Rakesh jhunjhunwala portfoilio stock: If you invest by looking at the portfolio of ‘Big Bull’ Rakesh Jhunjhunwala of the stock market, then there is news of work for you. You can track the shares of Manufacturing and Engineering Company NCC Limited. Actually, veteran investor Rakesh Jhunjhunwala has increased stake in NCC Limited through the portfolio of his wife Rekha Jhunjhunwala.
NCC shares since 2015
The couple has been holding shares of NCC since December 2015. Jhunjhunwala first invested in NCC in December 2015 through his wife Rekha, and she took further stake in her name from March 2016. Although Jhunjhunwala did not change his stake in NCC, he increased the stake in the company to 0.72% through the portfolio of his wife Rekha.
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Bought 44 lakh new shares
NCC’s new shareholding data on exchanges showed that Rekha Jhunjhunwala’s stake in the company now stands at 16 million equity shares or 2.62% as of March 2022. As of December 2021, Rekha’s shareholding stood at 1.16 crore equity shares or 1.90% in NCC. On the other hand, Rakesh’s stake in NCC remains stable at 6,67,33,266 equity shares or 10.94% of NCC.
Rakesh Jhunjhunwala & Family now holds 82,733,266 shares of the company. Whereas in the December quarter, he held 78,333,266 shares of the company. That is, during this period, he has added 44 lakh new shares of NCC to the portfolio.
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69.60 a share is worth Rs.
On Wednesday, NCC shares closed at Rs 69.60, down 0.71% on the BSE. The market valuation of NCC at current prices is Rs 4,244.53 crore. Jhunjhunwala bought a stake in NCC despite the stock improving in a year.