Rakesh Jhunjhunwala is the most successful stock investor in India. In one of our previous videos we had talked of Top 10 Stocks from Rakesh Jhunjhunwala's Stock Portfolio 2017. Today we talk about a stock where the Big Bull has sold 12.5 lakh shares as per Rare Entreprise's disclosures to the stock exchanges. This stock is an erstwhile high conviction stock pick from him and is a multibagger in its own right. Though the rationale behind the sell decision is only clear to the Big-Bull himself, we would be well advised to keep a track on all developments on this front.
Please watch the video below for the name of the company, and other details, which can help you make an informed decision about the prospects of the company.
Having watched the video please remember that an influential investor buying or selling into the stock does not necessarily mean that the prospects of the company have improved/degraded. Most of these legends take into consideration a lot of factors prior to taking any buy or sell decision. Their action purchase could be small term trades or long term investment decisions and their holding period etc. may vary for every one of their actions. It is thus imperative that the viewer must conduct his own research and consult his own financial advisor prior to acting on this information in any way.
Standard Disclaimer :: The information in this article has been compiled from freely available information on the internet. None of the stocks mentioned here should be considered as recommendations to buy and one must consult their financial advisor prior to acting on any of the information presented herewith.
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