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Billionaire investor Rakesh Jhunjhunwala celebrates his 62nd Birthday on Tuesday, July 5, 2022. He is known as India’s own Warren Buffett and fondly called as the Big Bull of Indian stock market, who came to the market with nothing but turned everything into a fortune.
Inheriting from a Rajasthani Family, Rakesh Jhunjhunwala grew up in Mumbai. His father worked as an Income Tax Commissioner and played an important role in introducing him to the market, however, deprived him from giving money to invest.
The 62-year-old is self-made investor, as he built a fortune from an early bet on Tata Tea by being a risk-taking investor.
As per the latest corporate shareholdings, Rakesh Jhunjhunwala along with his wife Rekha Jhunjhunwala and associates publicly holds 33 stocks with a net worth of over Rs 25,967.3 crore as of July 5, 2022, according to stock analysis website trendline.com.
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Let’s have a look at the top 5 Rakesh Jhunjhunwala stocks with maximum holding value, as per trendline.com:
The ace investor holds 44,850,970 equity shares, which comprises 5.1 per cent stakes in Titan Company with a holding value of Rs 8,889.5 crore
He holds 100,753,935 equity shares, which translates to 17.5 per cent stakes in Star Health and Allied Insurance Company with a holding value of Rs 4978.3 crore
In Metro Brands, he has 39,153,600 equity shares, which come to 14.4 per cent stakes in the company with holding value of Rs 2,386.4 crore.
Another Tata Group company – Tata Motors, Big Bull holds 39,250,000 equity shares, which aggregates to 1.2 per cent stakes in the auto company with holding value of Rs 1,635.5 crore.
In rating agency firm – CRISIL, the renowned investor has 4,000,000 equity shares, which comes to 5.5 per cent stakes in the company with holding value of Rs 1,336.7 crore.
“Many clients ask when we recommend stocks whether Rakesh has bought it, and what he’s holding,” said Chirag Shah, AVP – Bonanza Portfolio told Reuters according to an old report
“People follow him like anything. Whenever they come to know that he’s taken a stake in a stock, they try to invest in it,” Shah had said.
“All I’ve known is trading and investing. I don’t want to do anything else in life. “I’ll call it quits the day I die.” Rakesh Jhunjhunwala once said in an old interview to Reuters. Rakesh Jhunjhunwala has been bullish on India and feels India’s best is yet to come.
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