Data showed India’s largest individual investor held 25,00,000 shares, or 4.90 per cent stake, in commodity exchange MCX in June quarter. He was not among the key shareholders as of September 30. Companies are required to disclose shareholders with more than 1 per cent stake. Similar has been the case with Lupin, where Jhunjhunwala held 1.6 per cent stake in June quarter but his name was missing in the list of key shareholders as of September 30.
There were at least three other stocks where Jhunjhunwala pared stake in the quarter gone by.
They included The Mandhana Retail Ventures, TARC and Fortis Healthcare.
In The Mandhana Retail Ventures, Jhunjhunwala now holds 7.39 per cent stake compared with 12.74 per cent at the end of June quarter, down 535 basis points.
In TARC, he held 1.59 per cent stake as of September 30, down 180 basis points from over 3.39 per cent at the end of June quarter. In Fortis Healthcare, he cut his stake to 4.23 per cent from 4.31 per cent sequentially.
Jhunjhunwala stayed put on seven stocks such as Indian Hotels, Tata Communications, Man Infraconstruction, NCC, Orient Cement, Wockhardt and Agro Tech Foods. Meanwhile, he added Canara Bank and Nalco to his portfolio.
Jhunjhunwala’s key portfolio stocks such as Titan, Tata Motors, Crisil and Escorts are yet to report quarterly shareholding data. Latest available shareholding details show that jhunjhunwala’s portfolio is now worth Rs 24,970 crore as per publicly available data with Trendlyne.
