Rakesh Jhunjhunwala stocks: This IT training services shares in Big Bull's portfolio up 120% in one year
Rakesh Jhunjhunwala-backed Aptech Limited shares were trading near 52-week high at Rs 296.4 per after soaring for 6.5 per cent on the BSE intraday trade on the last trading session this week.
The information and technology training services company on August 2, 2021, had touched a 52-week high of Rs 296.9 per share on the BSE. It has given over 120 per cent returns to ace investor Rakesh Jhunjhunwala in a year.
See Zee Business Live TV Streaming Below:
Rakesh Jhunjhunwala, who is also termed as the Big Bull of the Indian stock market, along with his wife Rekha holds a 23.7 per cent stake in the company as minority promoters, which aggregates to 9,668,840 shares. The investor couple has been marginally slashing their holding Since June 2019.
According to the shareholding pattern of the company available on BSE, Rakesh Jhunjhunwala holds 50,94,100 shares, which comprises a 12.51 per cent stake, while his wife Rekha Jhunjhunwala has 11.23 per cent holding of the company, which aggregates to 45,74,740 shares.
At around 11:50 am, the stock has been trading near 4 per cent to Rs 289.3 per share on the BSE, as compared to a 0.19 per cent rise in the S&P BSE Sensex on Friday.
In Q1FY22, the company’s losses narrowed to Rs 79 lakhs in the June-end quarter of the financial year 2021-22, as compared to a loss of 3.07 crore in the same period a year ago. Similarly, the revenue grew marginally by 3 per cent to Rs 11.76 crore in Q1 of FY22 versus Rs 11.42 crore in Q1FY21.
Rakesh Jhunjhunwala along with his wife and associates publicly holds 38 stocks from finance to tech and retail to pharma sectors. The celebrity investor also manages the asset firm Rare Enterprises.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.