Rekha Jhunjhunwala likely exits this smallcap metal stock after 90% rally in 1 year. Do you own?

Ace investor Rekha Jhunjhunwala, who manages the investment portfolio of her late husband Rakesh Jhunjhunwala, has likely exited her entire stake in smallcap silica ramming mass manufacturer Raghav Productivity Enhancers during the April-June quarter of FY27.

Rekha Jhunjhunwala held nearly 20.02 lakh shares of the company at the end of the March quarter of FY26, according to data on the firm’s shareholding pattern on the NSE. However, her name was not mentioned in the latest shareholding data for the June quarter of FY27, implying that her stake holding has fallen below 1%.

'Big Bull' Rakesh Jhunjhunwala's first bet on Raghav Productivity Enhancers

The ‘Big Bull’ Rakesh Jhunjhunwala first bought Raghav Productivity Enhancers shares, then worth around Rs 31 crore, back in 2021. This came after the stock rallied a whopping 2,400% in five years since listing. Shares of the company had debuted at Rs 28.6 apiece on April 13, 2016.

Raghav Productivity Enhancers claims to be the world's largest manufacturer of silica ramming mass, a high-purity refractory material that lines induction furnaces, protecting them from extreme heat and chemical reactions during metal melting while ensuring superior thermal and mechanical strength.


Also read: How Rakesh Jhunjhunwala, India's Warren Buffett, turned Rs 1 crore into Rs 20 crore overnight after the 1989 budget

Rekha Jhunjhunwala's holdings

Rakesh Jhunjhunwala, often referred to as India's Warren Buffett, had turned bullish on the metals sector in his later years and frequently spoke about its long-term potential. Following his death in 2022 at the age of 62, his wife, Rekha Jhunjhunwala, inherited his multi-billion-rupee investment portfolio.

Citing the latest corporate shareholdings, Trendlyne reported Rekha Jhunjhunwala publicly holding 26 stocks with a net worth of over Rs 51,412 crore. Some of the notable stocks held by her include Indian Hotels Company, Tata Motors PV, Sun Pharma, Titan Company and more.

Raghav Productivity Enhancers share price

Rekha Jhunjhunwala had been steadily trimming her stake in Raghav Productivity Enhancers over the past few quarters, even as the smallcap stock continued to deliver stellar returns. The shares have surged about 90% over the past year.

After hitting a 52-week low of Rs 561.30 in March, the stock rallied about 137% in just three months to touch a fresh 52-week high of Rs 1,330 in June. It has since pared some gains and was trading at around Rs 1,299 on Tuesday.

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