Thursday, September 29, 2022



Few stocks in Jhunjhunwala portfolio still trading down

Mumbai, Aug 17, 2022- The stocks in Rakesh Jhunjhunwala’s portfolio which saw a downfall on Tuesday, has rebounded on Wednesday, but few stocks still trading in red.

Stocks such as CRISIL trading 2.03 per cent down, Federal Bank was down 1.09 per cent, Karur Vyasa Bank was down 0.92 per cent, Escorts Kubota was down 0.39 per cent during the afternoon trade.

However, the stocks which was sharply down on Tuesday, the first trading day after Jhunjhunwala’s death, are trading up today.

Stocks such as Aptech, which was down 5 per cent on Tuesday, is trading 0.95 per cent up, Metro Brands which was down nearly 1 per cent is trading 0.27 per cent up on Wednesday.

The iconic investor, Jhunjhunwala, breathed his last on Sunday. He died at the age of 62. He was known as the ‘Big Bull’ of Dalal Street.

Jhunjhunwala began his portfolio with just Rs 5,000 in 1985, and then it went on to the massive portfolio of Rs 11,000 crore.

He went on to become India’s biggest stock market investor, growing his portfolio to a massive Rs 11,000 crore.

The first big profit has for him has came from the Tata Tea stocks in 1986. His biggest investment till date has been tipped to be that in Titan, which was worth over Rs 7,000 crore.

Further, his investments included Fortis Healthcare, Aurobindo Pharma, Ion Exchange, Lupin, Geojit Financial Services, VIP Industries, Rallis India, Jubilant Life Sciences and more.

During the crisis of 2008, his portfolio has saw a drop, but by 2012 he has recovered all his losses.

Jhunjhunwala, with his ventures as an entrepreneur and his portfolio, was among the richest people in the country.

His latest stint as an investor and promoter was Akasa Air, which launched just last week.  (Agency)

CLICK HERE to like Facebook Page for regular updates

- Advertisement -

Yes Punjab - TOP STORIES

Punjab News

Sikh News

Transfers, Postings, Promotions

- Advertisement -spot_img

Stay Connected






Popular Front of India – India’s internal insurgency – by Arshia Malik

The National Investigation Agency (NIA) -- which was probing over 100 (Popular Front of India (PFI) members in connection with various cases -- arrested...

India’s rise as a global counsel at Samarkand summit – by DC Pathak

The post-Cold War world - no more divided in rival camps created by two competing superpowers confronting each other for military and ideological reasons...

By changing Vyapam’s name twice, MP govt can’t whitewash its stains – by Sundeep Pouranik

Bhopal, Sep 24, 2022 - Seems that ghosts of the Vyampam scam will continue to haunt the Chief Minister Shivraj Singh Chouhan-led Madhya Pradesh...


Health & Fitness

Humble stethoscope can detect heart defects in children with 95% accuracy: Study

Kochi, Sep 28, 2022- The humble stethoscope could avoid unnecessary use of more expensive investigations like echocardiography for diagnosis of cardiac defects and allow for substantial reductions in healthcare costs, as per a research study done at the Amrita Hospital here. Published in the British Medical Journal - Paediatrics Open, the study was conducted in 545 children with suspected congenital...

Gadgets & Tech

error: Content is protected !!