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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

Bullish Jhunjhunwala Invests in 3 Firms in One Week

A month into 2015 and billionaire investor Rakesh Jhunjhunwala is on the prowl, buying and raising stakes in companies he thinks are good bets for the future. The 54-year old billionaire, ranked 51 on the Forbes list of richest Indians with a net worth of ...
Posted: February 3, 2015, 11:48 pm

Rakesh Jhunjhunwala buys additional stake worth Rs 11 cr in Delta Corp

Ace investor Rakesh Jhunjhunwala has acquired additional shares worth over Rs 11 crore in Delta Corp. Through a bulk deal, Jhunjhunwala today purchased 12.5 lakh shares of Delta Corp at a price of Rs 91.75 apiece, the company said in a filing to the BSE.
Posted: February 3, 2015, 10:36 am

Grab opportunities; buy first, research later: Jhunjhunwala

India’s ace investor big bull Rakesh Jhunjhunwala says he came to the market in 1985, but his first forward trade was in 1988. For him, Sesa Goa was a breakthrough forward trade and investment. At the LSE Conference, he tells students it is normal to be ...
Posted: March 14, 2015, 3:12 am

Valuation conundrum

This month, though, saw a few signs of scepticism coming to the fore. First, billionaire investor Rakesh Jhunjhunwala questioned e-retailer Flipkart’s business model and profit-making ability. And, two, Alibaba, the world’s most profitable e-commerce ...
Posted: March 22, 2015, 11:01 pm

Promoters To Exit Engineering Services Firm Geometric

The promoters are backed by non promoter shareholders including ace investor Rakesh Jhunjhunwala and wife Rekha Jhunjhunwala who hold a total of 19.18%. In all the sale would fetch the buyer well above 57% stake which would require an open offer for 26% ...
Posted: March 24, 2015, 8:05 am
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