 "Markets may correct in the short term. But in a bull market the correction is always sharp, swift and short-lived: Rakesh Jhunjunwala")
Ace investor Rakesh Jhunjhunwala rejigged his stake in 11 companies in March quarter and kept it unchanged in 8, as per the latest shareholding pattern filed by the companies till May 8, 2020. Jhunjhunwala increased his stake in six companies during the period under review, including Rallis India, VIP Industries, Federal Bank, Jubilant Life Sciences, GMR Infrastructure, and Orient Cement.
Of these, Jubilant Life Sciences and Rallis India have outperformed the market by surging 47 per cent and 27 per cent, respectively, since April. The remaining four, however, underperformed the S&P BSE Sensex that has gained 7.5 per cent since
