Rakesh Jhunjhunwala adds two new stocks to his portfolio in Q2, takes a liking to Canara Bank, NALCO

While making a series of stake sales in some of his stocks, the Big Bull took a liking to two new stocks belonging to the banking and metal sector.

Oct 20, 2021 10:10 IST India Infoline News Service

The September 2021 (Q2FY22) quarter was a busy one for the Dalal Street King, Rakesh Jhunjhunwala. While making a series of stake sales in some of his stocks, the Big Bull took a liking to two new stocks belonging to the banking and metal sector. These two stocks were Canara Bank and National Aluminium (NALCO).

In Q2FY22, Jhunjhunwala bought 1.6% or 29,097,400 equity shares in Canara Bank. Meanwhile, he purchased about 1.4% or 25,000,000 equity shares in NALCO.

As per the Trendlyne.com data, Jhunjhunwala's shareholding in Canara Bank and NALCO is currently valued at nearly Rs555cr and over Rs285cr respectively.

At around 10.44 am, Canara Bank was trading at Rs194.80 per piece up 2.1% on Sensex. The stock was trading near the day's high of Rs197.20 per piece.

NALCO performed at Rs110.10 per piece lower by 3.6% on Sensex. The stock has touched an intraday high and low of Rs114.35 per piece and Rs106.80 per piece respectively. 

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