32%: Jump in value of investments of ace stock-picker Rakesh Jhunjhunwala and family since the start of this financial year.

Business Standard
23rd July

32%: Jump in value of investments of ace stock-picker Rakesh Jhunjhunwala and family since the start of this financial year.

  • The portfolio of Jhunjhunwala and family has surged past the Rs 10,000-crore mark, rising by Rs 2618 crore since April 2020.
  • While his stake in Titan Company and Escorts, besides 16 other companies, remained unchanged during this period, Rallis India, Escorts, Jubilant Life Sciences and CRISIL helped Jhunjhunwala’s portfolio beat market returns at the index level.
  • These stocks collectively added half (Rs 1,234 crore) of the portfolio’s total gains made during the period.
  • Titan, meanwhile, underperformed the market, gaining 8.7%, against a 28.7% surge in the BSE Sensex.

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