Does Rakesh Jhunjhunwala invest in Tata Motors?

Ace investor Rakesh Jhujhunwala has bought an additional 10 million equity shares, or 1.97 per cent stake, in Tata Motors DVR in July-September (Q2FY22), increasing his stake in the Tata Group company to 3.93 per cent in Q2 from 1.97 per cent at the end of June quarter (Q1), according to the shareholding pattern filed …

At what rate did Rakesh Jhunjhunwala buy Tata Motors?

Jhunjhunwala bought 1.29\% or 4 crore shares in Tata Motors. The large cap share has gained 150.84\% in one year and risen 15.61\% in one month.

In which stocks did Rakesh Jhunjhunwala invest?

Another PSU stock in Jhunjhunwala’s portfolio is the National Aluminium Company (NALCO). He recently bought 2,90,97,40 equity shares or 1.6 per cent stake in the firm. Jhunjhunwala has always remained bullish on Tata Group stocks.

How many Tata Motors does Rakesh Jhunjhunwala?

Rakesh Jhunjhunwala holding in Tata Motors As per the shareholding pattern of Tata Motors for April to June 2021, Rakesh Jhunjhunwala holds 3,77,50,000 shares, which is 1.14 per cent of the total issued paid up capital of the company.

Does Rakesh Jhunjhunwala hold Tata Power?

According to the shareholding pattern of Tata Motors for April to June 2021, Rakesh Jhunjhunwala owns 3.77 crore equity shares of the company. This means he holds a 1.14\% stake in the company.

How many shares Rakesh Jhunjhunwala have in Tata Motors?

Why is Tata Motors share rising?

Tata Motors share price began to rise after the company announced its plans to raise Rs 7,500 crore from TPG Rise Climate, along with its co-investor ADQ. The stocks of Tata Motors jumped over 22\% to settle at Rs 530 on the BSE as of Wednesday. The dip might be the result of investors booking profit from the rally.

How many shares does Rakesh Jhunjhunwala hold in Tata Motors?

Jhunjhunwala held a total of 4.27 crore shares in the company at the end of March, which came down to 3.77 crore by the end of June. According to the last closing price, he sold shares worth Rs 154.35 crore. Tata Motors was the second largest bet in Rakesh Jhunjhunwala’s portfolio, after Titan.

What was Rakesh Jhunjhunwala’s first investment?

His First Investment Ever – Tata Power In 1985, Rakesh Jhunjhunwala bought 5000 shares of Tata Power with a thought of companies good earnings & as the yield was greater than the interest. The stock gave him a regular dividend income flow of Rs. 40000-50000 per year.

Is Rakesh Jhunjhunwala playing India’s electric vehicles story?

Rakesh Jhunjhunwala wants to play India’s electric vehicles story with Tata Motors. “The biggest and best player in electric cars in India is going to be Tata Motors. I am a shareholder and I am playing EV story with Tata Motors only,” the ace investor said in interview with CNBC International TV.

What is the price of Jhunjhunwala’s Titan shares?

Jhunjhunwala bought into Titan in 2002-03 at an average price of around Rs 5; the stock then rose to touch Rs 80 and later fell to Rs 30, but he did not sell a single share. That Rs 30 is nearly Rs 375-400 today.