Rakesh Jhunjhunwala Stock Portfolio News: Big bull's net worth grows Rs 110.88 crore in last 14 trade sessions in this stock
Rakesh Jhunjhunwala net worth has been growing at a rapid speed post-Union Budget 2021. In fact, Rakesh Jhunjhunwala portfolio shares have been hitting the headlines for making a whopping money post-budget.
Rakesh Jhunjhunwala net worth has been growing at a rapid speed post-Union Budget 2021. In fact, Rakesh Jhunjhunwala portfolio shares have been hitting the headlines for making a whopping money post-budget. But, for those who follow Rakesh Jhunjhunwala share holding for getting to know about the stock market outlook, there is a need to develop the art of making money and having control over the greed for money. If we go by this Big Bull's portfolio stock, then we would come to know that Warren Buffett of India has booked profit in the stock when the stock was on the rise after making its low of Rs 550.75 per stock levels in March 2020. Yes! You guessed right. We are talking about Escorts share price.
Rakesh Jhunjhunwala portfolio review suggests that the Big Bull of the Indian stock market, booked partial profit in Escorts shares, when it was on the rise during the October to December 2020 quarter. Ace Indian investor sold 12 lakh Escorts shares from his portfolio and after that Escorts share price has been showing tepid deviation or range-bound trend, which reflects the art of making money that Rakesh Jhunjhunwala has developed during the passe of time at Dalal Street.
WATCH | Click on Zee Business Live TV Streaming Below:
Rakesh Jhunjhunwala share holding in Escorts
The Big Bull booked profit in Escorts shares as the tractor maker stock had more than doubled from its March low of Rs 550.75 per share levels. Rakesh Jhunjhunwala now holds 64,00,000 shares, or 4.75 per cent, stake in the company. At the end of the September quarter, he held 5.64 per cent stake in Escorts.
However, if we go by the Escorts share price history, the tractor maker company stock has jumped from Rs 1205.70 per stock levels on 29th January 2021 to Rs 1378.95 levels. Means, Escorts share price has risen Rs 173.25 per stocks during the last fourteen straight trade sessions. So, in the last 14 straight trade sessions, Rakesh Jhunjhunwala net worth in Escorts shares has gone northward by Rs 110.88 crore (64,00,000 X Rs 173.25).
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.