Ace investor Rekha Jhunjhunwala has likely exited her entire stake in smallcap silica ramming mass manufacturer Raghav Productivity Enhancers during the April-June quarter of FY27. According to the latest shareholding data reported by The Economic Times, her name was not mentioned in the company's shareholding pattern for the June quarter of FY27, implying that her stake holding has fallen below 1% from her previous holding of nearly 20.02 lakh shares at the end of March quarter FY26.
The smallcap metal stock has delivered impressive returns, gaining about 90% in the past year and more than doubling from its March low. As reported by The Economic Times, this significant rally occurred during the period when Rekha Jhunjhunwala was steadily reducing her stake in the company over recent quarters, suggesting she may have timed her exit strategically based on the stock's strong performance trajectory.
Despite the challenging 2025 market conditions that saw many marquee investors hit by the smallcap slump, Rekha Jhunjhunwala emerged as a rare outperformer with her portfolio of 25 listed stocks avoiding major losses and ending the year slightly higher. According to The Economic Times, her portfolio value rose from about ₹40,589 crore to ₹41,379 crore, highlighting relative resilience in a difficult market cycle. This performance contrasts with the broader market struggles faced by other prominent investors during the same period.
Recent developments show Rekha Jhunjhunwala's active portfolio management across multiple holdings. She increased her Titan stake by 15 lakh shares, raising total ownership to 5.3%, as reported by The Economic Times. Additionally, she held a 7.06% stake in Nazara Technologies as of March 2025, owning 61,83,620 shares, but fully exited the company by June 2025. On June 13, she sold 13 lakh shares on BSE and 14 lakh on NSE at average prices of ₹1,225.19 and ₹1,225.63 respectively.
