Rakesh Jhunjhunwala sold 5 lakh shares of Indiabulls Housing Finance

According to the latest shareholding pattern of Indiabulls Housing Finance as of 30th June 2022, Rakesh Jhunjhunwala’s holding is down to 55,00,000 equity shares, aggregating 1.17 per cent.

He earlier held 60,00,000 equity shares comprising 1.28 per cent.

Indiabulls Housing Finance is out of favour in Dalal Street and has severely underperformed the market. It is down nearly 65 per cent as against around the 6 per cent rise in the Nifty. The stock has swung from a 52-week high of Rs 298 to a 52-week low of Rs 89.

Rakesh Jhunjhunwala’s portfolio as of 30th June 2022 is worth about Rs 29,000 crore. There are 32 stocks in the portfolio, from diversified sectors.

Rakesh Jhunjhunwala also reduced his holding in Tata Motors, DB Realty, and NCC Limited. He bought shares of Escorts Kubota Limited.

YAARON

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