New Delhi, Jan. 26 -- Rekha Jhunjhunwala, ace investor and wife of late stock market veteran Rakesh Jhunjhunwala, pared stake in the Tata group hotel stock, Indian Hotels, by almost 1% during the third quarter of the financial year as part of the quarterly portfolio rejig.

According to data available on BSE, Rekha Jhunjhunwala sold 1,45,23,200 shares, representing a 1.02% stake in the company during the quarter under review amid underperformance by Indian Hotels stock.

Jhunjhunwala now owned 1,42,87,765 shares or a 1% stake in the company, the December shareholding pattern shared by Indian Hotels showed.

Apart from Indian Hotels, several other Tata group stocks like Tata Motors CV, Tata Motors PV, Tata Communications, and Titan are par...