How top 5 bets of Rakesh Jhunjhunwala have fared in 2022 YTD

Updated: 17 Mar 2022, 04:12 PM IST
TL;DR.

The year 2022 has been a mixed bag for big bull Rakesh Jhunjhunwala, with three of his top 5 stocks in the red so far. These 3 stocks have underperformed benchmark Sensex, which has lost around half a percent year-to-date (YTD). Let's take a look at how hit top bets performed in 2022 YTD:

Titan: This is his biggest holding where he holds 5.09 percent stake as of the December quarter valued at 11,707 crore. The stock is up 7 percent in 2022 YTD and has surged over 72 percent in the last 1 year. In the December quarter, the Big Bull increased his holding in the stock by 0.22 percent.

Star Health and Allied Insurance Company: The ace investor holds a 17.5 percent stake in the company valued at 6,134 crore. This is his second-biggest holding in a stock. The firm is a new addition to his portfolio and was added just in the December quarter. However, in 2022 YTD, this stock has lost around 19 percent. The firm made a weak debut on the exchanges on December 10, 2021, listing around 6 percent below its issue price.

Metro Brands: Rakesh Jhunjhunwala holds a 14.43 percent stake in this firm valued at 2,232 crore. The stock is up 18 percent since its listing on December 22 and has risen 24 percent in 2022 YTD. This is his third-biggest holding and another new addition, included in his portfolio in the previous quarter.

Tata Motors: The ace investor holds 1.18 percent stake in this auto major valued at 1,668 crore. The stock is down 10 percent in 2022 YTD but has risen over 30 percent in the last 1 year. Auto stocks have been facing a number of headwinds in recent times like chip shortages, curge in fuel prices, commodity inflation leading to rise in raw material prices, etc, and this have been under pressure for a while. Despite this, the ace investor increased his stake in the firm by 0.07 percent in the December quarter

Escorts: Rakesh Jhunjhunwala holds 5.2 percent stake in the firm valued at 1,169 crore. In the December quarter, the ace investor increased his stake in the firm by around half a percent. The stock has risen over 35 percent in the last 1 year but is down around 4 percent in 2022 YTD amid the volatility on the back of the Russia-Ukraine Crisis.

First Published: 17 Mar 2022, 04:12 PM IST