Indian ace investor Rekha Jhunjhunwala has increased her holding in portfolio stock Geojit Financial Services by holding more shares of the financial services provider during the third quarter of the current financial year (Q3 FY23) ending December 2022.
As per the recent shareholding pattern on BSE, Rekha Rakesh Jhunjhunwala holds 8.38% stake or 2,00,37,500 equity shares during the October-December 2022 period, which is higher than the 7.54% stake or 1,80,37,500 shares held by her late husband Jhunjhunwala Rakesh Radheshyam in the September 2022 quarter (Q2 ) was as ), according to exchange data.
Geojit Financial Services is an investment services company, providing a wide range of products and services such as distribution of Mutual Funds & Insurance, Equity & Derivatives, Commodity, PMS and Financial Planning. CJ George, a financial services industry entrepreneur, is the founder and managing director of the company. The financial stock is down more than 39% in the one-year period.
On the other hand, Rekha Jhunjhunwala also increased her holding in another portfolio stock Canara Bank as her holding increased to 2.07% during the third quarter.
Stock investor Rakesh Jhunjhunwala, popularly known as ‘Big Bull’ and ‘Warren Buffett of India’, passed away on August 14, 2022 due to a heart attack at the age of 62. went on to manage Rare Enterprises, a stock trading firm.
His privately owned stock trading firm Rare Enterprises takes its name from the first two initials of his and his wife Rekha, whom he married in 1987 and who is also a stock market investor. Rekha Jhunjhunwala holds 20 publicly traded stocks with a high net worth 12,015.5 crore, according to Trendline data.
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