Rekha Jhunjhunwala Reduces Stake in Indian Hotels by 1% During Q3 Portfolio Rejig
Rekha Jhunjhunwala reduced her stake in Indian Hotels by 1.02% during Q3, selling 1,45,23,200 shares amid the stock's underperformance. She now holds 1,42,87,765 shares representing a 1% stake. The move is part of her portfolio rejig, while she maintains exposure to other Tata Group stocks in her ₹45,023 crore portfolio spanning 27 companies.
*this image is generated using AI for illustrative purposes only.
Rekha Jhunjhunwala, ace investor and wife of late stock market veteran Rakesh Jhunjhunwala, has reduced her stake in Tata Group's Indian Hotels Company during the third quarter as part of her quarterly portfolio rejig. The move comes amid underperformance by the hotel stock compared to broader market indices.
Stake Reduction Details
According to BSE data and the December shareholding pattern, Jhunjhunwala's stake reduction in Indian Hotels can be summarized as follows:
| Parameter: | Details |
|---|---|
| Shares Sold: | 1,45,23,200 |
| Stake Reduced: | 1.02% |
| Current Holdings: | 1,42,87,765 shares |
| Current Stake: | 1% |
The transaction represents a strategic portfolio adjustment by the ace investor, who continues to maintain exposure to the Tata Group hospitality company despite reducing her position.
Broader Portfolio Holdings
Rekha Jhunjhunwala maintains a diversified portfolio with significant exposure to Tata Group companies. Her current holdings include several prominent Tata stocks:
- Indian Hotels
- Tata Motors CV
- Tata Motors PV
- Tata Communications
- Titan
According to Trendlyne data, Jhunjhunwala publicly holds 27 stocks with a combined net worth exceeding ₹45,023 crore. She has largely maintained her stake intact across most of her holdings, making the Indian Hotels reduction notable.
Indian Hotels Stock Performance
The stake reduction coincides with Indian Hotels' underperformance relative to benchmark indices across multiple timeframes:
| Period: | Indian Hotels | BSE Sensex | Relative Performance |
|---|---|---|---|
| 1 Year: | -17% | +6.5% | Underperformed |
| 6 Months: | -14% | -1.4% | Underperformed |
| Year-to-Date: | -13% | -4% | Underperformed |
Despite recent underperformance, Indian Hotels has delivered substantial returns over longer periods, generating 443% returns over five years and 550% returns over ten years, establishing it as a multibagger stock for long-term investors.
Market Significance
Retail investors closely monitor portfolio movements of marquee investors like Rekha Jhunjhunwala, as these transactions often serve as indicators of potential market opportunities and investment sentiment. The reduction in Indian Hotels stake, while modest at 1.02%, reflects active portfolio management amid changing market conditions and stock-specific performance dynamics.
Historical Stock Returns for Indian Hotels Company
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.64% | -6.33% | -12.75% | -14.61% | -16.43% | +443.47% |
16
