Rekha Jhunjhunwala’s Penny Stock Makes a Surprise Comeback — Guess How Much It Gained in Six Months?
Rekha Jhunjhunwala’s Penny Stock Makes a Surprise Comeback — Guess How Much It Gained in Six Months?
Market watchers and retail investors are once again turning their attention toward Rekha Jhunjhunwala, wife of the late market legend Rakesh Jhunjhunwala, famously known as the ‘Big Bull’ of Dalal Street. Among the many stocks in the Jhunjhunwala family portfolio, one hidden gem — Singer India Ltd. — has made a striking comeback, defying its previous sluggish trend and regaining momentum with remarkable strength.
After struggling with negative returns for almost a year, Singer India’s stock has surprised investors by surging 34% within the last six months. This impressive rally has wiped out earlier losses and reignited optimism among retail participants. The stock currently trades at ₹83.40 per share, reflecting renewed buying interest and growing confidence in its performance trajectory.
Rekha Jhunjhunwala currently owns around 42.5 lakh shares of Singer India Ltd., a holding that has remained in the family portfolio for several years. Based on the latest market valuation, her stake is worth approximately ₹35.40 crore, highlighting the steady value the stock has contributed to her investment basket.
A look at the shareholding pattern showcases the faith of ordinary investors in the company. Retail shareholders collectively own 68.50% of the total equity, a sign of widespread trust and participation. Meanwhile, promoters hold about 30.80%, and domestic institutional investors (DIIs) control close to 11%, making Singer India a well-diversified ownership story.
Financially, the company stands on solid ground. Singer India is almost debt-free, with a debt-to-equity ratio of just 0.04, and continues to generate consistent profits. Its Return on Equity (ROE) of 4.89% reflects efficient management and operational stability. Over time, the company has proven itself to be a multibagger stock, delivering over 220–255% growth in the past three years and showing strong returns even over a five-year period.
The foundation of Singer India’s success lies in its robust business model. The company operates primarily in two segments — sewing products and home appliances. It manufactures and markets sewing machines and related equipment under the Singer and Merritt brands, catering to both urban households and consumers in smaller towns. This balanced market reach has ensured stable growth across economic cycles.
Disclaimer: This article is intended solely for informational purposes and should not be considered as investment advice. Investors are advised to perform their own due diligence or consult a financial expert before making any investment decisions.
