We all know that Indian Warren Buffett, Mr. Rakesh Jhunjhunwala has a major investment in the Lupin. So I was curious to check whether he appears in the top 10 investors list. I took the annual report of Lupin for financial year 2016 and checked the section 'Shareholding pattern of top 10 shareholders" on page 93, there his name appears at the top holder. Next thing that I did was to glance at a page long transaction list of his trades.
My curiosity lead me to see what happens when Rakesh Jhunjhunwala buy or sell (small quantity) of his holdings in the market. Will he buy exactly at bottoms and sell at the peaks? Or he is also like any of us who will buy at the top and sell at the bottom? Or it is just random.
So I took all his trades from the annual report and plotted them on the price chart. Left hand axes represent the price while the right hand represented the quantity of his trade. Stars appearing above the Red horizontal line are the buy and below the line are the sells.
Now the analysis and interpretation of this .... well I'll leave it to you.
If anyone needs the data in a excel sheet then you can let me know and I can share the same.
My curiosity lead me to see what happens when Rakesh Jhunjhunwala buy or sell (small quantity) of his holdings in the market. Will he buy exactly at bottoms and sell at the peaks? Or he is also like any of us who will buy at the top and sell at the bottom? Or it is just random.
So I took all his trades from the annual report and plotted them on the price chart. Left hand axes represent the price while the right hand represented the quantity of his trade. Stars appearing above the Red horizontal line are the buy and below the line are the sells.
Now the analysis and interpretation of this .... well I'll leave it to you.
If anyone needs the data in a excel sheet then you can let me know and I can share the same.
