In one of our previous article, we have shared the story of Warren Buffett of the Indian Stock Market – Rakesh Jhunjhunwala. He is a qualified Chartered Accountant, who manages his own equity portfolio as a partner in asset management firm Rare Enterprises. Many of our readers who went through our story on Rakesh Jhunjhunwala have requested us to share his current stock portfolio. We are going to post the same in this article.
Rakesh Jhunjhunwala’s Journey in the Stock Market
Rakesh comes from a middle-class family. His father was an income tax officer and was also a stock market enthusiast. Rakesh started his career in the stock market as a stock trader right after he became a qualified CA. The year was 1985 when BSE Sensex was 150. He started with only Rs. 5,000. However, his present portfolio value is something which inspires other stock enthusiasts of the country. Starting from Rs. 5,000 he has transformed it into Rs. 6290 crore!
Rakesh Jhunjhunwala’s portfolio consists of stocks from different sectors. He is a man with vision and a great understanding of the stock market.
Present Portfolio Holdings (As on April 2016)
Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala of Rare Enterprises is presently holding the following stocks in their equity portfolio. The portfolio consists of 42 stocks from different sectors. Its total value is Rs. 6290 Crore. Their top 5 holdings are Titan Company (Rs. 1,799 Crore), Lupin (Rs. 737 Crore), Rallis India (Rs. 472 Crore), CRISIL (Rs. 444 Crore) and Aurobinda Pharma (Rs. 394 Crore).
(As on April 2016)
|Company||Number of Shares (In Lakhs)||Rs. (In Crores)|
|Dewan Housing Finance||58||237|
|Karur Vysya Bank||47.5||221|
|Agro Tech Foods||20||116|
|Sterling Holiday Resorts||31.3||78.25|
|Polaris Consulting & Services Ltd||38.18||64.91|
|Pipavav Defence and Offshore||105||48|
|Geojit BNP Paribas Financial||180||36|
|A2Z Maintenance and Engineering||123.88||16|
|Ion Exchange (India)||8.75||9|
|Hindustan Oil Exploration Company||19.61||8|
|Mcnally Bharat Engineering||9.98||6|
|Prozone Capital Shopping Centres||37.5||6|
|Adinath Exim Resources||1.66||0.27|
“Don’t Look for Profits; Look For Sources Of Profits” – Rakesh Jhunjhunwala
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