Retail investors and market observers follow ace investors’ portfolios to know the direction in which smart money is moving. 

In Q3FY23, Rekha Jhunjhunwala raised her stake in Tata Communications. She has increased her shareholding in the Tata group company from 1.61 to 1.79, which means the ace Indian investor added 0.18%. Also, additional shares of the Tata group company.

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As per the shareholding pattern of Tata Communications for Q3FY23, Rekha Jhunjhunwala is shown to hold 51,00,687 company shares, which is 1.79% of the total paid-up capital of the company. However, in Tata Communications’ shareholding pattern for Q2FY23, she held 45,75,687 company shares or a 1.61% stake. This means the ace investor has added 5,25,000 more Tata Communications shares and raised her company stake by 0.18% in Q3FY23.

In December 2022, Rekha Jhunjhunwala’s portfolio stock surged to 2%, but this Tata group stock has risen more than 40% in the last six months.