Veteran investor Rakesh Jhunjhunwala has a large stake in several companies. Rakesh Jhunjhunwala, popularly known as Big Bull in the stock market, keeps on making changes in his portfolio from time to time. In the fourth quarter of FY 2022, Jhunjhunwala has sold shares of a Tata Group company. Jhunjhunwala has made profit booking in Tata Motors DVR. Jhunjhunwala has sold 5 million shares of Tata Motors DVR.
Veteran investor sold 50 lakh shares in March quarter
Rakesh Jhunjhunwala has reduced his stake in this Tata Group stock from 3.93 per cent to 2.95 per cent during the March 2022 quarter. As per the shareholding pattern of Tata Motors DVR for the March quarter, Jhunjhunwala holds 1,50,00,000 shares or 2.95 per cent stake in the company. However, Jhunjhunwala held 2,00,00,000 shares or 3.93 per cent stake in Tata Motors DVR in the December 2021 quarter. In the March quarter of the financial year 2021-22, the veteran investor has sold 5 million shares of this Tata Group stock.
Also read- Everyone is betting on this stock of Rs 63, because of this there is a competition to buy the stock
124.10 is the 52 week take of the company’s shares
However, it is not yet known whether Rakesh Jhunjhunwala has sold his 0.98 per cent stake in the Tata Group company in one go or sold these shares in bits. On Wednesday (April 20, 2022), Tata Motors DVR is trading at a level of Rs 218.70 with a gain of 1.13 per cent on the Bombay Stock Exchange. The 52-week low level of the company’s shares is Rs 124.10. At the same time, the 52-week high level is Rs 298.50. The market cap of the company is around Rs 11,120 crore.
Also read- Rocket became the stock of Adani Group, in just 2 months, investors made a profit of 6 lakh rupees