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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

Is Rakesh Jhunjhunwala's favourite stock losing its sheen?

Maverick investor Rakesh Jhunjhunwala's one of most favoured stock seems to be losing sheen for sometime now. CLSA has reiterated a high conviction sell rating on Titan stating that FY15 is a year to forget while the future looks equally grim. Weak macro ...
Posted: July 15, 2015, 10:15 pm

Top seven stocks Rakesh Jhunjhunwala is betting on

NEW DELHI: Worried about a sudden fall in the Sensex in the month of December? Well, the big bull of Dalal Street, Rakesh Jhunjhunwala, has got some good news. He sees the markets to triple in the next 4-5 years. The S&P BSE Sensex, which has rallied ...
Posted: December 27, 2014, 3:45 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

Rakesh Jhunjhunwala buys 3 million shares of Man Infra

Mumbai: Investor Rakesh Jhunjhunwala bought 3 million shares or 1.21% in Man Infraconstruction Ltd at Rs.36 per share on Thursday, data on BSE showed. Man Infraconstruction shares closed 20% higher at Rs.43.20 per share on BSE. Separately, Bloomberg ...
Posted: January 28, 2015, 10:30 am

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
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