Rakesh Jhunjhunwala picked Tata Motors for his portfolio during Covid Pandemic II Reasons Highlighted
Rakesh Jhunjhunwala holds 1.29% stake or 4 cr shares in Tata Motors. The Big Bull is known for buying quality stocks in his portfolio. Tata Motors was a new addition in Rakesh Jhunjhunwala’s portfolio during Covid period. Titan is the other Tata group stock that Jhunjhunwala holds in his portfolio. The stock has multiplied over 5x in lass than a year. The Big Bull Rakesh Jhunjhunwala has surely got this bet right.
Rakesh Jhunjhunwala has seen some good news emanating from Tata Motors. In Q3 FY21, its operational performance beat consensus estimates with consolidated EBITDA margins at 14.8% (up 444 bps YoY): Reuters