Dalal Street king Rakesh Jhunjhunwala had a very busy March, 2019 quarter (Q4FY19). He made quite a few big moves even as he reduced his holding in some favorite stocks. However, it was surprising that, Jhunjhunwala actually increased his holding in India's largest luggage maker, VIP Industries.
The ace investor who has held VIP shares since 2015 had not made no buying or selling moves since June, 2016. Hence, this would be first time in less than three years, where Jhunjhunwala has increased his holding in VIP indicating his faith in the stock.
This comes in the wake of VIP shares having corrected since the start of 2019 year. The stock which was trading at Rs 515 level on January 01, 2019, has clocked a low under the Rs 400-mark in February and is now trading at over Rs 470-level.
Disclaimer - make your own research before buying or selling any stock or ask to your Financial advisor this above post is just for information only.
rajsir what u think can we buy this ur view
ReplyDeleteMake your own research this post is just for information only
Deleteदोस्तो। राकेशजी लोंग टर्म इन्वेस्टर है। मुजे याद हैं। राकेशजी ने JPA 15₹ के आसपास खरीदा था(बड़ी मात्रा में) और एवरेज भी किया था 13.50(बड़ी मात्रा में) पर अभीतक 10महीने के आसपास समय निकल गया है और JPA 5.50 पर है। और f/O out भी हो चुका है।
ReplyDeleteराज सर बिलकुल सही बता रहे है।
Make your own research this post is just for information only
Dhaval111011@moneyControl
Yes in jp you are right but there are many stocks of Rakesh sir that made multibagger like Titan etc
DeleteBut always make your own research before buying any stock or ask to your financial advisor
Hello Raj
ReplyDeleteBought Wipro @ 287.5 April series. Please share your view on SL & Target for April expiry.
SL CAN BE 277 TARGET 300+ POSSIBLE
DeleteThanks
DeleteSir today heavy selling in all indice.
ReplyDeleteCan we see more down side in nifty.
And still we r holding polycab ir not??
11450-11500 is major support
DeleteYes we are holding polycab