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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 made ₹875 crore in a single day thanks to just one share, here’s how he did it

According to Forbes, Indian stock trader Rakesh Jhunjhunwala is worth $3 billion – which translates to ₹19,52,85,00,00,00,000. Take a moment to count those zeroes. If you’re having trouble, we’ll translate that into English for you: that’s ...
Posted: November 9, 2017, 1:24 am

Moody’s upgrade a fitting reply to govt’s critics; Bull market has just begun: Jhunjhunwala

Ace investor, Rakesh Jhunjhunwala, Partner, Rare Enterprises said the ratings upgrade by Moody’s earlier on Friday did not come as a surprise for him but, it could be for those who were criticizing efforts made by the Modi government to revive the economy.
Posted: November 17, 2017, 3:15 am

Top investor Rakesh Jhunjhunwala says steering away from Indian IPOs

MUMBAI (Reuters) - Major Indian share investor Rakesh Jhunjhunwala said he is steering clear of all initial public offerings for now as valuations have skyrocketed amid strong inflows and exuberance in equity markets. India has had a boom in IPOs, with a ...
Posted: November 15, 2017, 7:24 pm

Rakesh Jhunjhunwala says make at least this much return in stock market or go home

Very often, the investors are not sure of how much return to expect from stock markets. However, Rakesh Jhunjhunwala, referred to as the 'big bull of Dalal Street,' is clear-- investors should look to make 15% returns from equities in India.
Posted: November 13, 2017, 10:34 pm

Top Indian investor Jhunjhunwala says steering away from IPOs

MUMBAI (Reuters) - A major Indian share investor, Rakesh Jhunjhunwala, said he is steering clear of all initial public offerings for now as valuations have skyrocketed amid strong inflows and exuberance in equity markets. India has had a boom in IPOs ...
Posted: November 15, 2017, 12:15 am
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