BigBull Rakesh Jhunjhunwala increased holding in Fortis Healthcare, TV18 Broadcast, Jubilant Pharmova, MCX and AT Foods in the March 2021.

 The Indian investment tycoon Rakesh Jhunjhunwala increased his stake in 5 companies and made new investments in two companies in the March 2021 quarter ending.

(Rakesh Radheshyaam Jhunjhunwala, the BigBull of India) 

Retail investors follow Rakesh Jhunjhunwala to make their investment decisions in India. BigBull is considered a master of multibagger stocks. Rakesh Jhunjhunwala invests in Indian companies in the name of Jhunjhunwala Rakesh Radheshyam,  Rekha Jhunjhunwala, she is wife of BigBull. Rare Enterprise is the investment company of Rakesh Jhunjhunwala. 

So far in 2021, 3 out of 5 companies in which Rakesh Jhunjhunwala has increased its stake have seen a decline of up to 15 per cent in the same period. 

Available shareholding data shows that BigBull Rakesh Jhunjhunwala has increased its holding in Fortis Healthcare, TV-18 Broadcast, Jubilant Farmova, Agrotech Foods and MCX.

Confidence of BigBull Rakesh Jhunjhunwala indicate the better performance of companies. 

Fortis healthcare

Fortis Healthcare is a major player in the health care sector of India.The company has pan Indian network of over 36 health care facilities with more than 4000 operational beds and more than four thousands diagnostic centers across the country. Not only Rakesh Jhunjhunwala but many mutual funds have also increased their holding in Fortis healthcare share. Fund house has increased its stake in the Fortis Healthcare from 10.74 per cent to 12.25 per cent in the last quarter of 2021.Whereas foreign investors have booked profits in this stock during this period.

TV18 Broadcast

TV18 Broadcast of Network18 Group has performed very well in the fourth quarter ended March 2021, with a consolidated profit of 77.03 per cent has been seen in the company.

Jubilant Pharmova

Jubilant Pharmova has seen a decline of around 5% so far in 2021 but fundamentals are very strong. The company's TTM EPS rate is at a very high level with zero Promoters pledged share. The fundamentals are very strong. 

Prabhudas Leeladhar broking House has given a accumulate rating in this stock with a target of Rs 1088.

Recently jubilant Lifesciences has completed demerger of its pharma and life business. Jubilant Pharmova itself is the original company with current pharma business of Jubilant Lifesciences. The company's demerged life science business has now been renamed as Jubilant Ingrevia, which is listed in the market in March 2021 itself.

Agro Tech Foods

BigBull Rakesh Jhunjhunwala has also increased his stake holding in Agro Tech Foods, which deals in the production and sale of food and food ingredients. The stock price has seen a decline of around 7 per cent so far in 2021. The company has a market cap of more than Rs 2000 crore and has very low debt with zero pledged share by promoters. In the March quarter, the company also saw MF share holding increasing from 2.9 per cent to 3.06 per cent.

Multi Commodity Exchange (MCX):

BigBull Rakesh Jhunjhunwala also increased his stake in Multi Commodity Exchange (MCX) by more than 1 per cent in the March quarter. Rakesh has maintained his holdings in the company for almost last 8 consecutive quarters.

Rakesh Jhunjhunwala's portfolio also added 2 new players in the quarter ending March 2021.Which includes gaming company Nazara Technologies and Jubilant Ingrevia(the life science arm of jubilant) . Rakesh Jhunjhunwala holds around 10 per cent in the recently listed gaming company Nazara Technologies.

The return on share market depends on the time period of holding and the regular review of performance of companies and proper financial planning. BigBull Rakesh Jhunjhunwala also decrease his holding in few companies because of their performance, valuation and uncertainty in future earning. Titan and VIP Industries seen a holding triming.

BigBull Rakesh Jhunjhunwala portfolio and share holding is highly search by retail investors. 

The increase in holding in above stocks implies the future of food business and healthcare sector is bright. 

Lastly just don't copy the stock selection but increase your learning and skills to pick the share for investment.