Rekha Jhunjhunwala staked less than £100 on this promotion; Bought 42.50 lakh shares, got 76% return in 4 months.

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Rekha Jhunjhunwala Portfolio: Equity investor Rekha Jhunjhunwala added Home Appliances Company Singer India Ltd to its quarterly portfolio in September 2022. He bought a 7.91% stake in a consumer durables company in the second quarter (Q2 FY23). Rekha Jhunjhunwala is the wife of the late investor Rakesh Jhunjhunwala. Market veteran Rakesh Junjhunwala passed away in August of this year. In Singer India shares, investors have received a high return of 76% over the past four months.

42.50 lakh shares purchased from Singer India

According to the September 2022 shareholding scheme available on BSE, Rekha Junjhunwala bought 7.91% (42,50,000 shares) in Singer India Limited. This is a new stock in his portfolio. Singer India shares have returned about 18% this year. Whereas, over the past four months, the stock is up about 76 percent. On 1 July 2022, Singer India’s NSE share price was Rs 41.10. In the first session on October 31, 2022, the price was around Rs 72. Thus, investors received a return of about 76 percent in just 4 months.

30 stocks in Jhunjhunwala’s portfolio

According to Trendline, the portfolio of Rakesh Jhunjhunwala & Associates currently has 30 shares with a net worth of over Rs 33,225.9 crore as of September 30, 2022.
Rekha Junjhunwala also increased her stake in Tata Group companies Tata Communications and Titan during the September quarter. He bought 1.5 million shares, or about 0.5% of the new stake in Tata Communications. At the same time, the share in Titan increased from 1.1% to 1.7%.

(Disclaimer: investing in the stock market is subject to market risk. Investing here is not recommended. Please consult your advisor before investing.)



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