Portfolio Shake-Up: Rekha Jhunjhunwala Makes Significant Tweaks to Investments in March Quarter
If you are a crypto enthusiast looking for insights into investment strategies, you may find it interesting to learn about the recent changes made by Rekha Jhunjhunwala in her portfolio during the quarter ended March. Jhunjhunwala inherited a portfolio from Rakesh Jhunjhunwala and has made some noteworthy adjustments to her investments.
Reduced Stakes in Tata Communications and Other Companies
– Jhunjhunwala trimmed her stake in Tata Communications by 0.3%, bringing it down to 1.6% by the end of March quarter.
– The ace investor also reduced her holdings in four other companies, including Raghav Productivity Enhancers, Canara Bank, Fortis Healthcare, and NCC.
– Stake in Raghav Productivity decreased by 0.1%.
– Canara Bank, Fortis Healthcare, and NCC each saw a stake reduction of 0.6% based on the latest Trendlyne data.
Market Performance of Companies
– Raghav Productivity, a manufacturer of Silica Ramming Mass, experienced a stock price decline of over 15% in 2024.
– Canara Bank has shown a significant rally, delivering returns of over 100% in the past 12 months and 38% year-to-date.
– Jhunjhunwala currently holds 12.5% stake in NCC and 4.1% in Fortis Healthcare.
Additional Insights into Jhunjhunwala’s Portfolio
– Jhunjhunwala and Associates own 26 stocks with a combined net worth of over Rs 50,230 crore.
– Some notable names in her portfolio include Tata Motors, Indian Hotels, Titan, Nazara Tech, and Delta Corp among others.
Hot Take: Stay Informed on Investment Trends and Make Informed Decisions
When it comes to navigating the world of investments, staying updated on market trends and notable investor actions can provide valuable insights. By learning from the adjustments made by prominent investors like Rekha Jhunjhunwala, you can gain a better understanding of market dynamics and make informed decisions regarding your own investment strategies. Keep a close eye on portfolio changes and market performances to stay ahead of the curve in the ever-evolving financial landscape.