Rakesh Jhunjhunwala’s assets increased by nearly ₹5,190 crore in July

According to Trendline data, Jhunjhunwala’s portfolio Property increases by 20%, or 5,188.55 crore in July.

He has assets till the end of July 30,614.43 crores.

Jhunjhunwala’s assets remained so since April-June 2022 quarter 25,425.88 crores. During the quarter, his wealth declined 24% from his record net worth 33,753.92 crore was seen in the January to March 2022 quarter.

Trendly’s data shows that star health It was the top performing stock of the month. Shares of Star Health surged over 50% in a month, followed by Anant Raj up nearly 39%, Karur Vysya Bank up nearly 31%. Autoline Industries jumped nearly 24% and Titan Company 21.5%.

Star Health and Titan are the most valuable stocks in Jhunjhunwala’s portfolio. his wealth currently stands Titan and . 10,549.2 crore in 7,528.3 crore in Star Health. Jhunjhunwala price is around 2,504.9 crore in Metro Brands, 1,629.8 crore in Tata Motors, and 1,250.9 crore in CRISIL. These are the top five most valuable stocks in his portfolio.

Other stocks include Fortis Healthcare, Federal Bank, Canara Bank, Indian Hotels, NCC, Rallis India, Jubilant Ingravia, Jubilant Farmova, Nazar Technologies, Tata Communications, Escorts Kubota, Aptech, Karur Vysya Bank, Agro Tech Foods, Geojit Financial Services, Edelweiss Huh. Financial Services, Anant Raj, Wockhardt, Indiabulls Housing Finance, Man Infra, DB Realty, Orient Cement, Autoline Industries, Bilcare and Prozone Into Properties.

Analysts are expecting some of Jhunjhunwala’s top stocks.

Titan Company:

Earlier this month, Centrum analysts Shirish Pardeshi said, “Titan’s Q1FY23 business update shows that the company posted a (a) low base, (b) wedding season, (c) a normal quarter of 205% in India driven by Has seen reporting revenue growth. Stable gold prices, and (d) network expansion. Interestingly, jewelry sales grew by 207%, with a 3-year CAGR increased to 23% in Q1 (from 15% in Q4FY22) above). Management said, the studded share was back to pre-covid levels and improved YoY. Titan added 120 stores across divisions/formats in Q1, taking the store tally in India to 2160 stores. Caratlane (72.3%) registered highest ever revenue growth of 207%. We believe Omicron wave pushed postponed weddings in Q4 Festive demand as well as stalled demand attracted stronger ones. We at Titan We remain positive on growth prospects and maintain buy with DCF-based TP at Rs 2,817 (69.5x FY24E EPS).

Tata Motors:

ICICI Direct analysts Shashank Kanodia and Raghavendra Goyal said. “The share price of TML has been flat over the past 5 years ( 445 levels in July 2017), weakening the broader Nifty Auto index,” adding, “We intend to have a positive demand outlook, positive FCF target for FY23E, strong order book and net debt free (automotive) by FY24E”. Further, he added, “We now value TML 530 on SOTP basis (10x, 3x FY24E EV/EBITDA on India, JLR; 158 value to the Indian EV business; previous tp 500).”

Karur Vysya Bank:

“KVB’s Q1 FY23 profitability improved, with its ROA coming in at 1.09% (up 27bps y/y) with high margins and moderate provisions (down 1%),” said analysts Yuvraj Chowdhary and Sagar Rungta at Anand Rathi. The major positives were 1) sharp decline in slippage, 2) accelerated credit growth (multi-year high), 3) better margins, and 4) stronger liquidity and capitalisation. Credit growth was in the mid-teens and credit costs Earnings will improve, with the expectation of reducing to Rs.

Canara Bank:

JM Financial analysts Sameer Bhise, Akshay Jain and Anuj Narula said, “We expect CBK earnings to improve a) credit cost normalization (1.3% by FY24E), b) margin improvement and c) sustained growth. Will be driven by momentum. We build a gradual correction of ROA to 0.66%/0.72% till FY23E/24E. Maintain BUY with TP of 265 (core bank valuation at 0.7x FY24E adj. BVPS).”

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