Rakesh Jhunjhunwala    
14 Mar 2018
Rakesh Jhunjhunwala's portfolio exposure to banks is low, cuts stake in Autoline after gains

Investment gurus tend to say that smart investing is not just knowing when to buy, but when to sell. In that sense, a look at superstar investor Rakesh Jhunjhunwala's sell calls is enlightening. In the most recent filing disclosures, Jhunjhunwala cut his stakes in a range of stocks. The largest reduction of over 2.58% stake came in auto parts firm Autoline Industries, and just in time from what it looks like, with Autoline seeing a declining Trendlyne since December.

Jhunjhunwala also reduced his stake in banking stocks, cutting it by 0.94% in Karur Vysya Bank and by 0.05% in Federal Bank. His total portfolio exposure to banking is around Rs. 580 crore, a small proportion of his Rs. 13,000+ crore investments overall. Jhnujhunwala also reduced his stake in Escorts, casino firm Delta Corp and in Geojit Financial Services. For his full portfolio, click here

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