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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

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

Retail investors' holding in NSE listed companies hit a 6-year high of 21.35%

Rakesh Jhunjhunwala (along with his wife Rekha Jhunjhunwala) is the largest 'individual' public shareholder with their cumulative holding as of March 2015 at Rs 8,331 crore compared with Rs 5,262 crore a year ago.
Posted: May 26, 2015, 3:01 am

You know the Jhunjhunwalas—but here are some other rockstar equity investors in India

Rakesh Jhunjhunwala, with his stupendous success and unlimited supply of one-liners, is perhaps the most famous of India’s retail investors, but there are a few more rockstars of the country’s stock markets with millions in shareholdings who often go ...
Posted: May 26, 2015, 2:45 am

Nifty ends below 8450, Sensex flat; Sun Pharma plunges 9%

Market veterans are betting on equities in the long term. Ace investor Rakesh Jhunjhunwala said the market is in a consolidation phase and it may revisit 7900-8000 levels on the Nifty. Madhu Kela of Reliance Capital expects earnings recovery in FY16.
Posted: June 1, 2015, 6:25 am

Cafe Coffee Day Seeks to Raise Funds Worth ₹1,150 Crore via IPO in June

The company got a funding of ₹100 crore from five investors including Infosys Ltd co-founder Nandan Nilekani, investor Rakesh Jhunjhunwala's Rare Enterprises and stock broker Ramesh Damani. Each share of CDEL was priced at ₹2,890, taking the company's ...
Posted: May 27, 2015, 4:52 am
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