We have always been fascinated by late ace investor Rakesh Jhunjhunwala’s portfolio because of his meticulous cherry-picking in the stock market world. Nonetheless, as his legacy remains- it is noticed that now surpassing Titan- there has emerged a stock in the investor’s portfolio that has topped in holding value terms.
The stock we are talking about has recently made a stock market debut and is from the healthcare space. And as we write, the stock trades higher by Rs 1,520.95, up Rs 31.6 or 2.1 per cent.
Which is this new Titan in Jhunjhunwala’s portfolio?
Here we are talking about Inventurus Knowledge Solutions as it briefly surpassed Titan’s holding value as the stock scaled levels of as high as Rs 1,825 per share during the month. However, while Titan depicted a steady performance during the last month, Inventurus Knowledge on the other hand shed nearly 15 per cent.
Typically, while the holding value of the investor in Inventurus Knowledge now stands at Rs 12,785 crore that in Titan is valued at Rs 13,931 crore, Trendlyne data shows.
As of the December quarter, Rakesh Jhunjhunwala’s holding in the stock is at 49.3 per cent or 84,668,326 outstanding equity shares, while that in Titan is at 5.1 per cent or 45,713,470 equity shares.
Inventurus Knowledge Services stock versus Titan share price comparison since Inventurus listing
Since its listing on December 19, 2024, Inventurus stock against IPO issue price of Rs 1,329 per share has gained 12 per cent, while Titan since then has lost over 11 per cent in share price.
