As the stock market prospects remain hazy, many on Dalal Street are looking at what inﬂuential investors are doing. ET took at the changes in the disclosed shareholdings of some of these investors like Rakesh Jhunjhunwala, Ashish Kacholia, Anil Kumar Goel and Dolly Khanna in the quarter ended September 30. Dolly Khanna and Anil Kumar Goel did not make major changes to their holdings as per the shareholding data of companies released so far. Goel continued to favour sugar industry stocks. Rakesh Jhunjhunwala has made several changes with a notable being the increase in stake in Jubilant Life Sciences.
Jhunjhunwala, known as the Big Bull of Dalal Street, has raised his holding in Jubilant Life Sciences, TV18 Broadcast, Agro Tech Foods, NCC, Rallis India and VIP Industries by 0.3-1.55 per cent. He has reduced stake in Titan by 0.54 per cent
Dolly Khanna, whose portfolio is handled by husband Rajiv, has reduced stake in Nilkamal, Rain Industries and NOCIL in the September quarter. According to shareholding pattern of companies released so far, she has not raised stake in any company during the quarter. Khanna’s name does not appear in the list of public shareholders in Radico Khaitan, Muthoot Capital Services and IFB Agro Industries in the September quarter. This could mean that Khanna’s stake has fallen below 1 per cent in these companies and it is possible she may have sold the stake entirely, though it could not be veriﬁed independently.
Kacholia has lowered stake in MIRC Electronics and Hikal by 1.33 per cent and 0.3 per cent in the quarter. He has raised stake in Majesco by 0.55 per cent and by 0.09 per cent in KPIT Tech. Kacholia’s name has ﬁgured in public shareholders list of Apollo Pipes and MSTC.