4 Rakesh Jhunjhunwala Stocks That Have Underperformed in 2021

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4 Rakesh Jhunjhunwala Stocks That Have Underperformed in 2021

By Aditya Raghunath

Investing.com -- Generally, when an investor hears that Rakesh Jhunjhunwala has a stake in a company, they assume that the stock is going to do great. However, it is unreasonable to expect all Big-Bull stocks to do well all the time. Here are four stocks from the Rakesh Jhunjhunwala stable that haven’t done well in the New Year.

  1. Titan Company Ltd (NS: TITN ): It is well known that Jhunjhunwala is a huge fan of Titan and the stock has made crores for him. However, Titan hasn’t had a great 2021. The stock closed on December 31, 2020, at Rs 1,567.15. It closed on March 22 at Rs 1,460.30, down 6.8% in 2021.
  2. Geojit BNP Paribas Financial Services Ltd (NS: GEOJ ): This brokerage firm closed 2020 at Rs 55.5. It closed on March 22 at Rs 52, down 6.3%. This is another Jhunjhunwala stock that hasn’t been able to set alight 2021.
  3. Multi Commodity Exchange of India Ltd (NS: MCEI ): Jhunjhunwala owned a 3.92% stake in MCX (Multi Commodity Exchange of India) as of December 31, 2020. The stock closed on the last day of 2020 at Rs 1,730.7. It was down 6.8% on March 22 at Rs 1,612.45.
  4. Indian Hotels Co. Ltd (NS: IHTL ): Jhunjhunwala has a 2.1% stake in this Tata Group company. He has taken a hit of 4.3% in 2021 so far as the price of one share fell to Rs 114.9 on March 22 from Rs 120.1 on December 31, 2020.

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  • SURAJ SINGH @SURAJ SINGH
    Idfcfirst bank is good for long term
    Like 1
  • Nilesh Shah @Nilesh Shah
    Don't think about this ... BUY MMTC , NMDC , IDFC FIRST, IOC,
    Like 1
    • shubh joshi @shubh joshi
      sir can you tell me reasons for idfc first
      Like 0
    • shubh joshi @shubh joshi
      sir can you tell me reasons for idfc first
      Like 0
    • Jai Balaji @Jai Balaji
      Nilesh Shah just joking, he doesn't know abt IDFC bank
      Like 0
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  • Travelling soul Singh @Travelling soul Singh
    is Rakesh Jhunjhunwala's portfolio public?
    Like 1
    • srikanth lingisetty @srikanth lingisetty
      companies need to publish the names who r having more than 1% stake from that we can track his portfolio
      Like 0
    • srikanth lingisetty @srikanth lingisetty
      companies need to publish the names who r having more than 1% stake from that we can track his portfolio
      Like 0
    • srikanth lingisetty @srikanth lingisetty
      companies need to publish the names who r having more than 1% stake from that we can track his portfolio.
      Like 0
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      100
  • Gajendran Ag @Gajendran Ag
    writing something rubbish
    Like 0

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