Rakesh Jhunjhunwala earned ₹832 crore from these two stocks in a month

these two Rakesh Jhunjhunwala Portfolio Stocks Recently listed on Indian stock exchanges and after some consolidation post listing they have shown upward momentum.

Shareholding in Rakesh Jhunjhunwala Star Health and Allied Insurance Company

According to exchange communication following the listing of Star Health shares by Rakesh Jhunjhunwala, Big Bull and his wife Rekha Jhunjhunwala have a stake in the company. Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala hold 10,07,53,935 shares of the company, which is about 17.50 per cent of the total issued paid-up capital of the company.

Rakesh Jhunjhunwala holding in Metro Brands

According to the shareholding pattern of Metro Brands for the October to December 2021 quarter, Rakesh Jhunjhunwala has invested in this company through his wife Rekha Jhunjhunwala. Rekha Jhunjhunwala has invested in this stock through three trusts – Nishtha Jhunjhunwala Discretionary Trust, Aryaveer Jhunjhunwala Discretionary Trust and Aryaman Jhunjhunwala Discretionary Trust. As a trustee of Nishtha Jhunjhunwala Discretionary Trust, Rekha Jhunjhunwala holds 1,30,51,188 Metro brand shares or 4.81 per cent stake. As a trustee of Aryaveer Jhunjhunwala Discretionary Trust and Aryaman Jhunjhunwala Discretionary Trust, he holds 1,30,51,206 shares or 4.81 per cent stake respectively in both the trusts. Hence Rekha Jhunjhunwala holds 3,91,53,600 shares in Metro Brands, which is 14.43 per cent of the total paid-up capital of the footwear company.

Increase in net worth of Rakesh Jhunjhunwala

As Star Health’s share price rose 54.50 each and Rakesh Jhunjhunwala holds 10,07,53,935 Star Health shares, Rakesh Jhunjhunwala Portfolio stock has increased in last one month after net increase in Rakesh Jhunjhunwala net worth 550 crore ( 54.50 x 10,07,53,935).

Similarly, Rekha Jhunjhunwala has 3,91,53,600 shares of Metro Brands and Rakesh Jhunjhunwala has this share. 72.05 per share in last one month, this portfolio stock has increased in last one month due to net increase in assets of Rakesh Jhunjhunwala 282 crore ( 72.05 x 3,91,53,600).

Increase in net worth of Rakesh Jhunjhunwala

So, the net increase in the wealth of Rakesh Jhunjhunwala in the last one month after the increase in these two newly listed portfolio stocks is 832 crore ( 550 cr+ 282 crore).