Portfolio of Rakesh Jhunjhunwala

Aug 06, 2008 10:16 am

For all those affiliated with the stock market, it is always fascinating to know what the other person is investing into, what are the stocks owned? Call it human nature, but its always interesting to know what the other person does, the ever inquisitive nature of mankind.

So we were also a bit inquisitive and decided to take a look at the holdings of Rakesh Jhunjhunwala, one of the savviest and smart investors on Dalal Street. He is a CA by profession and his name catapulted into fame when Forbes, in 2007, ranked him as the 51st richest man in India. Son of an income tax officer, he started dabbling in stocks while in college. Rather than take a job, he plunged into investing, starting with around Rs.5000 in 1985 when the BSE Sensex was at 150; it is now over around 14,000. His privately owned stock trading firm Rare Enterprises, derives the name from first two initials of his name and wife Rekha's name.

Hence we thought it would be very interesting to know about his holdings and the stocks which he holds a substantial stake in. He is a long term investor and does not trade for short term profit. Take a look at his portfolio and maybe learn a few lessons. These shares are held by Rakesh and his wife Rekha Jhunjhunwala and form a part of his disclosed portfolio. There could be more holdings through companies, trusts, proprietary accounts which are not in the public domain.

NAME OF COMPANY

SHARES HELD (as on 30/06/08)

PRX

(as on 5/08/08)

VALUE (Rs.in crores)

TITAN INDUSTRIES

39,85,756

1277

508.98

PRAJ INDUSTRIES

1,33,76,624

188

251.48

LUPIN LTD

27,52,135

753

207.24

CRISIL

5,50,000

3631

199.70

NARAGJUNA CONSTRN

1,24,50,000

134

166.83

BILCARE

20,25,000

640

129.60

PUNJ LLOYD

50,40,000

291

146.66

PANTALOON RETAIL

23,30,895

353

82.28

KARUR VYSYA BANK

24,94,073

348

86.79

BHUSHAN STEEL

8,20,000

922

75.64

GEOJIT FINANCE

1,80,00,000

43

77.40

PROVOGUE INDIA

3,80,000

850

32.30

GARWARE WALL ROPE

5,00,000

86

4.30

PRIME FOCUS

8,82,500

460

40.59

VICEROY HOTELS

47,50,000

51

24.22

INFOMEDIA INDIA

15,06,062

155

23.34

AGROTECH FOODS

17,03,259

126

21.46

ZENOTECH LABS

11,50,000

113

12.99

MID-DAY MULTIMEDIA

22,50,000

26

5.85

ION EXCHANGE

5,00,000

153

7.65

ZEN TECHNOLOGY

5,00,000

164

8.20

ALPHAGEO

1,25,000

413

5.16

JB CHEMICALS

10,81,650

47

5.08

AUTOLINE INDUSTRIES

12,11,622

182

22.05

MRO TEK

5,70,834

51

2.91

HIND OIL EXPLOR

61,00,666

136

82.97

TOTAL VALUE OF PORTFOLIO – Rs. 2231.67 crore.