Ace investor Rakesh Jhunjhunwala has raised his stake in companies like Titan Industries, Rallis India, Agro Tech and Geometric Software, while adding DB Realty to his estimated billion-dollar portfolio.
At the same time, the 52-year old 'Big Bull of Dalal Street' pruned his exposure to companies like Crisil, Praj Industries and Adinath Exim Resources during the last quarter ended September 30, 2012.
This is based on the shareholding data available with the BSE for stake in excess of one per cent in listed companies. During the quarter, Jhunjhunwala upped his exposure in Titan Industries, one of the biggest companies in his portfolio, after a long time.
The billionaire investor's holding in Titan rose by over 71,000 shares in July-September period and stood at 8.86 crore shares valued at Rs 2,471.52 crore as on September 30.
In Tata Group firm Rallis India, Jhunjhunwala's interest also went up to 1.76 crore shares at September-end from 1.74 crore at June-end. His holding is now worth Rs 240 crore in the agro-chemicals company. In Agro Tech Foods, his holding has gone up from 14.53 lakh shares in June-end to 17.28 lakh shares in September-end, a rise of 2.75 lakh shares.
In Godrej group firm Geometric, Jhunjhunwala has hiked holdings to 19.39 per cent - valued at Rs 140 crore - from 10% in June-end by virtue of transactions in the bygone quarter and in October as well.
Among the stocks where Jhunjhunwala, also known as Warren Buffett of India, lowered his stake, his holdings in financial firm Crisil fell by 1 lakh shares to 54 lakh shares and is now worth about Rs 523 crore.
In Pune-based Praj Industries, Jhunjhunwala pared his stake by 15 lakh shares to 1.5 crore shares, valued at Rs 72 crore. He also trimmed his stake in Adinath Exim Resources by around 2,500 shares to 1.66 lakh shares.
In as many as 10 companies including Aptech (where he is one of the promoter group entities), Lupin, Delta Corp, VIP Industries, Geojit BNP Paribas Financial and McNally Bharat Engineering, the chartered accountant-turned-market guru left his holdings almost unchanged.
The latest quarter shareholding data is still awaited for a host of Jhunjhunwala portfolio companies, such as Bilcare, Prime Focus, Autoline Industries, Sterling Holiday, NCC, Ion Exchange and Viceroy Hotels. Entities controlled by him held shares in these companies at the end of June 30, the BSE data shows.