At least three of his bets (excluding Tata Communications) delivered over 300 per cent returns and two others surged over 200 per cent.
This compares with a 47 per cent rise in the BSE Sensex during the same period.
Among his portfolio stocks, Prakash Pipes rallied 320 per cent in last one year. The Big Bull has been holding 1.53 per cent stake in this company at least since the June quarter of 2019.
NCC, where Jhunjhunwala and his better half Rekha Jhunjhunwala hold nearly 13 per cent, soared 320 per cent. The ace investor, often referred to as India’s own Warren Buffett, has been holding this stock at least since the December quarter of 2015.
His realty bet DB Realty delivered 300 per cent return. This is also among Jhunjhunwala’s long-term bets.
In an interview with ET NOW last month, Jhunjhunwala said the ongoing bull market has only covered the distance from Church Gate to Charni Road (Mumbai, 2.1 km distance) for him, and there was a long way to go all the way to Borivali (38 km).
“I am extremely positive on the market. My perception for India differs from most Indians. I reserve the right to be wrong. But that is what my feelings are,” he told the channel.
Jhunjhunwala saw his bet on Firstsource Solution rally 240 per cent in one year. The ace investor cut his stake in this firm to 1.29 per cent in December quarter 2020 from 2.88 per cent in September quarter.
Bilcare, another of his bets, jumped 213 per cent.
March 22 marks one year since Prime Minister Narendra Modi called the first Janta Curfew as a precursor to the months-long lockdown that India saw in her bid to contain the spread of the Covid virus. The restrictions came into force on March 24, forcing factories and businesses to shut down and people to stay indoors. That gave rise to the work-from-home culture, and also helped spread the equity culture among a new generation of Indians.
Jhunjhunwala told ETNOW that he did not like the work-from-home concept, as he wanted to separate personal life and work.
But as far as his portfolio goes, data showed the year panned out quite, with only seven of his stocks underperforming the market during this period.
Prakash Industries (up 188 per cent), Autoline Industries (178 per cent), Geojit Financial Services (up 167 per cent) and Anant Raj (153 per cent) are among his other portfolio holdings that rallying over 150 per cent each, publicly available data from Trendlyne showed.
Among others, Aptech (up 146 per cent), Mandhana Retail (142 per cent), Delta Corp (125 per cent), Wockhardt (122 per cent), Man Infra (120 per cent) and Escorts (110 per cent) all doubled in value.
VIP Industries, Rallis India and Federal Bank were among the Jhunjhunwala stocks that underperformed.
