Tag archive: "rakesh-jhunjhunwala"

Rakesh Jhunhunwala buys stake in Escorts

Rajesh Singla

  Rakesh Jhunjhunwala, known for his contra bets, seems to have turned bullish on Autos as he recently bought over ...

Rakesh Jhunjhunwala Latest Portfolio in August,2011

Rajesh Singla

In 2010, Forbes rated him India’s 51st and the world’s #937 richest man with wealth running into billions. Jhunjhunwala entered the market in 1984, when he was 25, with a mere Rs 5,000 investment in the iron-ore exporter Sesa Goa. Three years later, he turned that amount into 10 million rupees. Rakesh Jhunjhunwala has a total net worth of approximately Rs 6000 crore along with his wife Rekha Jhunjhunwala.

Rakesh Jhunjhunwala on selling Spree: Cuts stakes in 9 Major Companies

Rajesh Singla

Rakesh Jhunjhunwala, has cut stakes in nine portfolio companies (Adinath Exim Resources, Agro Tech, Geometric, IFCI, Kajaria Ceramics, NCC, Punj Lloyd and Srei Infrastructure). The ace investor, who holds stakes in his wife Rekha’s name as well, has bought fresh shares in two portfolio companies (Lupin and Titan) during the recently concluded March quarter.

Rakesh Jhujhunwala Portfolio in March,2011

Rajesh Singla

Last Month, he sold his majority stake in Orchid Chemicals & Punj Lloyd in February,2011. From the Past Few Months, his moves haven't turned out to be very fruitful. Another example to prove this will be A2Z Maintenenance IPO also. Let us look at the Portfolio of Rakesh Jhunjhunwala & his Enterprise.

Rakesh Jhujhunwala Portfolio in February,2011

Rajesh Singla

Rakesh Jhunjhunwala is an Indian Chartered Accountant by qualification but an investor / trader by profession. In 2010, Forbes rated him India's 51st and the world's #1062 richest man with wealth of $1.0 billion. He is a famous equity investor in India and 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". He is tagged by the media as "India's Warren Buffett".

Rakesh Jhunjhunwala's Nagarjuna Construction Company Picks 55 % Stake in Nelcast Energy

Rajesh Singla

Blackstone-backed infrastructure firm Nagarjuna Nelcast Energy is developing a 1,320 MW thermal power project. Blackstone and ace investor Rakesh Jhunjhunwala-backed infrastructure firm Nagarjuna Construction has acquired 55% stake in power generation company Nelcast Energy Corporation Limited for an undisclosed amount.

Rakesh Jhunjhunwala Portfolio in January,2011

Rajesh Singla

Rakesh Jhunjhunwala, the billionaire investor known for identifying good companies at start-up stages, has taken up a 30 per cent plus stake in Pune-based Krayon Pictures, co-founded by Kishor Patil, who is also CEO and managing director of KPIT Cummins Infosystems.

Rakesh Jhunjhunwala Portfolio in December,2010 – Buys 30% Stake in Kryon Pictures – Another Unlisted Company

Rajesh Singla

Rakesh Jhunjhunwala, the billionaire investor known for identifying good companies at start-up stages, has taken up a 30 per cent plus stake in Pune-based Krayon Pictures, co-founded by Kishor Patil, who is also CEO and managing director of KPIT Cummins Infosystems.

Rakesh Jhunjhunwala View on Market in December

Rajesh Singla

Rakesh Jhunjhunwala totally ruled out the possibility of selling his investments in Delta Corp, where he holds a sizable chunk. However, he has recently exited the scam-ridden LIC Housing Finance. Jhunjhunwala is currently long on the markets and he believes they are likely to consolidate in near-term.

Recommend on Google

Stay Connected