In a strategic move, renowned investor Rekha Jhunjhunwala has re-entered the public sector bank Canara Bank during the quarter that concluded on March 31, 2025. This acquisition marks a 1.46% ownership stake for Jhunjhunwala, who previously divested from the bank in the December quarter. As of September 30, 2024, her stake was recorded at 1.42%.

Canara Bank’s Stock Performance

Despite its recent addition to Jhunjhunwala’s portfolio, Canara Bank’s stock has faced significant challenges over the past year. The shares have plummeted by 27% in value during the last twelve months and have further dropped by 11% in 2025 alone. However, for long-term investors, the stock has proven to be a multibagger, skyrocketing by an impressive 375.44% over the last five years.

• Recent Stock Performance:
  • 12-month decline: 27%
  • 2025 decline: 11%
  • Five-year growth: 375.44%

Investor anxiety surrounding the bank’s net interest margins (NIMs) has contributed to the stock’s struggles, compounded by a shaky broader market environment. The Nifty index has also experienced a downturn, with a year-to-date drop of nearly 5%.

Adjustments in Other Investments

In addition to her investment in Canara Bank, Jhunjhunwala has made adjustments to her holdings in Baazar Style Retail, a small-cap firm. Her stake in this Kolkata-based retailer decreased by 26 basis points, lowering her ownership from 3.65% to 3.39% during the March quarter.

• Baazar Style Retail Stock Overview:
  • Yearly decline: 22%
  • 2025 drop: 3%
  • Recent rebound: 30% return in the last month

Notably, Baazar Style Retail has shown resilience, bouncing back strongly in the past month, significantly outperforming the Nifty index, which garnered less than 1% in that same timeframe.

Rekha Jhunjhunwala’s Diverse Portfolio

According to the latest corporate shareholding data from Trendlyne, Rekha Jhunjhunwala currently holds stakes in 21 companies, amounting to a collective net worth exceeding ₹18,033 crore. Her portfolio is diverse, featuring established names such as Singer India, Tata Communications, Crisil, Escorts Kubota, Federal Bank, Indian Hotels Company, Tata Motors, Jubilant Pharmova, Karur Vysya Bank, NCC, and Fortis Healthcare.

By strategically adjusting her investments, Jhunjhunwala continues to navigate the complexities of the stock market, showcasing her adeptness as a leading figure in the investment landscape.