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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

ICICI Lombard frontrunner for Star Health

edging past the competing consortium of WestBridge Capital and ace stock market investor Rakesh Jhunjhunwala, valuing the company at Rs 6,000 crore, said multiple sources familiar with the ongoing negotiations. Star Health, founded in 1996, is India’s ...
Posted: April 15, 2018, 10:05 pm

Rakesh Jhunjhunwala’s portfolio picks slip up to 30% in 2018

Big bull Rakesh Jhunjhunwala made an exit from Orient Cement in the last concluded quarter while adding DB Realty, and the debt-laden Jaiprakash Associates . We have compiled a list of stocks from the shareholding pattern declared by companies for the ...
Posted: April 24, 2018, 4:51 am

Malaysia's IHH offers more than Manipal for Fortis Healthcare

The offer came under criticism from Fortis's minority shareholders, including investor Rakesh Jhunjhunwala, who called the price "low". IHH, one of Asia's largest healthcare operators, made an "unsolicited non-binding expression of interest" to Fortis for ...
Posted: April 13, 2018, 9:11 pm

Rakesh Jhunjhunwala’s portfolio picks slip up to 30% in Q1 CY18

Big bull Rakesh Jhunjhunwala made an exit from Karur Vysya Bank and Orient Cement in the last concluded quarter while adding DB Realty, the debt-laden Jaiprakash Associates and Rallis India . We have compiled a list of stocks from the shareholding ...
Posted: April 23, 2018, 7:48 pm

How Rakesh Jhunjhunwala beat the market meltdown

How did marquee Dalal Street investors fare in the Jan-Mar quarter that saw the BSE Sensex tank 10 per cent? Deepak Korgaonkar and Puneet Wadhwa report. IMAGE: Rakesh Jhunjhunwala. Photograph: Shailesh Andrade/Reuters A 10 per cent rise in the stock of the ...
Posted: April 11, 2018, 8:17 pm
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