Rakesh Jhunjhunwala’s ‘Lucky 7’ rose up to 500% in last 3 years; do you own any?


The big bull Rakesh Jhunjhunwala churned a lot of stocks in his portfolio for the quarter ended December but in most cases, he has booked profits and pared his stake, according to shareholding data for the quarter ended December 2017.

The big bull has over 20 stocks in his portfolio in which he holds more than 1 percent stake at the end of December quarter. Out of 23 stocks in his portfolio, he has been holding seven stocks consistently for the past 12 quarters or three years which has already given a return of up to 500 percent in the same period.

Top seven stocks which the big bull is holding for the last three years include names like Agro Tech Foods, Autoline Industries, Edelweiss Financial Services, Escorts, Karur Vysya Bank, Titan Company Ltd, and TV18 Broadcast Ltd.

Out of 7 companies, the big bull pared stake in 4 companies for the quarter ended December 2017, increased in 2 and maintained his stake in one when compared to previous quarter.

Escorts has been a clear outperformer for the big bull which rose 575 percent in the last 12 quarters, followed by Edelweiss Financial Services which gained 300 percent and Titan Company rose nearly 100 percent in the same period.

The farm equipment and engineering major Escorts reported stellar numbers for the quarter ended December. The net profit rose four-fold to Rs 92 crore for the third quarter ended December 31. The company had reported a net profit of Rs 22.7 crore in the year-ago period.

Most of the brokerage firms have also maintained their buy rating. The global brokerage firm, Credit Suisse has an outperform rating on Escorts but raised its target price to Rs1040 from Rs900 earlier.

Escorts reported another strong quarter and we stay bullish on the earnings growth story for the company. It is growing faster on the market share gains in the tractor, said the report. Escorts is also Credit Suisse top midcap pick.


December Quarter:

The big bull which is often referred to India’s Warren Buffett is India’s 54th richest India according to Forbes list. The net worth of Rakesh Jhunjhunwala is $3.1 billion.

Jhunjhunwala added Anant Raj Industries to his portfolio for the quarter ended December with a stake of 3.22 percent while exited DB Realty in which he held 2.06 percent, according to the shareholding data for the quarter ended December 2017.

Out of 23 stocks on which the data has come out, the big bull pared stake in 7 companies such as Agro Tech Foods, Autoline Industries, Crisil, Delta Corp, Escorts, Geojit Financial Services, and the Federal Bank.

He raised stake in six companies which include names like Edelweiss Financial Services, Karur Vysya Bank, Titan Company, Lupin, Firstsource Solutions, and Federal Bank.

And for the rest of the 10 companies, Jhunjhunwala kept his stake constant. Top 10 stocks in which he retained his stake include names like BEML, Dewan Housing Finance, IOC Exchange, Man Infra, MCX, Orient Cements, Prakash Industries, The Mandhana Retail, TV18 Broadcast, and Viceroy Hotels.

Portfolio took a hit of over Rs600 cr in 1 week:

The market mayhem pulled the S&P BSE Sensex lower by nearly 2000 points but stocks which suffered the most belong to the small and the midcap space.

Rakesh Jhunjhunwala portfolio saw an erosion of over Rs600 crore in a matter of just seven trading sessions. Although, this is a notional loss but investors can use dips to buy into stocks which the big bull holds in his portfolio.