Rakesh Jhunjhunwala Portfolio Shares of Rallis India have been going through a sell-off phase for almost a year. The share price of Rakesh Jhunjhunwala Holding Company has fallen close to 36 per cent in the last one year. Year after year, the share price of Rallis India has gone down from approx. 276 to 198 on the NSE, a loss of about 30 per cent this year. In Thursday’s trading session, continued selloff in Rallis India shares dragged its price to 52-week low 194 each on NSE.
In April 2022, it Rakesh Jhunjhunwala Stock There was some upside movement but after weak Q4FY22 results, shares of Rallis India continued to decline. Post the COVID outbreak, Rallis India is facing a supply-chain challenge that is not allowing the company to report strong quarterly numbers. Reporting its fourth quarter earnings, Rallis India management reiterated that the challenge continued in the fourth quarter and the rest of the loss was due to rising inflation, further straining the company’s margins.
However, Rallis India management expects normal monsoon forecast in the coming quarters and improvement in commodity prices in domestic and global trade.
Rakesh Jhunjhunwala’s shareholding in Rallis India
according to this Rallis India Shareholding Pattern Big Bull and his wife Rekha Jhunjhunwala have stake in the company for the January to March 2022 quarter. Rakesh Jhunjhunwala holds 1,38,85,570 shares or 7.14 per cent stake in the company while his wife Rekha Jhunjhunwala holds 51,82,750 or 2.67 per cent.