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Rakesh Jhunjhunwala
Rakesh Jhunjhunwala Net Worth is 1,250 $Million. Rakesh Jhunjhunwala (born 5 July 1960) is an Indian investor and trader. He is a qualified Chartered accountant. He manages his own portfolio as a part. Rakesh Jhunjhunwala (born 5 July 1960) is an Indian investor and trader. He is...

Rakesh Jhunjhunwala Net Worth is 1,250 $Million.

Rakesh Jhunjhunwala Net Worth is 1,250 $Million. Rakesh Jhunjhunwala is an Indian investor and trader. He is a qualified Chartered accountant. He manages his own portfolio as a part Rakesh Jhunjhunwala is an Indian investor and trader. He is a qualified Chartered accountant. He manages his own portfolio as a partner in his asset management firm, Rare Enterprises. Jhunjhunwala was described in a magazine as the "pin-up boy of the current bull run" and by another as "Pied Piper of Indian bourses".
The son of an income tax officer, he started dabbling in stocks while in Sydenham College and plunged into full-time investing soon after completing his education. He started his career in 1985 when the BSE Sensex was at 150. He made his first big profit of Rs 0.5 million in 1986 when he sold 5,000 shares of Tata Tea at a price of Rs 143 which he had purchased for Rs 43 a share just 3 months prior. Between 1986 and 1989 he earned Rs 20-25 lakhs. His first major successful bet was iron mining company Sesa Goa. He bought 4 lakh shares of Sesa Goa in forward trading, worth Rs 1 crore and sold about 2-2.5 lakh shares at Rs 60-65 and anothe...
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Rakesh Jhunjhunwala Latest News

FTIL sells 1.65 lakh shares of MCX-SX to ace investor Rakesh Jhunjhunwala

Financial Technologies India (FTIL) on Monday said it has sold an additional 1.65 lakh shares to ace investor Rakesh Jhunjhunwala for Rs 2.47 lakh in stock exchange MCX-SX, thereby completely exiting the bourse. Last month, crisis-hit FTIL signed ...
Posted: December 8, 2014, 6:44 am

Was Rakesh Jhunjhunwala wrong in buying SpiceJet shares?

Shares of SpiceJet have dropped 10 per cent since the 'Big Bull' invested in it on November 28. However, shares of SpiceJet have dropped 10 per cent since he invested in it on November 28. On the other hand, bigger rival Jet Airways’ stock price has ...
Posted: December 14, 2014, 7:27 pm

SpiceJet Crisis Highlights the Perils of Airline Investing

SpiceJet shares got a big boost last month when billionaire investor Rakesh Jhunjhunwala, who has been constantly accumulating shares in the carrier, bought 7.5 million shares (or 1.40 per cent stake) on November 28. SpiceJet surged 38 per cent in just two ...
Posted: December 18, 2014, 3:39 am

Financial Tech sells 1.65 lakh MCX-SX shares to Jhunjhunwala

New Delhi: Financial Technologies India Ltd (FTIL) on said it has sold an additional 1.65 lakh shares in stock exchange MCX-SX to ace investor Rakesh Jhunjhunwala for Rs 2.47 lakh, thereby completely exiting the bourse. Last month, crisis-hit FTIL signed ...
Posted: December 9, 2014, 11:38 am

Financial Technologies sells 1.65 lakh shares of MCX-SX to Rakesh Jhunjhunwala

Financial Technologies India Ltd (FTIL) today said it has sold an additional 1.65 lakh shares to ace investor Rakesh Jhunjhunwala for Rs 2.47 lakh in stock exchange MCX-SX, thereby completely exiting the bourse. Last month, crisis-hit FTIL signed ...
Posted: December 8, 2014, 8:33 pm
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