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Rakesh Jhunjhunwala portfolio finds two ace investors buying stake in this stock

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Rakesh jhunjhunwala

Rakesh Jhunjhunwala portfolio stock Autoline Industries found two ace investors — Utpal Shah and Abhijeet Pai — buying stakes within the company during April to June 2021 quarter. However, for a surprise to the followers of massive Bull’s portfolio, Rakesh Jhunjhunwala holding in Autoline Industries during the primary quarter of FY 2021-22 decreased from 5.65 percent in March 2021 quarter to 4.62 percent in June 2021 quarter. As per the Autoline Industries shareholding pattern for June 2021 quarter available with the BSE, Utpal Shah has bought 22.50 lakh company shares, which is to the tune of 5.93 percent of internet company shares while Abhijeet Pai bought 5 lakh shares of the corporate, which is around 1.32 percent of internet company stocks.

Rakesh Jhunjhunwala holding in Autoline Industries

According to the company’s shareholding pattern for April to June 2021, Rakesh Jhunjhunwala has investments within the company through himself and his wife Rekha Jhunjhunwala. In March 2021 quarter, Rakesh Jhunjhunwala wont to hold 3.29 percent of company shares while his wife Rekha Jhunjhunwala had 2.36 company’s shareholdings. They together held 5.65 percent of internet company shares that decreased to 4.62 percent in April to June 2021 quarter (2.69 percent of Rakesh Jhunjhunwala, 1.93 percent of Rekha Jhunjhunwala).

Autoline Industries stock return

This Rakesh Jhunjhunwala company stock has delivered smart returns to its shareholders throughout the year. The stock has given a near 7 percent return to its shareholders within the last one month, while within the last six months its yield is around 42 percent. However, within the last year, this Rakesh Jhunjhunwala stock has emerged one among the multi-bagger stocks in 2021 in India because it has delivered around 150 percent return to its shareholders.

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