Rakesh Jhunjhunwala holdings: 32 stocks gave Big Bull a Rs 32,000 crore-portfolio

Dalal Street legend Rakesh Jhunjhunwala died on Sunday. An established trader, renowned investor and a chartered accountant by profession, he entered the equity markets with just Rs 5,000 in 1985.

On the day of his death, Jhunjhunwala’s net worth is estimated at $5.5 billion, roughly Rs 43,800 crore, making him the 36th richest person in India, according to Forbes data.

Jhunjhunwala was fondly known as the Big Bull or the Warren Buffett of India, and a major portion of his wealth came from equity market investments.

According to the latest corporate shareholdings, Jhunjhunwala and associates publicly held 32 stocks with a net worth of more than Rs 31,904.8 crore.

counts for more than one-third of his listed equity investments. As on June 30, 2022, Jhunjhunwala and his wife Rekha held 44,850,970 equity shares or a 5.05 per cent stake in the luxury products firm worth Rs 11,086.9 crore. Then came the recently listed and Metro Brands, where the holdings were worth Rs 7,017.5 crore and Rs 3,348.8 crore, respectively. He and his spouse are named promoters in Star Health and Allied Insurance Company.

They cumulatively owned 100,753,935 equity shares or 17.49 per cent stake in Star Health, whereas thier holding in Metro Brands stood at 39,153,600 shares or 14.43 per cent as on June 30, 2022.

Jhunjhunwala also owned 36,250,000 shares or 1.09 per cent stake in Tata Motors and 40,00,000 shares or 5.48 per cent stake in Crisil, taking his personal holdings in the companies to Rs 1,731.1 crore and 1,301.9 crore, respectively.

In the remaining companies, the worth of Jhunjhunwala’s holdings were less than Rs 1,000 crore, despite owning more than 10 per cent stake in some of them.

He held 4.2 per cent stake in Forthis Healthcare (worth Rs 898.9 crore); 3.6 per cent stake in Federal Bank (worth Rs 839 crore); 2 per cent stake in Canara Bank (worth Rs 822.5 crore) and 2.1 per cent stake in

Company (worth Rs 816.3 crore).

He also owned stakes in NCC (12.6 per cent, worth Rs 505.2 crore), Rallis India (9.8 per cent, worth Rs 428.8 crore),

(20 per cent, worth Rs 423.5 crore), (6.8 per cent, worth Rs 377.2 crore), (4.8 per cent, worth Rs 358.7 crore) and (1.1 per cent, worth Rs 336.6 crore)

Jhunjhunwala was highly bullish on Tata group companies as five out of his top 15 holdings — Titan, Tata Motors, Indian Hotels, Rallis India and Tata Communications — were entities in the homegrown conglomerate.

His other holdings included Escorts Kubota,

, Aptech, and . In these companies, his stakes were worth Rs 125 crore to Rs 300 crore each.

He also owned stakes in

, Wockhardt, , Anant Raj, , Man Infra, DB Realty, , Autoline Industries, Bilcare and , but his holdings in them were less than Rs 100 crore each.

For all the latest Business News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! TheDailyCheck is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected] The content will be deleted within 24 hours.