Latest news with #Jhunjhunwala
Economic Times
3 days ago
- Business
- Economic Times
Rekha Jhunjhunwala's portfolio: 4 of 6 new additions outpace Sensex QTD in March quarter
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Rekha Jhunjhunwala's fresh stock picks added in the March 2025 quarter have, on the whole, outpaced the broader market, with four of six additions delivering higher returns than the BSE Sensex's 6.2% quarter-to-date gain. Nazara Technologies has emerged as the biggest gainer, soaring 31%, likely driven by bullish investor sentiment around digital entertainment and gaming. Canara Bank followed with a strong 30% return, reflecting renewed optimism in PSU banking stocks amid improving credit growth and asset quality. Geojit Financial Services also impressed with a 20% return, riding on the surge in market activity and retail participation. Wockhardt, though a modest performer, edged past Sensex with a 6% Tata Motors , a key stock in her portfolio, posted a 5.6% return, slightly underperforming the benchmark, possibly due to mixed earnings performance. Escorts Kubota , however, trailed significantly, delivering a muted 1.4% return despite positive rural common feature of all the above stocks is that she held them in the September quarter and offloaded them in the December Jhunjhunwala's bets reflect a balanced exposure across financials, auto, healthcare, and emerging tech, with select stocks notably outperforming the market to the latest shareholding data compiled by Trendlyne, Jhunjhunwala publicly holds 26 stocks with a net worth of over Rs 41,570.9 changes in her portfolio stocks would reflect after the June of the other stocks held by this celebrity investor include Singer India, Tata Communications, Crisil, Federal Bank, Indian Hotels Company, Jubilant Pharmova, Karur Vysya Bank, NCC and Fortis Healthcare among others.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
Time of India
3 days ago
- Business
- Time of India
Rekha Jhunjhunwala's portfolio: 4 of 6 new additions outpace Sensex QTD in March quarter
Rekha Jhunjhunwala's fresh stock picks added in the March 2025 quarter have, on the whole, outpaced the broader market, with four of six additions delivering higher returns than the BSE Sensex's 6.2% quarter-to-date gain. Nazara Technologies has emerged as the biggest gainer, soaring 31%, likely driven by bullish investor sentiment around digital entertainment and gaming. Canara Bank followed with a strong 30% return, reflecting renewed optimism in PSU banking stocks amid improving credit growth and asset quality. Geojit Financial Services also impressed with a 20% return, riding on the surge in market activity and retail participation. Wockhardt, though a modest performer, edged past Sensex with a 6% gain. Meanwhile, Tata Motors , a key stock in her portfolio, posted a 5.6% return, slightly underperforming the benchmark, possibly due to mixed earnings performance. Escorts Kubota , however, trailed significantly, delivering a muted 1.4% return despite positive rural cues. One common feature of all the above stocks is that she held them in the September quarter and offloaded them in the December quarter. Overall, Jhunjhunwala's bets reflect a balanced exposure across financials, auto, healthcare, and emerging tech, with select stocks notably outperforming the market benchmark. According to the latest shareholding data compiled by Trendlyne, Jhunjhunwala publicly holds 26 stocks with a net worth of over Rs 41,570.9 crore. Any changes in her portfolio stocks would reflect after the June quarter. Some of the other stocks held by this celebrity investor include Singer India, Tata Communications, Crisil, Federal Bank, Indian Hotels Company, Jubilant Pharmova, Karur Vysya Bank, NCC and Fortis Healthcare among others.
