New Delhi: Stock markets around the globe have plummeted within the aftermath of the Russia-Ukraine conflict and rising oil costs. Rakesh Jhunjhunwala portfolio shares have additionally dipped amid the inventory market crash.
Several shares owed by large bull Rakesh Jhunjhunwala and his spouse Rekha Jhunjhunwala have hit their 52-week lows previously week. According to media experiences, the shares are presently buying and selling at about their 52-week lows.
Edelweiss Financial Services
Jhunjhunwala owns a 1.6 per cent stake in Edelweiss Financial Services, in line with the shareholding sample of the corporate for the quarter ending December 2021. The inventory hit its 52-week low of Rs 52.00 on Friday, March 4.
Wockhardt, one other inventory in Rakesh Jhunjhunwala’s portfolio, hit its 52-week low of Rs 325.30 not too long ago. The inventory ended at Rs 345.70 with a 1.70% bounce on Friday, March 4.
Rakesh Jhunjhunwala portfolio inventory Rallis India additionally hit its 52-week low in current instances. The inventory’s worth dipped to Rs 226.80 on February 24. On Friday, March 4, the inventory worth ended at Rs 241.25. Also Read: Sensex tanks 769 factors; Nifty slumps under 16,250
Star Health, one other inventory in Jhunjhunwala’s portfolio, hit its one-year-low on February 24 at Rs 633.10. Jhunjhunwala and his spouse Rekha Jhunjhunwala collectively personal a 17.5 per cent stake within the well being insurer. Also Read: Want to alter the identify of your iPhone? Here’s easy methods to do it