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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

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

Shares of Escorts Ltd. hit its highest in more than four years

On August 11th, well known investor Rakesh Jhunjhunwala purchased an additional 625,000 shares in Escorts at a price of 155 rupees each, totalling 9.68 crore rupees. Mr. Jhunjhunwala has been a long-term investor in the coming, buying the stock from sub ...
Posted: August 30, 2015, 11:33 pm

Delta Corp Surges 16% in 2 Days, Jhunjhunwala Buys More Stake

Including today's gains the stock has gained over 16 per cent in two trading sessions. Ace investor Rakesh Jhunjhunwala's wife Rekha Jhunjhunwala on Thursday bought 35 lakh shares in Delta Corp at an average price of Rs 70.56 per share, NSE data shows.
Posted: August 21, 2015, 5:09 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

Rakesh Jhunjhunwala: The Intuitive Investor

Net Worth $1.86 billion: The big challenge faced in the last year Manoeuvreing volatile markets before the beginning of the current bull run The way forward: Focus on philanthropy, particularly education and nutrition. Plans to put in Rs 1,000 crore in an ...
Posted: October 26, 2014, 7:51 pm
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