Jhunjhunwala Portfolio News
Rakesh Jhunjhunwala's portfolio is closely followed by investors in the stock markets. Often called the big bull of India’s stock market, he gained popularity for placing bets that have provided fantastic returns.
Jhunjhunwala owns a 1.6 per cent stake in Edelweiss Financial Services.
Wockhardt hit its 52-week low of Rs 325.30 recently.
Rakesh Jhunjhunwala portfolio stock Rallis India also hit its 52-week low in recent times.
The company will raise Rs 1,575 crore through issue of warrants in multiple tranches
D B Realty said the board in its meeting held on Wednesday approved allotment of further 5 crore warrants convertible into equivalent numbers of equity shares.
The company proposes to allot 1 crore warrants each to Rekha Jhunjhunwala, Rakesh Jhunjhunwala's RARE Investments, Abhay Chandak and Aditya Chandak.
Jhunjhunwala's personal wealth grew by about Rs 342 crore.
Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala own a stake in Titan Company.
Jhunjhunwala owned 3,57,10,395 shares or 4.02 per cent stake.
The big bull is a marquee share market investor who has made his fortune by investing in several stocks.
One such stock in his stock, Federal Bank, has rallied over 115% in the past 13 months.
The share jumped 9% after posting a strong earnings result for the second quarter of the ongoing financial quarter.
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