Business

Rakesh Jhunjhunwala invested Rs. 101 crores

Highlights:

  • Rakesh Jhunjhunwala earned Rs 101 crore in one hour in these five stocks of his portfolio.
  • The biggest gainer was India Hotels, which rose 6 per cent.
  • After that Big Bull also earned Rs 21.72 crore in Tata Motors.

Surprisingly, the name of Rakesh Jhunjhunwala, the big bull of the Indian stock market, does not appear in the stock market. Many people make good profits in the market by following the portfolio of Rakesh Jhunjhunwala. Although it requires patience, many people in the stock market say that the earnings of the stock market are equal to the stock but if you invest patiently for a long time, then the stock market will also benefit. If we talk about Big Bull Rakesh Jhunjhunwala, then he earned Rs 101 crore from five stocks in his portfolio in this Muhurta trading session of this year. Once a year during the Muhurta session, there was a rally in the market. As the market progressed, several stocks in his portfolio were strong, giving him good returns. Indian Hotels was one of the top gainers in Rakesh Jhunjhunwala’s portfolio, rising 6% in the one-hour trading session. Along with Indian hotels, Tata Group’s auto major Tata Motors also added shine to its portfolio this Diwali.

Shares of Tata Motors closed at Rs 490.05, up 1 per cent during the session. Big Bull owns 3.67 million shares of the auto giant. The value of Tata Motors shares in Jhunjhunwala’s portfolio was Rs 1,738 crore before the Muhurta session, which rose by Rs 17.82 crore to Rs 1,800 crore during the special session. Significantly, the share price of Tata Motors has risen 162 percent so far this year.

Jhunjhunwala has been talking openly about the business reopening for some time now and his move is being considered justified by the rise in the shares of hospitality company India Hotels. Shares of Indian Hotels closed at Rs 215.45 per share, up 5.95 per cent during the trading session. The value of Indian hotels stood at Rs 507.70 crore on Wednesday, but rose by Rs 31.13 crore to Rs 538.84 crore in the Muhurta season.

Shares of rating and research agency Crisil rose 2 per cent during the Muhurta trading session. Rakesh Jhunjhunwala holds 39.75 equity shares of the company. The stock value in its portfolio stood at Rs 1,144 crore at the end of yesterday’s session. Which was Rs 21.72 crore more than Rs 1123 crore on Wednesday.

In addition, Escorts helped the so-called king of the stock market, Jhunjhunwala, increase his investment returns by Rs 18.11 crore. The stock had gained 2 per cent in the Muhurta session and with this the stock price in Jhunjhunwala’s portfolio increased from Rs 960 crore to Rs 978 crore. Apart from this, Jhunjhunwala has also acquired a stake of Rs 12.6 crore in gaming and hospitality company Delta Corps. The stock had gained 3.3 per cent during the Muhurta trading session. With this, the share price in his portfolio increased from Rs 550.80 crore to Rs 563.40 crore.

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