 "Rakesh Jhunjunwala")
Ace investor Rakesh Jhunjhunwala has made some changes to his stock positions in the March quarter, which includes increasing stake in the troubled Dewan Housing Finance Corporation (DHFL) and shuffling his stock positions in line with his sectoral views.
In the March quarter, Jhunjhunwala’s stake in DHFL increased by 73 basis points (bps), standing at 3.19 per cent at the end of the March quarter. The stock has been under heavy selling pressure, following allegations of corporate governance lapses and concerns on the housing finance company’s liquidity.
In a period (March quarter) when the stock has corrected close to 40
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