Rekha Jhunjhunwala trims stake in CRISIL in June quarter, Ashish Kacholia raises in this smallcap

Kacholia on the other hand appears to have capitalised on the buy-on-dips opportunity. While its returns in 2024, so far have been negative 21%, on an annual basis they stand at 75%.

CRISIL shares are currently trading below their 200-day simple moving average (SMA) of Rs 4,330 while above their 50-day SMA of Rs 4,246. Today, the stock was trading at Rs 4,303.10 on the BSE, down by Rs 54.45 or 1.25% over the last closing price.

Brand Concepts shares were also down by Rs 9.45 or 1.53% around 1:20 pm and were trading at Rs 606.25. This stock is trading below its 50-day and 200-day SMAs of Rs 675 and Rs 683.

Jhunjhunwala also cut her stake in one smallcap counter in the said quarter. Her holding as of this date stood at 4.98%, down by 8 bps from 5.06% in the previous quarter.

The stock has rallied 70% in the last 12 months and its returns in 2024, so far stand at 19%. The outperformance over Nifty is more than two-fold over a 1-year period.

According to the latest corporate shareholdings compiled by Trendlyne, Jhunjhunwala publicly holds 25 stocks with a net worth of over Rs 40,101.3 crore while Kacholia has stakes in 46 stocks with a net worth of over Rs 3,210.1 crore.

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