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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

When Rakesh Jhunjhunwala grilled Aurobindo top brass; brokerages see 58% upside in stock

NEW DELHI: The Big Bull of the Dalal Street, Rakesh Jhunjhunwala, makes it a point to attend analysts' call of Aurobindo Pharma quarter after quarter. The June quarter event was no different. RJ, a partner in asset management firm Rare Enterprise, put some ...
Posted: August 23, 2016, 11:22 pm

Moderate returns for Rakesh Jhunjhunwala from rally

Even as his latest investment in the SpiceJet stock met with some volatility, Rakesh Jhunjhunwala’s portfolio picks on the Lok Sabha election euphoria have seen moderate returns. Data compiled by FE show that some of the stocks — three of the five ...
Posted: December 22, 2014, 11:04 am

The secret of Rakesh Jhunjhunwala’s success

An analysis of Rakesh Jhunjhunwala’s portfolio shows that his average returns have been highest from the stocks he held the longest Subscribe to our newsletter. At a time when high-frequency trading has allowed stock market participants to transact in ...
Posted: November 17, 2015, 4:00 pm

MSEI plans to raise ₹97 cr via rights

Among existing shareholders, SBI, IL&FS, Derive Investments, Trust Investments, AADI Financial, Rakesh Jhunjhunwala, Nemish Shah, and Viral Parikh hold 5 per cent each, while Kalparaj Dharamshi and Dhanesh Shah own 4.8 per cent and 4.1 per cent ...
Posted: August 19, 2016, 10:04 am

Billionaire Rakesh Jhunjhunwala's advice to youngsters

The story of how a middle-class IT officer's son came to be featured on the Forbes' list of billionaires is as amazing as the man himself. At EVOKE 2012, an idea-sharing event organised by the US Consulate in Mumbai earlier this month, Indian investor ...
Posted: December 18, 2012, 10:22 am
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