Rakesh Jhunjhunwala Portfolio: Loss Rs. 700 crores!

We’ve been tracking Rakesh Jhunjhunwala‘s portfolio since January 2011. It’s not been a pleasant time. We earlier reported how Rakesh Jhunjhunwala‘s favourite stocks – especially those that he had publicly recommended his disciples to buy, had fallen out of favour and registered steep losses. What troubled Rakesh Jhunjhunwala was not so much the loss in his own portfolio but the fact that his disciples had suffered losses in their personal portfolios by following his public recommendations. Then we exposed the Bears for targeting Rakesh Jhunjhunwala‘s portfolio. We pointed out how the Bears had spread rumors that Rakesh Jhunjhunwala had speculated heavily in Silver futures and Nifty futures and that his heavy losses had forced him to liquidate his favourite stocks. 

Since then we were petrified to check Rakesh Jhunjhunwala‘s portfolio because we knew that things were not looking pretty at all. However, we managed to summon the courage to take a peek and out worst fears came true;

Rakesh Jhunjhunwala‘s portfolio has suffered a loss of Rs. 700 crores!

Rakesh Jhunjhunwala

The worst cut came when Rakesh Jhunjhunwala‘s most-trusted lieutenant, his man-of-crisis, his crown jewel, Titan Industries, buckled in the face of the fearsome Bear onslaught and lost a mammoth Rs. 119 crores. Titan Industries has been very vulnerable to the Bear attack on two fronts. First, the soaring prices of Gold and diamonds has meant that Titan‘s customers have postponed their purchases. Second, the steep depreciation in the value of the Rupee has meant that Titan‘s import bill has shot up. The dual whammy has lent considerable ammunition to the Bears to attack Titan Industries.

All the other stocks in Rakesh Jhunjhunwala‘s portfolio also seem to have lost their nerve after seeing Titan‘s surrender. Bilcare lost Rs. 96 crores, Hindustan Oil & Gas lost Rs. 91 crores, Lupin lost Rs. 65 crores, Geojit lost Rs. 61 crores and even Karur Vyasa Bank could not salvage the situation and lost Rs. 57 crores. The only stock that held on to its gains was CRISIL, with a gain of Rs. 165 crores.

Of course, lay investors must take note of the fact that at heart Rakesh Jhunjhunwala is cold and emotionless when it comes to money matters. In the great crisis of 2008, Rakesh Jhunjhunwala had seen a worst situation with his precious portfolio being plundered of several hundreds of crores. However, Rakesh Jhunjhunwala never lost his nerve. Like a poker player, he kept his cool, analyzing matters with a rational mind. He also bought more of his favourite stocks. And when the tide turned, Rakesh Jhunjhunwala made a staggering Rs. 1,000 crores gain! Will history repeat itself? We are sure it will!

Particulars	Investments	Todays Gain	Overall Gain	Latest Value
Stocks	39,832,151,874	-164,457,741 (-0.50%)	-6,964,150,640 (-17.48%)	32,868,001,234

Company			Live Price	Change	Quantity	Inv. Price	Day’s Gain	Day’s Gain%	Overall Gain	Overall Gain%	Latest Value
		CRISIL	901.40	-1.95	5500000	600.58	-10,725,000	-0.22%	1654510000	50.09%	4,957,700,000
		Kajaria Ceramic	100.15	-0.10	2502642	73.95	-250,264	-0.10%	65569220	35.43%	250,639,596
		Adinath Exim Re	17.10	-0.00	250000	16.00	0	0.00%	275000	6.88%	4,275,000
		Agro Tech Foods	384.95	-4.20	2003259	375.05	-8,413,688	-1.08%	19832264	2.64%	771,154,552
		Titan Ind (2)	163.25	-3.90	72521220	179.75	-282,832,758	-2.33%	-1196600130	-9.18%	11,839,089,165
		Lupin	434.55	+21.20	13639175	482.45	289,150,510	5.13%	-653316483	-9.93%	5,926,903,496
		Stride Arcolab	398.85	-15.05	500000	448.60	-7,525,000	-3.64%	-24875000	-11.09%	199,425,000
		Rallis India	124.95	-3.00	7465880	144.41	-22,397,640	-2.34%	-145286025	-13.48%	932,861,706
		Praj Industries	72.25	-1.10	14460624	84.25	-15,906,686	-1.50%	-173527488	-14.24%	1,044,780,084
		Karur Vysya (2)	366.95	-0.15	5629224	469.42	-844,384	-0.04%	-576826583	-21.83%	2,065,643,747
		VIP Industries	90.20	-3.20	8215000	133.73	-26,288,000	-3.43%	-357598950	-32.55%	740,993,000
		Prime Focus	42.20	-3.00	882500	64.50	-2,647,500	-6.64%	-19679750	-34.57%	37,241,500
		Zen Tech	103.00	-2.05	900000	164.30	-1,845,000	-1.95%	-55170000	-37.31%	92,700,000
		Geometric	47.55	-1.40	4900000	78.15	-6,860,000	-2.86%	-149940000	-39.16%	232,995,000
		Delta Corp	64.90	+2.05	7500000	106.95	15,375,000	3.26%	-315375000	-39.32%	486,750,000
		Ion Exchange	94.10	-3.65	650000	172.65	-2,372,500	-3.73%	-51057500	-45.50%	61,165,000
		Viceroy Hotels	20.75	-0.60	4750000	39.25	-2,850,000	-2.81%	-87875000	-47.13%	98,562,500
		Reliance Broadc	46.10	-3.25	1750000	88.45	-5,687,500	-6.59%	-74112500	-47.88%	80,675,000
		Geojit BNP (2)	15.85	-0.35	36000000	32.90	-12,600,000	-2.16%	-613800000	-51.82%	570,600,000
		Autoline Ind	98.35	-3.90	1251233	206.40	-4,879,809	-3.81%	-135195725	-52.35%	123,058,766
		Hind Oil Explor	111.05	-1.45	7272416	236.40	-10,545,003	-1.29%	-911597345	-53.02%	807,601,797
		Orchid Chemical	144.05	-5.45	2500000	314.65	-13,625,000	-3.65%	-426500000	-54.22%	360,125,000
		SREI Infra (2)	27.70	-0.00	2250000	60.75	0	0.00%	-74362500	-54.40%	62,325,000
		Mcnally Bh Engg	89.00	-2.60	480000	225.35	-1,248,000	-2.84%	-65448000	-60.51%	42,720,000
		Punj Lloyd	41.50	-1.15	3790000	111.85	-4,358,500	-2.70%	-266626500	-62.90%	157,285,000
		Alphageo	60.95	-3.35	125000	175.90	-418,750	-5.21%	-14368750	-65.35%	7,618,750
		A2Z Maintenance	108.55	-5.75	1400000	327.15	-8,050,000	-5.03%	-306040000	-66.82%	151,970,000
		IFCI	21.55	-0.35	7500000	66.85	-2,625,000	-1.60%	-339750000	-67.76%	161,625,000
		Provogue	19.85	-0.35	1900000	64.15	-665,000	-1.73%	-84170000	-69.06%	37,715,000
		Pantaloon (DVR)	89.00	-5.95	211000	316.90	-1,255,450	-6.27%	-48086900	-71.92%	18,779,000
		Bilcare	179.00	-5.75	2002925	659.50	-11,516,819	-3.11%	-962405463	-72.86%	358,523,575
		NCC	36.90	+0.05	5000000	151.85	250,000	0.14%	-574750000	-75.70%	184,500,000