Rakesh Jhunjhunwala Portfolio: Q1 . Big Bull Books Profit in this Metal Stock

that means, Rakesh Jhunjhunwala Either he has sold his entire shares in the Company during the quarter April to June 2022, or he has sold the shares to such an extent that his holding reduces to less than 1 per cent of the total paid-up capital of the Company.

Rakesh Jhunjhunwala’s stake in NALCO

As mentioned above, Rakesh Jhunjhunwala’s name does not figure in the list of individual shareholders of the company who hold 1 percent or more of the company’s shares. However, his name was present in the company’s shareholding pattern for the January to March 2022 quarter. As per the exchange rules, it is mandatory for a listed company to share the names of individual shareholders who hold 1 per cent or more of the company’s shares. However, the rule does not make it mandatory for listed companies to inform the details of purchase and sale of shares. Therefore, it will not be possible for us to establish whether Rakesh Jhunjhunwala has sold his entire shares in the company or he has booked a partial profit in the stock, thereby taking his net stake in the company to below 1 per cent of the total payout. capital of nalco

As per the shareholding pattern of NALCO for the quarter January to March 2022, Rakesh Jhunjhunwala held 2.50 crore NALCO shares, which was 1.36 per cent of the total paid-up capital of the company.

NALCO Share Price History

In the last one year, the shares of NALCO have given zero returns to its shareholders. During this period, the share value of NALCO declined by approx. from 89 73 each level, fell close to 18 percent over the period. In YTD timing, NALCO has slipped close to 30 per cent, making zero returns even in 2022.

first article