Vijay Kedia, Rekha Jhunjhunwala, and Ashish Kacholia lost ₹28,000 cr in the market meltdown

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Vijay Kedia, Rekha Jhunjhunwala, and Ashish Kacholia lost ₹28,000 cr in the market meltdown

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Here’s How Big Bulls’ Portfolios Fared During the Market Rout

Rekha Jhunjhunwala’s Portfolio


While the portfolios of Ashish Kacholia and Vijay Kedia have fallen by up to 35%, Rekha Jhunjhunwala’s portfolio has emerged as the biggest casualty of the bear run, falling sharply by 61.4% since October 1, 2024. This drop represents a loss of ₹26,866 crore for Jhunjhunwala, who inherited the portfolio from her late husband, Rakesh Jhunjhunwala, known as India’s Warren Buffett. The value of the portfolio has been derived using the December 2024 stake and the closing price on March 5, 2025, while the September 2024 holding value was calculated using the September 2024 stake and the closing level on September 30, 2024.As per the latest corporate shareholdings filed, Rekha Jhunjhunwala publicly holds 25 stocks with a current net worth of over ₹16,896 crore, compared to ₹43,762 crore at the end of the September 2024 quarter. Her primary investments are in Inventurus Knowledge Solutions, Concord Biotech, Titan, Tata Motors, and Star Health.

Ashish Kacholia’s Portfolio

The ace investor, known for picking small and mid-cap stocks, managed to buck the bearish market trend, limiting his losses to 19% since October 1. Data shows that the portfolio of Ashish Kacholia has dropped by ₹557 crore to ₹2,371 crore from ₹2,928 crore as of September 30, 2024.According to the latest corporate shareholdings filed, Ashish Kacholia publicly holds 44 stocks as of December 31, 2024, which include hospitality, education, infrastructure, and manufacturing stocks.

Vijay Kedia’s Portfolio

The recent market correction has significantly impacted the portfolio of Vijay Kedia, who is known for investing in small and mid-cap stocks. The ace investor has lost 34.8% of total value, or ₹632 crore, in the market rout since October 1, 2024. As of March 5, 2025, Vijay Kedia’s portfolio stood at ₹1,183 crore.

Kedia, one of the most followed investors in the Indian market, publicly holds 15 stocks through himself and his self-owned company, Kedia Securities Pvt Ltd. His portfolio stocks—Atul Auto and Tejas Networks—have seen a sharp correction in the recent market crash.

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