Big Bull Rakesh Jhunjhunwala added nearly $40 million to net worth in the last four months— these are the stocks he bet on
Jul 22, 2020, 12:49 IST
- Jhunjhunwala is one of the few billionaires in India whose net worth has surged during the nationwide lockdown in the country from March 23 to June 30.
- Jhunjhunwala along with his family has increased his investments in listed companies by over 30% to ₹10,797 crore in the last four months.
- Jhunjhunwala has 29 stocks in his portfolio, according to moneyexcel.com, ranging from Aptech Limited, Titan, CRISIL, Edelweiss Financial Services, Bilcare, Delta Corp among others.
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The market volatility may have investors jittery but there’s no stopping the Big Bull from adding to his coffers. Indian billionaire Rakesh Jhunjhunwala earned at least $40 million in the last four months, thanks to some of the new stocks he purchased during this COVID-19 lockdown in India. Moreover, Jhunjhunwala has become one of the few billionaires in the country to have increased their net worth during nationwide lockdown in the country from March 23 to June 30, according to Forbes real-time billionaires data. Apart from him, Radhakishan Damani and Mukesh Ambani saw a surge in their net worth.
His latest investments include a 3.18% stake buy in Dishman Carbogen Amis.
According to Business Standard, Jhunjhunwala along with his family has increased his investments in the listed companies by over 30% to ₹10,797 crore in the last four months. This includes increased investments in Rallis India, Jubilant Life Sciences amongst other stocks.
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Autoline Industries. | Firstsource Solutions |
NCC | Jubilant Life Sciences |
Indian Hotels | Rallis India |
Dishman Carbogen Amcis |
Jhunjhunwala’s has 29 stock in his portfolios, according to moneyexcel.com,
Aptech Limited | Man Infra Construction |
Ion Exchange | Bilcare |
Spice Jet | Geojit Financial Services |
Orient Cement | Delta Corp |
Titan | Prakash Industries |
MCX | Mandhana Retail Ventures |
Firstsource Solution | Dewan Housing Finance Corporation |
Federal Bank | Rallis India |
Fortis Healthcare | TV 18 Broadcast |
Lupin | Jubilant Life Sciences |
CRISIL | Yes Bank |
Edelweiss Financial Services | Tata Communication |
Prakash Pipes | Indian Hotels |
VIP Industries | NCC Ltd. |
Autoline Industries Ltd. | Dishman Carbogen Amcis |
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