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Tata powers Rekha Jhunjhunwala's portfolio in 2024
Business Standard
|March 27, 2024
A run-up of up to 27 per cent in Tata Group stocks has helped Rekha Jhunjhunwala outperform the market and the portfolio returns of other marquee investors such as Mukul Mahavir Agarwal, Ashish Dhawan, Ashish Kacholia, Vijay Kedia, and Anil Kumar Goel and Seema Goel.
In the calendar year 2024 (CY24), Rekha Jhunjhunwala's net worth has increased by more than 7 per cent, or ₹2,865 crore, compared to less than 1 per cent rise in the S&P BSE Sensex. On March 22, the combined net worth of Rekha Jhunjhunwala stood at ₹41,676 crore, up 7.4 per cent and compared to ₹38,811 crore at the end of December 31, 2023.
Chennai-based Dolly Khanna and Agarwal are other marquee investors that saw their portfolio rise (up 6.5 per cent) and (1.7 per cent), respectively, in CY24.
On the other hand, the portfolios of Kedia, Ashish Dhawan, and Anil Kumar Goel and Seema Goel have underperformed the market by falling 2 per cent to 13 per cent on account of sharp correction in smallcap stocks. Ashish Kacholia's portfolio gained 0.1 per cent.
Rekha Jhunjhunwala inherited the stock portfolio from her late husband, Rakesh Jhunjhunwala, who was popularly called India's Warren Buffett.
यह कहानी Business Standard के March 27, 2024 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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