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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

Rakesh Jhunjhunwala buys 25 lakh DHFL shares; stock up 13%

Ace investor Rakesh Jhunjhunwala on Friday picked up 25 lakh shares of the mortgage lender Dewan Housing Finance Corporation Ltd (DHFL)for nearly Rs 34 crore. Jhunjhunwala purchased the shares of DHFL through the open market route, according to information ...
Posted: October 18, 2013, 10:01 pm

Kween of all she surveys

Ekta Kapoor had the assembled photographers eating out of her hands during the launch of a sport-based reality show on Monday On the day the sensex spiked, welcoming a new party at the helm in the state, stockbroker Rakesh JhunJhunwala threw the mother of ...
Posted: October 20, 2014, 1:47 pm

Stock strategy: What is Rakesh Jhunjhunwala really up to?

He has been called India's Warren Buffett, but Rakesh Jhunjhunwala has written his own rules of investing which do not always involve going by the Buffett rule-book. In recent times, he has woven in and out of stocks that caught his fancy, and he has been ...
Posted: October 24, 2013, 2:09 am

Rakesh Jhunjhunwala’s bullish bets take D-Street by surprise, laps up beaten-down stocks

MUMBAI: Rakesh Jhunjhunwala did not sit idle when the markets went into a tailspin in the quarter ended September. He used the opportunity to buy into some new stocks while boosting his holding in others. Some of his additional purchases would have been to ...
Posted: October 24, 2013, 5:23 am

Rakesh Jhunjhunwala buys 4.90 lakh shares of MCX India

On July 15, 2014 Rakesh Radheyshyam Jhunjhunwala bought 4,90,000 shares of Multi Commodity Exchange of India at Rs 734.49 on the BSE. In the previous trading session, the share closed at Rs 769.00, up Rs 62.25, or 8.81 percent. It has touched a 52-week ...
Posted: July 15, 2014, 8:57 pm
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