Top 5 Stocks owned by the Big Bull

If we look around searching for investing legends globally, names like Warren Buffett, Benjamin Franklin, and many such geniuses pop up. When we talk about it in the Indian context, one name that invariably had its place in the top 5 for the past three decades is Rakesh Jhunjhunwala - the Big Bull of India.

He is one of the most highly rated gems when talking about the marquee investors to which our Indian motherland has given birth. Jhunjhunwala believes in having alternate sources of income, and hence he keeps on adding to his matrix time and again.

In the recent past, he was seen earning huge gains by coproducing many Bollywood films, one such being amongst the last few films of another legend Late Sridevi's – “English Vinglish”.  As per Forbes, RJ currently ranks 54th in the list of Richest Indians and 665th in Billionaires 2021.

Rakesh Jhunjhunwala

Agro Tech Foods Ltd (ATFL)

It is a public limited company engaged in the business of marketing food and food ingredients to consumers and institutional customers. The company is affiliated with ConAgra Foods Inc of the USA, which is one of the world’s largest food companies.

The company is engaged in the production of agricultural products. It operates in three segments: Sourcing and Institutional Business, Branded Foods, and Others. The sourcing and Institutional Business segment include oils and agricultural raw materials procurement, crystal and rath bulk packs, seed buying and processing operations, food service, and poultry feed ingredients. The Branded Foods segment includes products sold under the brands Sundrop, Crystal, Rath, Sudham, and Healthy World. One famous brand under its regime is ACT II Instant Popcorn.

This small-cap company has an impressive business model around which it blends money. However, the current valuations of its shares seem distorted as it is trading at a PE of 96.42 as of the last trading session. Also, over the years, the company has failed to portray a sustainable growth in its sales and profit, and hence the ROE and ROCE have also risen negligibly. However, a strong point about the company is that it is debt-free and liquidity sound having a current ratio of 2.34.

Know more : https://blog.finology.in/investing/stocks-owned-by-big-bull