5 Stocks where Rakesh Jhunjhunwala has increased Stake
In the recent quarter, Rakesh Jhunjhunwala has increased his stake in 5 stocks. Stock market investors might want to replicate his strategy on picking up stocks and keep following his portfolio. Some of the Rakesh Jhunjhunwala stocks have given superior returns in the medium to long term. Which are the 5 Stocks where Rakesh Jhunjhunwala has increased stake in the last Quarter? How these stocks of Rakesh Jhunjhunwala performed in the last 3 to 5 years?
Also Read: List of 10 Penny Stocks invested by Rakesh Jhunjhunwala
List of 5 Stocks where Rakesh Jhunjhunwala has increased his share holdings
Rakesh Jhunjhunwala has been successful investor and no introduction required. Here is the list of stocks where Jhunjhunwala has increased the stake.
#1 – Jubilant Pharmova Ltd – Holdings increased from 5.8% to 6.3%
#2 – Fortis Healthcare Ltd – Holdings increased from 4% to 4.3%
#3 – Multi Commodity Exchange of India – Holdings increased from 3.9% to 4.9%
#4 – Agro Tech Foods Ltd – Holdings increased from 8% to 8.2%
#5 – TV18 Broadcast Ltd – Holdings increased from 2.5% to 2.6%
5 Stocks where Rakesh Jhunjhunwala increased the shareholdings – Detailed view
#1 – Jubilant Pharmova Ltd – Holdings increased from 5.8% to 6.3%
Jubilant Pharmova is an integrated Pharmaceutical & Life Sciences company. It is India`s largest Custom Research and Manufacturing Services (CRAMS) player and a leading Drug Discovery and Development Solutions provider out of India.
Positive Factors in this stock
Its consolidated revenues increased from Rs 5,749 Crores (FY2016) to Rs 9,154 Crores (FY2020). FY2021 nos are not yet available.
Its consolidated profits increased from Rs 386 Crores (FY2016) to Rs 898 Crores (FY2020).
Its profits are on increasing mode in the last two quarters.
Its book value of the share price is improving in the last 2 years.
Company with zero promoter pledge.
Book value per share is improving in the last 2 years.
FII / FPI increasing their stake in this company.
We could see share price movement in the short term, medium term and long term.
Negative Factors in this stock
Major concern is about declining net cash flow.
Share Price Performance in the last 5 years
1 Year Return – 55%
3 Years Annualised Returns – 3%
5 Years Annualised Returns – 19%
#2 – Fortis Healthcare Ltd – Holdings increased from 4% to 4.3%
Fortis Healthcare is engaged in running a chain of hospitals. Its main business includes Healthcare and have a network of Super Specialty Hospital Hubs that concentrate on one or more specialties.
Positive Factors in this stock
Its consolidated revenues increased from Rs 4,198 Crores (FY2016) to Rs 4,632 Crores (FY2020).
Its consolidated loss was at Rs 32 Crores in FY2016, and it generated profits of Rs 79 Crores in FY2020. FY2021 nos are not yet available.
This company has low debt.
Its revenues and profits are on increasing mode in the last two quarters.
Company with zero promoter pledge.
We could see share price momentum in the short term, medium term and long term.
Negative Factors in this stock
Major concern is about declining net cash flow.
Company is linked to ongoing regulatory investigations/legal cases.
Share Price Performance in the last 5 years
1 Year Return – 95%
3 Years Annualised Returns – 16%
5 Years Annualised Returns – 7%
This is one of the midcap multibagger stocks invested by Rakesh Jhunjhunwala.
#3 – Multi Commodity Exchange of India – Holdings increased from 3.9% to 4.9%
Multi Commodity Exchange of India Limited (MCX), is India’s first listed exchange, is a state-of-the-art, commodity derivatives exchange that facilitates online trading of commodity derivatives transactions, thereby providing a platform for price discovery and risk management. The Exchange, which started operations in November 2003, operates under the regulatory framework of Securities and Exchange Board of India (SEBI).
Positive Factors in this stock
Its consolidated revenues increased from Rs 259 Crores (FY2016) to Rs 390 Crores (FY2021).
Its consolidated profits increased from Rs 126 Crores (FY2016) to Rs 225 Crores (FY2021).
Its cash flow and cash from operating activities are rising.
Company with no debt.
Negative Factors in this stock
Company costs are growing year on year for long term projects.
Declining in net profits in the recent quarter results.
Declining in the revenues in the last 2 quarters.
Company is linked to ongoing regulatory investigations/legal cases.
Share Price Performance in the last 5 years
1 Year Return – 29%
3 Years Annualised Returns – 25%
5 Years Annualised Returns – 10%
#4 – Agro Tech Foods Ltd – Holdings increased from 8% to 8.2%
Agro Tech Foods Ltd is engaged in the business of marketing food and food ingredients to consumers and institutional customers. The company is affiliated to one of the world’s largest food companies, ConAgra Foods. Company is also engaged in the production of agricultural products.
Positive Factors in this stock
Its consolidated revenues increased from Rs 804 Crores (FY2016) to Rs 892 Crores (FY2021).
Its consolidated profits increased from Rs 27 Crores (FY2016) to Rs 31 Crore (FY2021).
Its cash flow and cash from operating activities are rising.
Company with low debt.
Company with zero promoter pledge.
FII / FPIs are increasing their shareholding in this company.
We could see strong share price momentum in short term, medium term and in the long term.
Negative Factors in this stock
Company costs are growing year on year for long term projects.
Declining profits in the last 3 quarters.
Stock is trading at P/E ratio is 76 which is extremely high.
Share Price Performance in the last 5 years
1 Year Return – 93%
3 Years Annualised Returns – 14%
5 Years Annualised Returns – 15%
You may like: Which are the best stocks to invest in India as per Ben Graham Principle?
#5 – TV18 Broadcast Ltd – Holdings increased from 2.5% to 2.6%
Company business areas can be broadly classified as News Broadcasting. TV18 Broadcast Ltd owns and operates one of India`s leading 24-hour English language news and current affairs channel, CNN IBN.The company also manages the operations of IBN7, a Hindi language news and current affairs channel and they have recently launched their first regional channel, IBN Lokmat in Maharashtra.
Positive Factors in this stock
Its consolidated revenues increased from Rs 979 Crores (FY2016) to Rs 4,497 Crores (FY2021).
Its consolidated loss was at Rs 29 Crores in FY2016 and profit of Rs 686 Crore in FY2021).
Company book value per share is increasing the last couple of years.
Company with low debt.
Company with zero promoter pledge.
We could see strong share price momentum in short term, medium term and in the long term.
Negative Factors in this stock
Company is not able to generate adequate cash (net cash flow).
Its recent results show fall in profits.
Credit rating agency has downgraded company credit rating in the last 1.5 years.
There is increasing trend in non-core income.
Share Price Performance in the last 5 years
1 Year Return – 94%
3 Years Annualised Returns – Negative 7%
5 Years Annualised Returns – 1%
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