Know from which companies the veterans invested this quarter
Along with releasing the results, the companies also give information about the holdings of the big investors in the quarter. Markets take changes in holdings by large investors as an indication of their investment strategy
June quarter results (Quarterly ResultsWith the release of ), not only is the performance of the companies being detected, but also the attitude of the market’s leading investor towards the particular company is also being indicated. Indeed companies with quarterly results Rakesh Jhunjhunwala ,Rakesh Jhunjhunwala) also releases data related to veteran share holders. The eyes of the market remain on those companies in which the big investors have invested. Actually, by increasing or decreasing the investment in the company by the veteran investors, it is indicated that what they are thinking about the future of this company. Often the investment pattern of the giants is taken into account by the market (stock market) follows a large section. If their investment in these companies declines as compared to the previous quarter, then it is not considered positive for the companies as the market believes that investors have less potential for further growth in the company. At the same time, increasing the stake is considered positive.
Here is the change in the investment of 4 big stalwarts of the country Rakesh Jhunjhunwala, Mukul Agarwal, Ashish Kacholia, Dolly Khanna. At present, the results of the companies are yet to come, that is, in the coming time, there can be an increase in this list.
Rakesh Jhunjhunwala and Rekha Jhunjhunwala
According to the news of ET Now, the stake of Rakesh and Rekha Jhunjhunwala in NCC has decreased by 0.4 percent. At the same time, his holdings in Autoline and India Bulls Real Estate have come down to less than 1 percent during this period. The stock of NCC has increased more than 3 times since April 7, 2020.
At the same time, investment veteran Mukul Agarwal has also withdrawn money from many stocks during the quarter. Among the companies that have given shareholding information so far, Mukul has reduced its stake in J Kumar Infra by 0.1 per cent, in On Mobile Global by 0.4 per cent and in IMFA by 0.4 per cent as compared to the previous quarter.
On the other hand, Ashish Kacholia, another veteran investor of the country, has reduced his investment in some companies and has also bought in some. According to the data, Kacholia has increased its stake in Finotex Chemical by 0.1 percent compared to the previous quarter. At the same time, the stake in Yasho Industries has also increased by 0.1 percent. At the same time, the stake in ADF Foods has declined by 0.1 percent. His stake in Vishnu Chemicals also declined by 0.8% as compared to the previous quarter. At the same time, their share in Mold Tech Packaging has reached less than 1 percent.
Another market stalwart, Dolly Khanna, has taken a new stake in two companies. At the end of the June quarter, he gave a 3.3 percent stake in Chennai Petro. At the same time, his stake in National Oxygen was 1.1 percent. If the figures are to be believed, the purchase of Dolly Khanna in Chennai Petro has earned her a lot. In fact, at the beginning of the quarter, the stock was below 200 levels before 19 April. Currently the stock is at the level of 267. At the same time, the stock has doubled from the level of April 1.