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Rakesh Jhunjhunwala rejigs portfolio in Q2; ups stake in Lupin, Tata Motors

The shareholding pattern disclosed by the Tata group automaker showed Rakesh Jhunjhunwala holding 40 million shares

Rakesh Jhunjhunwala
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Most analysts expect the auto sector to bounce back sharply from the lows seen in Q1FY21

Deepak KorgaonkarPuneet Wadhwa Mumbai | New Delhi
Stocks of pharmaceutical and fast moving consumer goods (FMCG) companies found favour with ace investor Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala in the July – September 2020 quarter of the current fiscal (Q2FY21). The duo bought additional shares in pharmaceutical companies Lupin and Jubilant Life Sciences, along with Agro Tech Foods and NCC during Q2FY21, as per shareholding pattern filed by 28 companies till October 21, 2020.

In Tata Motors, Rakesh Jhunjhunwala has picked up a 1.29 per cent stake. The shareholding pattern disclosed by the Tata group automaker showed Jhunjhunwala holding 40 million shares. However, it couldn’t be