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02 per cent stake in the company

January 27, 2014AdminUncategorizedNo comments

How Rakesh Jhunjhunwala beat the market meltdown

As on March 28, 2018, the combined net worth of Rakesh Jhunjhunwala and his family Canada Goose Coats On Sale stood at Rs 130.21 billion, down 0.8 per cent or Rs 1.09 billion, as compared to Rs 131.30 billion at the https://www.canadagoosestorevip.com end of December Canada Goose Online 31, 2017.The figures are based on the family’s holdings in companies where their total stake is more than one per cent (as publicly declared to exchanges), according to figures at the end of the October December quarter source from CapitalinePlus database.Among individual stocks, the Titan Company made Rakesh Jhunjhunwala and his family richer by Rs 6.39 billion during the last quarter.The ace investor holds a 8.02 per cent stake in the company, translating to a total value of Rs 70.61 billion, as against Rs 64.22 billion at beginning of the year.The scrip which gained 10 per cent during canadian goose jacket Q4FY18, surged to a Canada Goose Outlet record high of Rs 965 on Tuesday, April 10.Rakesh canada goose clearance sale Jhunjhunwala and his family Canada Goose Parka increased their stake buy canada goose jacket cheap in the Titan Company and uk canada goose outlet bought an additional 3.41 million, or cheap canada goose uk 0.39 per cent, between October and December 2017, the BSE data show.In the past one year, the stock has zoomed 107 per cent against 12 per cent rise in the S BSE Sensex.Going ahead, analysts expect Titan to benefit most among the organised jewellery players from the recently implemented policy initiatives like the goods and services tax.Analysts at Reliance Securities, for instance, expect Titan uk canada goose to clock 23 canada goose black friday sale per cent buy canada goose jacket and 30.4 per cent compounded annual growth (CAGR) in revenue and earnings, respectively through FY17 20E.Firstsource canada goose Solutions (up 30 per cent), TV18 Broadcast (9 per cent), Escorts (4 per cent) and CRISIL canada goose factory sale (0.4 per cent) from the Rakesh Jhunjhunwala’s portfolio, too, have outperformed the market.On the other hand, Dewan Housing Finance, Lupin, Federal Bank, Delta Corp, Rallis India, Edelweiss Financial Services and Karur Vysya Bank are among canada canada goose outlet goose uk shop notable stocks from his portfolio that have seen market value erosion between 10 per cent and 20 per cent.Meanwhile, the portfolios of other renowned investors such as Dolly Khanna, Ashish Dhawan and Ashish Kacholia have underperformed the market by falling in the range of 7 per cent to 18 per cent on account of sharp correction in canada goose coats mid and smallcap stocks during the quarter.The S BSE Midcap and S BSE Small cap indices slipped 10 per cent and 12 per cent respectively.Political uncertainty due canada goose uk black friday to state and upcoming general elections in 2019, oil prices and other global factors will keep the markets choppy over the next one year, suggests G Chokkalingam, founder and managing director of Equinomics Research.Against this backdrop, he expects the mid and canada goose store small cap segments to underperform the larger peers.Chennai based marquee investor Dolly Khanna has seen her total net worth decline 11 per cent from Rs 8.97 billion to Rs 8.01 billion at the end of March quarter.Except NOCIL and Rain Industries, some of the other stocks such as Manappuram Finance, Gujarat Narmada Valley Fertilisers Chemicals, Nilkamal and Thirumalai Chemicals have canada goose clearance seen a market price erosion of up to 26 per cent during the quarter.Yusuffali Musaliam Veettil Abdul Kader’s net worth slipped 20 per cent to Rs 8.75 billion Canada Goose sale from Rs canada goose coats on sale 10.92 billion. He cheap Canada Goose holds two banking stocks Federal Bank and Canada Goose Jackets South Indian Bank, data show.

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