This is just a small brief on the shares Ace Investor Rakesh Jhunjhunwala bought/sold in the June quarter. I may request readers to do their own homework before blindly copying his portfolio.
He bought 1,07,200 shares of Lupin, 7,00,000 shares of Nagarjuna Construction, 2,44,838 shares of Rallis India, 2,00,000 shares of Praj Industries and 2,85,000 shares of Hindustan Oil Exploration.
He sold 50,000 shares of Karur Vysya Bank, 27,000 shares of Titan Industries and 2500 shares of Bilcare.
No change in holdings in Crisil, Punj Lloyd, Pantaloon -DVR, Geojit BNP Paribas, Geometric, Prime Focus, Zen Technologies and Mid-day Multimedia. Due to equity dilution in Pantaloon Retail, RJ’s holdings in Non-DVR Pantaloon might have come down to below 1% and hence it is not disclosed in the Shareholding pattern.
My observations: He increased his holdings in Lupin for the second consecutive quarter while he sold some Titan Industries in the last two quarters. My estimate is that he bought stocks worth Rs 35crs during the June quarter.
Disclosure: I hold Lupin and Punj Lloyd.