Rakesh Jhunhunwala buys stake in Escorts

August 23, 2013   ·   0 Comments

 
, known for his contra bets, seems to have turned bullish on Autos as he recently bought over 6 lakh shares of Escorts at around Rs.88 on 14th August when stock got locked in 20% upper circuit. Escort delivered good set of number in the 3rd quarter of FY-14 and is trading at attractive valuation based on TTM EPS. The company’s trailing 12-month (TTM) EPS was at Rs 16.23 per share including EPS of Jun, 2013 quarter. The latest book value of the company is Rs 131.94 per share. At Rs.88 the stock’s price-to-earnings (P/E) ratio was 5.46 and price-to-book value at 0.67. 52 week high low for the stock is 95.40 – 48.40 respectively.
 
Check out his latest portfolio on what shares Rakesh Jhunjhunwala is holding:
Company

%Holding

No of Shares (in Lakhs)

Rs Crore

A2Z Maintenance and Engineering Services

18.02

133.68

14

Geometric

17.83

112.61

81

Viceroy Hotels

13.46

57.08

9

Rallis India

9.98

194.08

268

Geojit BNP Paribas Financial Services

7.88

180.00

34

Bilcare

7.37

17.35

8

Titan Industries

7.36

653.75

1,455

Praj Industries

6.99

124.04

44

VIP Industries

6.49

91.78

43

Ion Exchange (India)

6.43

8.75

8

Autoline Industries

5.95

7.31

5

Agro Tech Foods

4.63

11.29

59

Autoline Industries

4.23

5.20

3

Adinath Exim Resources Ltd

4.05

1.66

N.T*

Sterling Holiday Resorts (India)

3.67

25.05

14

Delta Corp

3.53

80.00

50

Prime Focus

3.41

63.25

19

Delta Corp

3.31

75.00

47

Kesoram Industries

3.28

15.00

8

Mcnally Bharat Engineering

3.21

9.98

4

Prime Focus

2.73

50.70

15

Prozone Capital Shopping Centres

2.46

37.50

8

Hindustan Oil Exploration Company

2.38

30.99

8

Agro Tech Foods

2.31

5.64

29

Anant Raj

2.12

62.50

27

Lupin

2.09

93.60

718

Titan Industries

2.00

177.92

396

NCC

1.95

50.00

9

SpiceJet

1.92

100.00

21

Praj Industries

1.46

25.98

9

Pipavav Defence and Offshore Engineering Company

1.36

100.00

65

TV18 Broadcast

1.23

210.33

36

Viceroy Hotels

1.18

5.00

1

Bilcare

1.14

2.68

1

 

Rajesh Singla

Rajesh is the founder & CEO of Stockssavvy, Stocks analyst,financial advisor by choice,software engineer by fate,biker,gamer,cricket lover n enthusiastic person. He believes in doing things not just to get by but to get Ahead...

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