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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

Small corrections do not bother Big Bull: Rakesh Jhunjhunwala puts up with 28% fall

NEW DELHI: When anxiety gripped Dalal Street through the June quarter in the runup to GST rollout and as the benchmark indices climbed new heights, Big Bull Rakesh Jhunjhunwala was all calm and relaxed, watching things pan out. Or thus suggests his ...
Posted: July 19, 2017, 5:17 am

India's Sensex hits 32000; Reliance Industries, Wipro rally

The major earnings on Friday are Ashok Leyland and Dewan Housing Finance Ltd. Jaiprakash Associates climbed 8 percent after shareholding data for the June quarter showed ace investor Rakesh Jhunjhunwala has picked up a 1 percent stake in the company.
Posted: July 21, 2017, 3:47 am

Rakesh Jhunjhunwala buys 1.3 per cent stake in Jubilant Life Sciences

Prominent investor Rakesh Jhunjhunwala bought 20 lakh shares or 1.3 per cent stake in Jubilant Life Sciences in the quarter ended June. Mutual funds too bought shares of the pharmaceutical company during the quarter; their stake rising to 4.02 per cent in ...
Posted: July 20, 2017, 9:20 pm

Rakesh Jhujhunwala buys stake in JP Associates and Jubilant Life

Ace investor in the Indian share market, Rakesh Jhunjhunwala have bought 1.03% and 1.26% in Jaiprakash Associates and Jubilant Life Sciences during the first quarter of financial year 2018. Ace investor in the Indian share market, Rakesh Jhunjhunwala have ...
Posted: July 20, 2017, 8:42 pm

Adani Ports in fray for buying stake in Dredging Corporation of India

Financial Express reported that Adani Ports, ace investor Rakesh Jhunjhunwala’s Dharti Dredging and Construction, Mercator and a few other domestic dredging players are in the race to buy the government stake in Dredging Corporation of India. The gov ...
Posted: July 17, 2017, 11:13 pm
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