Fashion Network
4 days ago
- Business
- Fashion Network
Technosport eyes store count of 50, eyes Africa market entry
Indian activewear brand Technosport is set to expand its exclusive retail presence from 10 to 50 stores by the end of the year, while also planning its entry into African markets in the future to pursue growth and reach global audiences. Along with expanding its retail presence, the business also plans to widen its product offering to create a comprehensive wardrobe solution. "We are planning to launch more products like shirts, trousers, rain jackets, caps, and socks based on the same textile technology used in our activewear," the brand's founder Sunil Jhunjhunwala told Indian Retailer Bureau. The brand focuses on performance-driven features like moisture management and UV protection. It recently launched wrinkle-free and UV-protection garments, a technology Jhunjhunwala says has yet to arrive in India through global brands. Technosport currently operates through over 8,000 retailers nationwide, with offline retail contributing around 85% of the business. The business also retails via Amazon, Flipkart, Zepto, and its own website, and exports to the Middle East. Eyeing African markets for growth, Technosport plans an entry in the coming years. Founded in 2015 by Sunil Jhunjhunwala, the brand was launched to offer high-performance activewear at accessible price points, bridging the gap between premium international labels and local players, according to Technosport's website. 'Our vision is to become the most loved brand across the country and become the pioneer in taking our innovative textile-based products to the globe,' said Jhunjhunwala.
Fashion Network
15-05-2025
- Business
- Fashion Network
RSWM Limited reports 18.9% revenue increase in FY25
RSWM Limited, one of India's largest producers of blended spun yarns, denim, knitted fabrics, value-added synthetics, and green polyester fibres, has reported an 18.9% year-on-year rise in revenue for the 2025 financial year, fuelled by demand recovery and operational ameliorations. The business' total revenue for the 2025 fiscal year reached $565 million, helped by a broader product portfolio, Apparel Resources India reported. Earnings before interest, tax, depreciation, and amortisation rose by 76.8% year-on-year to $27.3 million, with operating margins improving by 158 basis points to 4.8%. Despite reporting a net loss of $4.8 million for the year, the company showed improved operational performance over its 2024 financial year net profit of $4.1 million. For the fourth quarter, RSWM Limited's revenue totalled $147 million, marking a 7.2% increase year-on-year and a 5% rise quarter-on-quarter. EBITDA for the quarter increased by 44.8% year-on-year to $9.25 million, aided by stronger cost controls and operational efficiencies. RSWM also recorded a positive profit after tax of $187,000 for the quarter. Commenting on the performance, RSWM Limited's chairman and managing director Riju Jhunjhunwala said the 2025 financial year was a turning point for the business. Jhunjhunwala noted that the India-UK free trade agreement could unlock over $1 billion in new export opportunities for Indian textiles, while the business continues to focus on product innovation and expansion into markets across the Middle East, Africa, and Europe.
Economic Times
15-05-2025
- Business
- Economic Times
Portfolios of Jhunjhunwala, Kacholia, Kedia & top 6 investors bleed. Check stocks they bought & sold
India's prominent investors, including the Jhunjhunwala family, adjusted their portfolios cautiously in the March quarter amid market volatility. While some trimmed stakes and exited certain stocks, others strategically increased holdings in sectors like sugar, pharma, and manufacturing. Tired of too many ads? Remove Ads Here's what India's 6 most widely tracked investors bought and sold in the March quarter: Jhunjhunwala family Tired of too many ads? Remove Ads Mukul Agrawal Anil Goel Ashish Kacholia Tired of too many ads? Remove Ads Vijay Kedia Dolly Khanna India's marquee investors played a cautious hand in the March quarter, trimming sails amid market turbulence. The billionaire Jhunjhunwala family saw the value of their equity portfolio dip to Rs 57,594 crore at the end of FY25 from Rs 68,285 crore in just 3 months, even as they bought more of Titan Canara Bank , and