Lupin is the other favourite stock pick of Jhunjhunwala that made him some big money. He started buying Lupin shares in 2003 when the market cap was around ₹500 crore. In June 2008, he held a 4.29% stake in Lupin valued at ₹154 crore. Jhunjhunwala reduced the stake gradually and exited the company fully in September last year when the market capitalisation was around ₹44,000 crore.
