How Jhunjhunwala, Damani and others shuffled their portfolios in December quarter
Investor Rakesh Jhunjhunwala turned more bullish on Tata Group companies, raising stake in Tata Motors, Titan Company and Indian Hotels Co by 0.1-0.2%. He also raised holding in tractor maker Escorts by 0.5% while reducing stake in Jubilant Ingrevia, Nazara Technologies, SAIL and TV18 Broadcast by 0.6-0.8%.
Chennai-based investor Dolly Khanna loosened her purse strings, as per the December quarter shareholdings. Her name showed up in public shareholders’ list of Simran Farms, Tinna Rubber, Prakash Pipes and Control Print, where she held 1-1.7% stake. It is unclear if these are new holdings or if Khanna owned less than 1% holding in these companies prior to this. Stake ownership of only 1% and above shows up in the public shareholders’ list.
Ashish Kacholia also found value in the small- and mid-cap space. His new holdings for the quarter include SJS Enterprises, United Drilling Tools and Yasho Industries, where he owned 2.4-3.8% at the end of the December quarter. Anil Kumar Goel stayed bullish on the sugar space, increasing stake in Avadh Sugar by 1.2% to 6.7%. He also raised stake in Vardhman Holdings by 1.3% to 5.9%.
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