Rskesh Jhunjhunwala picked around 10,00,000 extra shares or a 0.2 per cent stake in the company as compared to December 2021 quarter.
Billionaire investor Rakes Jhunjhunwala has picked additional shares in Indiabulls Housing Finance Limited company during March 2022, as per the shareholding pattern of the company on the BSE.
According to the March shareholding pattern, the ace investor has 60,00,000 equity shares, aggregating to 1.28 per cent stakes in the company. Jhunjhunwala picked around 10,00,000 extra shares or a 0.2 per cent stake in the company as compared to December 2021 quarter.
In the December quarter, the renowned investor had 50,00,000 equity shares, which translates into 1.08 per cent stakes in the company, as per the shareholding pattern on the BSE.
The ace investor had Indiabulls Housing Finance in his portfolio during June 2021 quarter and picked a 2.2 per cent stake then. He reduced it to half in September 2021 quarter to 1.08 per cent and stayed put during the December 2021 quarter.
Rakesh Jhunjhunwala, who is also known as the Big Bull of the Indian stock market, along with his wife and Associates publicly holds 34 stocks with a net worth of over Rs 32,056.6 crore, as per the stock analysis website trendlyne.com.
The stock year-to-date has corrected 28 per cent, while it has gained over 2 per cent in the last month. On Friday, it closed almost 2 per cent lower to Rs 159.05 per share on the BSE. So far in April, the stock has slumped over 4 per cent on the BSE.
Besides Indiabulls Housing Finance, the ace investor has added extra stakes in Canara Bank by around 0.4 per cent, while his wife has picked up an additional 0.5 per cent stake in Jubilant Pharmova during the March quarter.
Rakesh Jhunjhunwala has stayed put in Crisil, Delta Corp, Indian Hotels, and Titan Company, while he has reduced stakes in Aptech, and Escorts among others, as per the trendlyne.com.
