Rakesh Jhunjhunwalas personal holding in pharma major Lupin rose to highest ever at the end of December quarter, even as he cut his stake in a couple of other stocks such as Rallis India, reports The Economic Times. He kept his stakes in NCC and VIP Industries, among others, unchanged. The ace investor held 86,98,605 shares, or 1.92% stake, in Lupin as of December-end, which was worth Rs 790 crore at Mondays trading price. The ace investor has been holding the stock at least since the December quarter of 2015. Jhunjhunwala cut his holding in Rallis India to 9.67% in December quarter from 9.93% at the end of September quarter. He kept his holdings unchanged in VIP industries and NCC. At the end of December quarter, Jhunjhunwala held 3.69% in VIP Industries, the same as September quarter. In NCC, Jhunjhunwala and his better half Rekha Jhunjhunwala together held 10.21% stake at the end of last quarter.