Jhunjhunwala tops up Lupin, McNally stake; cuts on Titan, A2Z

The billionaire investor kept his stakes unchanged in companies such as Crisil, Rallis, Viceroy, Aptech and Autoline Industries

Ace investor Rakesh Jhunjhunwala has hiked his exposure in companies like Lupin, McNally and Anant Raj, while on the other hand pared stakes in Titan, Geometric and A2Z Maintenance in January-March quarter.

At the same time, the billionaire investor kept his stakes unchanged in companies such as Crisil, Rallis, Viceroy, Aptech (where he is one of the promoter group entities), and Autoline Industries.

Jhunjhunwala, who mostly invests through his firm Rare Enterprises, is one of the most famous investors in the country and his moves are closely watched in the markets here.

In the March quarter, Jhunjhunwala brought down his stake in Titan to 6.77% from 8.05% in December quarter. Similarly, in Geometric his stake slipped to 17.86% from 17.92% in the previous quarter, according to BSE shareholding data.

Jhunjhunwala, also referred to as the 'Big Bull of Dalal Street' trimmed his holding in A2Z Maintenance & Engineering to 18.03% from 19.92%, while in Delta Corp the stake went down to 3.53% from 3.55%.

His shareholding in Sterling Holiday Resorts slipped from 3.75% to 3.70%.

In contrast, he upped his exposure in Lupin to 2.10% from 1.94%, while in McNally the holding rose to 1.61% from 1.29%.

Jhunjhunwala's stake in Anant Raj surged to 2.12% from 1.36%.

Besides, the companies where his holding remained unchanged include NCC, Praj Industries, Geojit BNP Paribas Financial Services and VIP Industries.

The latest quarter shareholding data are still awaited for companies like Ion Exchange, Adinath Exim Resources and Prime Focus Ltd where Jhunjhunwala held shares in December quarter.

In the fourth quarter ended March 31, 2013, the BSE benchmark Sensex has lost nearly 4%.