Ace investor Rakesh Jhunjhunwala has hiked his exposure in companies like Lupin, McNally and Anant Raj, while on the other hand pared stakes in Titan, Geometric and A2Z Maintenance in January—March quarter.
At the same time, the billionaire investor kept his stakes unchanged in companies such as Crisil, Rallis, Viceroy, Aptech (where he is one of the promoter group entities), and Autoline Industries.
Jhunjhunwala, who mostly invests through his firm Rare Enterprises, is one of the most famous investors in the country and his moves are closely watched in the markets.
In the March quarter, Jhunjhunwala brought down his stake in Titan to 6.77 per cent from 8.05 per cent in December quarter. Similarly, in Geometric his stake slipped to 17.86 per cent from 17.92 per cent according to BSE shareholding data.
Jhunjhunwala, also referred to as the ‘Big Bull of Dalal Street’ trimmed his holding in A2Z Maintenance & Engineering to 18.03 per cent from 19.92 per cent, while in Delta Corp the stake went down to 3.53 per cent from 3.55 per cent.
His shareholding in Sterling Holiday Resorts slipped from 3.75 per cent to 3.70 per cent.
In contrast, he upped his exposure in Lupin to 2.10 per cent from 1.94 per cent, while in McNally the holding rose to 1.61 per cent from 1.29 per cent.
Jhunjhunwala’s stake in Anant Raj surged to 2.12 per cent from 1.36 per cent.
Besides, his holding remained unchanged in NCC, Praj Industries, Geojit BNP Paribas Financial Services and VIP Industries.
The latest quarter shareholding data are still awaited for companies like Ion Exchange, Adinath Exim Resources and Prime Focus Ltd where Jhunjhunwala held shares in December quarter.