Rakesh Jhunjhunwala changed the stock move! Sell shares of top 5 companies- Rakesh Jhunjhunwala, who is called the Big Bull of the market, has removed some stocks from his portfolio. That is, he has sold some shares fiercely. Rakesh Jhunjhunwala has reduced the shares of 5 companies from his portfolio. Out of that, 2 companies are such, in which their stake is now less than 1 percent.
Big Bull changed his move!
Companies whose shares have been sold by Big Bull include Mandhana Retail Ventures, Lupine, Aptech, Fortis Healthcare, and MCX. His stake in Mandhana Retail has come down to 5.4 percent. It is worth noting that Rakesh Jhunjhunwala is considered a veteran of the stock market. Investors always keep a close watch on when and what they sell and what they are buying.
Rakesh Jhunjhunwala has reduced his stake in Mandhana Retail Ventures by 5.4 percent i.e. now his stake has come down from 12.7 percent to 7.4 percent. Now the number of shares of the company in his portfolio has been reduced to 1630900. At present, the total value of these shares is Rs 2.5 crore. Let us tell you that Mandhana Retail Ventures has given 84 percent return in the last 1 year.
Rakesh Jhunjhunwala has also reduced his stake in MCX to less than 1 percent. He had a 4.9 percent stake in this company in the June quarter. MCX has given 13% return in last 1 year.
Rakesh Jhunjhunwala appointed Aptech Ltd. has reduced its stake by 0.02 per cent. Now the number of shares of the company in his portfolio is 9,668,840. According to the current price, the total value of these shares is Rs 295.5 crore. His stake in the company is around 23.7 percent. Aptech Ltd. Has given 158 percent return in the last 1 year and during this period it has increased from Rs 117 to Rs 304.
Rakesh Jhunjhunwala has also reduced his stake in Fortis Healthcare by around 0.1 per cent in the September quarter. Accordingly, now his stake in the company has come down from 4.3 per cent to 4.2 per cent. He has 31,950,000 shares of the company in his portfolio, whose value is Rs 842 crore. Fortis Healthcare has given 107% return in the last 1 year. During this, the share price increased by Rs 127 to Rs 263.
Rakesh Jhunjhunwala has reduced his stake in pharma company Lupine to less than 1 per cent in the September quarter. He held 1.6 per cent stake in the company in the June quarter. At the same time, Lupine has given a negative return of 8 percent in 1 year.