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Rakesh Jhunjhunwala’s top five stocks delivered 3 times the returns Nifty50 did

Rakesh Jhunjhunwala’s top five stocks delivered 3 times the returns Nifty50 did
Stock Market7 min read
  • India’s Big Bull, Rakesh Jhunjhunwala is no more, but he leaves behind a rich legacy for investors and his optimism is reflected in how his investments have performed over time.
  • From India’s largest branded jewelry maker Titan to new-age tech startups, Jhunjhunwala invested in a wide range of companies and verticals, instead of confining himself to a particular sector.
  • Here are the top Rakesh Jhunjhunwala stocks and how some of them have performed since the Covid pandemic broke out.
Rakesh Jhunjhunwala was fondly known as The Big Bull for his optimism and positive outlook on the Indian stock markets and economy. He passed away a day before India’s 75th Independence Day, but his name continues to carry weight amongst the company stocks that he owned.

Jhunjhunwala was never shy when it came to expressing his opinions, but one thing that he was unabashed about was his unwavering belief and optimism about the India growth story. This is despite him making a bulk of his wealth by shorting stocks, not going long on them.

Amongst the Big Bull’s largest shareholdings, Tata companies shine – more specifically, Jhunjhunwala was big on Titan, India’s largest branded jewelry maker. Of his nearly $4 billion stock holdings, Titan alone comes in at over $1.4 billion.

In fact, the top five – including Titan, Star Health, Metro Brands, Tata Motors and Crisil – account for over $3 billion of Jhunjhunwala’s stock investments.

Company

Stake

Holding value

$ (approx.)

Titan

5.1%

₹11,087 crore

$1.4 billion

Star Health

17.5%

₹7,018 crore

$888 million

Metro Brands

14.4%

₹3,349 crore

$424 million

Tata Motors

1.1%

₹1,731 crore

$219 million

Crisil

5.5%

₹1,302 crore

$165 million

Fortis Healthcare

4.2%

₹899 crore

$114 million

Federal Bank

3.6%

₹839 crore

$106 million

Canara Bank

2%

₹822 crore

$104 million

Indian Hotels

2.1%

₹816 crore

$103 million

NCC

12.6%

₹505 crore

$64 million

Rallis India

9.8%

₹429 crore

$54 million

Nazara Technologies

10%

₹424 crore

$54 million

Jubilant Pharmova

6.8%

₹377 crore

$48 million

Jubilant Ingrevia

4.7%

₹359 crore

$45 million

Tata Communications

1.1%

₹337 crore

$42 million

Aptech

23.4%

₹225 crore

$28 million

Agro Tech Foods

8.2%

₹156 crore

$20 million

Va Tech Wabag

8%

₹124 crore

$16 million


Source: Exchange filings

According to a Business Standard report, Rakesh Jhunjhunwala’s wealth increased nearly four times in the pandemic years – since 2020 till date. This is several times higher than returns from Nifty 50, which gave 46% returns in the same time period.

Here’s how Jhunjhunwala’s top five stocks have performed:

Company

Current share price

Return since Jan-20

Titan

₹2,496

119%

Star Health*

₹700

-23%

Metro Brands*

₹850

81%

Tata Motors

₹480

151%

Crisil

₹3,245

72%


*Went public in December 2021

Even without considering the two stocks which went public in December 2021, Titan, Tata Motors and Crisil have trounced the returns from Nifty 50 by a big margin.

Have you invested in any of these Rakesh Jhunjhunwala stocks?

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