ace investor Rakesh Jhunjhunwala Has run out of smallcap real estate Shareholding Information as on December 31, 2021, as updated by Stock Tark Ltd., the Company.
As of the September quarter, Rakesh Jhunjhunwala held 46,95,000 shares or 1.59% stake in the company. However, his name was missing in the December quarter shareholding pattern reported to the exchanges.
Rakesh Jhunjhunwala has been gradually reducing his stake in Tarak over the past few quarters. Jhunjhunwala’s stake in the company stood at 3.39% for the quarter ended December 2020. However, in the September 2021 quarter, the stake was reduced to 1.59%.
As on 31st December, another renowned investor and stock market trader Ashish Kacholia holds 1.50% stake in Tark or around 44,25,000 shares in the company.
Tark Ltd. is one of the largest real estate developers in India, primarily operating in Delhi-NCR and celebrated as the best builder in Noida and neighboring areas. Its market capitalization is higher than 1,500 crores.
Shares of Tarak rose 4.18% in Friday’s afternoon deals 51.05 on NSE. In the last one year, the stock has gained a whopping 110.08%. The stock has gained 14.41 per cent in the last one month and nearly 33 per cent in the last six months.
Rakesh Jhunjhunwala, fondly known as the Warren Buffet or Big Bull of India, has recently received approval from the central government for his new airline venture Akasa Air.
Jhunjhunwala has invested in both his and his wife Rekha Jhunjhunwala’s name. He is a qualified Chartered Accountant and manages the asset firm Rare Enterprises.
The net worth of Rakesh Jhunjhunwala and family is 22,300 crores as of September according to Hurun’s rich list. His wealth has increased by a whopping 52% in the last one year.
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