Rakesh Jhunjhunwala’s stock portfolio suffers loss of Rs. 157 crores

Rakesh Jhunjhunwala's stock portfolio & holdings gets mauled by the Bears and he suffers a nerve wracking loss of hundreds of crores despite the diversified nature of his portfolio. In a lesson to investors, he shows why it is sometimes better to be a passive 'Buy & Hold' investor

Rakesh Jhunjhunwala‘s stock portfolio & holdings gets mauled by the Bears and he suffers a nerve wracking loss of hundreds of crores despite the diversified nature of his portfolio. In a lesson to investors, he shows why it is sometimes better to be a passive ‘Buy & Hold’ investor

Rakesh Jhunjhunwala‘s stock portfolio, which we love keeping a close watch on, has suffered a debilitating loss of about Rs. 157 crores in the three weeks of January 2011.

Rakesh Jhunjhunwala had ended 2010 on a very happy note, having earned a staggering Rs. 1,000 crores. However, the year 2011 has put the Oracle of Mumbai in a somber mood because the steep fall in the Sensex and Nifty has not spared his portfolio.

Rakesh Jhunjhunwala lost a staggering Rs. 32 crores in Titan Industries, the crown jewel in his stock portfolio. Though Titan Industries lost only 2.46% in the period, his mammoth holding worth Rs. 1271 crores ensured that Titan took first place amongst the losers. Hindustan Oil Exploration lost 14.64% in the period and shaved off Rs. 25 crores from the great investor’s wealth.

Geojit BNP must have also depressed Rakesh Jhunjhunwala after it lost Rs. 18 crores followed by Bilcare (Rs. 15.45 crores) and VIP Industries (Rs. 14.52 crores).

Bilcare‘s dismal performance at the bourses must have perplexed the master as it perplexed us though we continue to be optimistic about Bilcare. VIP is also in our watch-list though we can’t muster the courage to buy it at current valuations

Rakesh Jhunjhunwala’s Portfolio & Holdings (including Rekha Jhunjhunwala & Rare Enterprises)
Stock	Qty Av. Price	Inv. Amt. Date	Latest Price Volume	Overall Gain
Stock	Qty Av. Price	Inv. Amt. Date	Latest Price Volume	Overall Gain	Latest Value
Titan Industrie NSE 21/01	3626061 3,594.95	13,035,507,992 31-12-2010	3,506.35 210,314	-321,269,005 -2.46%	12,714,238,987
Rallis India NSE 21/01	746588 1,444.10	1,078,147,731 31-12-2010	1,369.90 8,592	-55,396,830 -5.14%	1,022,750,901
Hind Oil Explor NSE 21/01	7272416 236.40	1,719,199,142 31-12-2010	201.80 999,400	-251,625,593 -14.64%	1,467,573,549
VIP Industries NSE 21/01	1643000 668.65	1,098,591,950 31-12-2010	580.25 1.18m	-145,241,200 -13.22%	953,350,750
Geometric NSE 21/01	4900000 78.15	382,935,000 31-12-2010	81.50 633,703	16,415,000 4.29%	399,350,000
CRISIL NSE 21/01	550000 6,005.80	3,303,190,000 31-12-2010	5,922.50 7,000	-45,815,000 -1.39%	3,257,375,000
Ion Exchange BSE 21/01	650000 172.65	112,222,500 31-12-2010	160.90 20,920	-7,637,500 -6.81%	104,585,000
Punj Lloyd NSE 21/01	3790000 111.85	423,911,500 31-12-2010	99.75 1.43m	-45,859,000 -10.82%	378,052,500
SREI Infra NSE 21/01	1250000 109.35	136,687,500 31-12-2010	102.05 1.02m	-9,125,000 -6.68%	127,562,500
Alphageo NSE 21/01	125000 175.90	21,987,500 31-12-2010	152.20 1,050	-2,962,500 -13.47%	19,025,000
Stride Arcolab NSE 21/01	500000 448.60	224,300,000 31-12-2010	410.40 57,743	-19,100,000 -8.52%	205,200,000
Prime Focus BSE 21/01	882500 64.50	56,921,250 31-12-2010	57.00 48,817	-6,618,750 -11.63%	50,302,500
Zen Tech BSE 21/01	900000 164.30	147,870,000 31-12-2010	143.00 474	-19,170,000 -12.96%	128,700,000
Provogue NSE 21/01	1900000 64.15	121,885,000 31-12-2010	48.85 297,625	-29,070,000 -23.85%	92,815,000
Karur Vysya NSE 21/01	2041224 541.75	1,105,833,102 31-12-2010	512.65 63,377	-59,399,618 -5.37%	1,046,433,484
Kajaria Ceramic NSE 21/01	2502642 73.95	185,070,376 31-12-2010	73.65 234,423	-750,793 -0.41%	184,319,583
Autoline Ind NSE 21/01	1251233 206.40	258,254,491 31-12-2010	190.40 23,973	-20,019,728 -7.75%	238,234,763
Geojit BNP NSE 21/01	18000000 32.90	592,200,000 31-12-2010	27.85 96,613	-90,900,000 -15.35%	501,300,000
Geojit BNP NSE 21/01	18000000 32.90	592,200,000 31-12-2010	27.85 96,613	-90,900,000 -15.35%	501,300,000
Viceroy Hotels NSE 21/01	4750000 39.25	186,437,500 31-12-2010	36.00 73,392	-15,437,500 -8.28%	171,000,000
Agro Tech Foods NSE 21/01	2003259 375.05	751,322,288 31-12-2010	357.65 18,346	-34,856,707 -4.64%	716,465,581
Bilcare BSE 21/01	2002925 659.50	1,320,929,038 31-12-2010	582.35 16,618	-154,525,664 -11.70%	1,166,403,374
Lupin NSE 21/01	3248835 482.45	1,567,400,446 31-12-2010	459.85 389,061	-73,423,671 -4.68%	1,493,976,775
Praj Industries NSE 21/01	14460624 84.25	1,218,307,572 31-12-2010	81.85 6.17m	-34,705,498 -2.85%	1,183,602,074
Total		29,641,311,878	110,101,217	-1,517,394,557 -5.12%	28,123,917,321

Rakesh Jhunjhunwala‘s newest favourite SREI Infra also could not buck the trend and buckled 6.68%. In percentage terms, Provogue was the biggest loser with a bone-chilling loss of 24%.

The only scrip that must have brought a smile to Rakesh Jhunjhunwala‘s lips was Geometric which put up a brave fight against the Bears and managed to eke out gains of Rs. 1.64 crores. Of course, it is another matter that such gains are not even petty cash for the great investor.

Of course, whatever notional losses Rakesh Jhunjhunwala suffered were more than made up by the mind-boggling gains he made from the IPO of A2Z Maintenance. Unfortunately, the investors in A2Z Maintenance‘s IPO (which includes yours truly) had nothing to smile about after the share price sank 25% from its IPO price of Rs. 400 to land at Rs. 300. Investors, who dreamt of a multi-bagger in A2Z Maintenance, will now be quite content to get their investment back!