Federal Bank Mukul Agrawal's portfolio value slid to Rs 5,633 crore; he exited six stocks but added Onesource and Jagsonpal Pharma, according to data pulled from the records of Anil Goel's value softened to Rs 1,845 crore as he sweetened bets on sugar and picked up DCM Nouvelle. Ashish Kacholia (Rs 1,743 crore) exited Awfis but loaded up on Zaggle and Aeroflex. Vijay Kedia 's portfolio shrank to Rs 1,074 crore amid trims in Tejas and Precision. Dolly Khanna was the outlier as her holdings rose to Rs 498 crore, thanks to bold buys in SOM Distilleries and Prakash Industries. This information is based on shareholding data where ownership exceeds 1% in listed Rakesh Jhunjhunwala family's March 2025 shareholding data shows stakes in 26 listed companies with over 1% holding. They increased stakes in four stocks—Titan, Canara Bank, Federal Bank, and Sundrop Brands. The most notable was Titan, their largest holding worth Rs 14,028 crore, where they bought 80,000 shares, taking the stake up to 5.15%. Canara Bank and Federal Bank saw increases of 3.75 million and 1.5 million shares, respectively. Stake in Baazar Style Retail was trimmed by 1.9 lakh shares, while the family completely exited Sun Pharma Advanced Research, selling 5.16 million Agrawal's 48-stock portfolio shows a net trimming of sails. The ace investor exited 6 stocks - Ethos, Dredging Corporation, Quick Heal Technologies, Sarda Energy & Minerals, Allcargo Logistics and CEAT Ltd - or their ownership went below 1% and therefore didn't figure in the shareholder's pared exposure in BSE by 2 lakh shares and Pearl Global by 3 lakh. Onesource Speciality Pharma and Jagsonpal Pharma were two new picks. He also added more of Zota Healthcare, and Surya values dipped across many holdings due to price correction, his conviction remained steady in pharma, infra, and specialty plays, suggesting a cautious churn rather than a portfolio Goel's March moves reflect a sugar rush, both literally and strategically. Out of 23 stocks, he added shares in 15, sold L.G. Balakrishnan completely, and trimmed stakes marginally in a few like TCPL Packaging and Nahar group stocks. His sweet tooth showed with increased buys in Triveni, Dalmia Sugar, Avadh, and Uttam Sugar, reaffirming his long-term bet on the sector. Notably, he scooped up 1.15 million shares of Sarla Performance Fibers, raising his stake by 1.38%, the biggest jump in percentage stock DCM Nouvelle was his new pick where he bought 2.33% stake in March 2024. Overall, Goel is consolidating positions in core bets while keeping the churn minimal and March update reflects a wave of adjustments, with 3 major sales, including a sharp cut in Awfis (-1.38% in stake) and smaller reductions in Ami Organics and Balu Forge. The big winner? Zaggle Prepaid Ocean Services, where Kacholia bumped up his holding by 100,000 shares. He also bought more of Aeroflex Industries and Jyoti kept his stakes in some favorites like Shaily Engineering, Safari Industries, and NIIT Learning Systems Kedia's shareholding pattern for March 2025 reveals a stable yet selective reshuffle in his portfolio. Out of 13 stocks, there were no new buys, but significant changes occurred in some holdings. He reduced his stake in Tejas Networks by 500,000 shares, dropping his holding from 1.31% to 1.02%. Similarly, Precision Camshafts saw a sharp reduction of 995,000 shares, lowering his stake from 3.15% to 2.10%. Global Vectra Helicorp was trimmed by 30,000 shares, bringing his stake down from 5.07% to 4.86%.His biggest holdings also include Atul Auto, Neuland Labs, Elecon Engineering and Sudarshan Chemical. There were no new additions and no complete Khanna stirred the pot this quarter with a cocktail of bold buys and a few exits. She held 15 stocks as of March 2025, with major buying action in SOM Distilleries (+2.2 million shares), Prakash Industries (+1.4 million), and Mangalore Chemicals (+0.5 million), beefing up her bet on manufacturing and liquor plays. Altogether, her holding went up in 9 also added smaller quantities in names like 20 Microns, Prakash Pipes, and Stove Kraft. Polyplex Corp was a new pick. Meanwhile, she exited Selan Exploration and Indian Metals & Ferro Alloys completely—perhaps signaling a loss of steam in metals and energy. A few trims in Rajshree group stocks rounded off a busy quarter.: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
