Q1FY22: Rakesh Jhunjhunwala adds Indiabulls Housing, SAIL to portfolio; Offloads stake in Autoline, Titan, Tata Motors

Till date, Jhunjhunwala's net worth has risen to Rs19,413.94cr.

Jul 22, 2021 12:07 IST India Infoline News Service

Rakesh Jhunjhunwala
The June 2021 quarter was very busy with Rakesh Jhunjhunwala who made host investments in stocks with Indiabulls Housing Finance and Steel Authority of India (SAIL) being the new addition to the portfolio. On the other hand, Jhunjhunwala offloaded stakes in a list of five stocks.

According to Trendlyne.com, in the June 2021 quarter, Jhunjhunwala who is referred to as the 'Warren Buffet of India' - bought 1.39% or 57,500,000 equity shares in SAIL. Further, he purchased 2.2% or 10,000,000 equity shares in Indiabulls Housing Finance.

He also bought 0.4% and 0.38% in Edelweiss Financial Services and Federal Bank.

On Thursday, on Sensex, at around 12.21 pm, Indiabulls Housing was trading at Rs276.50 per piece up 3.9%, while SAIL was at Rs126.10 per piece higher 2.7%. Meanwhile, Edelweiss has hit a 5% upper circuit of Rs93.15 per piece and Federal Bank was performing at Rs84.75 per piece up 1.1%.

On the other hand, Jhunjhunwala offloaded 1.01% in Autoline Industries. He also sold 0.56% in TV18 Broadcast.

Jhunjhunwala also sold shares in his two favourite stocks namely Titan and recently added Tata Motors.

He sold 0.25% in Titan, while a 0.15% stake was offloaded in Tata Motors.

Additionally, he sold 0.04% in Aptech.

On Sensex, Autoline locked at the 5% upper circuit of Rs51.30 per piece. While Titan stock surged 2% at Rs1702.10 per piece and Tata Motors was at Rs303.65 per piece up 0.5%. Aptech and TV18 Broadcast soared by nearly 3% and 2.5% respectively.

Till date, Jhunjhunwala's net worth has risen to Rs19,413.94cr. 

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