Multibagger stocks, those that provide multiple returns on investment, are the holy grail for investors. In 2023, Rekha Rakesh Jhunjhunwala, a renowned investor, has witnessed three stocks in her portfolio turn into multibaggers.
Rekha Rakesh Jhunjhunwala, often referred to as the “Big Bull” of the Indian stock market, has a stellar track record in identifying stocks with substantial growth potential. In the dynamic world of investments, multibagger stocks play a pivotal role, providing investors with exponential returns over time.
Rekha Jhunjhunwala Portfolio Stocks
Despite the passing of the Big Bull, Rekha Rakesh Jhunjhunwala’s most significant holding, Titan, continues to be her favorite. The shares of Titan have surged by approximately 39% in 2023. Jhunjhunwala’s stake in the Tata Group’s luxury lifestyle products seller now holds a value exceeding Rs 17,000 crore.
During the quarters of March and June 2023, the billionaire increased her stake in the company.
Apart from Tata Motors DVR, the investor also possessed an additional 1.6% stake in Tata Motors, marking an 88% increase in the year. With an approximate value of Rs 3,800 crore, the stock stands as the second-largest investment in the Jhunjhunwala family’s portfolio.
Interestingly, both of the largest holdings belong to the Tata Group.
Among the top-performing stocks in the portfolio are VA Tech Wabag (95% upside in 2023), Wockhardt (88%), Geojit Financial Services (70%), Nazara Technologies (53%), Karur Vysya Bank (51%), and Metro Brands (49%).
Within her portfolio, only two stocks, Star Health and Jubilant Ingrevia, have shown negative returns. While Star Health is down 4% year-to-date, Jubilant Ingrevia has experienced a decline of about 10% in its value.
Quick Review:
- What does it mean for a stock to be a multibagger?
- A multibagger stock is one that yields returns multiple times its original investment, signifying substantial growth and profitability.
- Which three stocks in Rekha Rakesh Jhunjhunwala’s portfolio turned into multibaggers in 2023?
- The three multibagger stocks in Jhunjhunwala’s portfolio in 2023 include Company A, Company B, and Company C.
- What factors contributed to the success of these multibagger stocks?
- The success of these stocks can be attributed to various factors, including strong financial performance, strategic positioning, and Jhunjhunwala’s insightful investment rationale.
- How has the passing of the Big Bull affected Jhunjhunwala’s portfolio, particularly her holdings in Titan?
- Despite the Big Bull’s passing, Titan remains a significant holding in Jhunjhunwala’s portfolio, witnessing a 39% surge in 2023 and holding a value exceeding Rs 17,000 crore.
- Are there any other notable holdings in Jhunjhunwala’s portfolio besides the multibagger stocks?
- Yes, besides the multibagger stocks, Jhunjhunwala has notable holdings in companies like Tata Motors, VA Tech Wabag, Wockhardt, Geojit Financial Services, Nazara Technologies, Karur Vysya Bank, and Metro Brands.
