Monday, 10 November 2014

Play It The Jhunjhunwala Way!!

Rakesh Jhunjhunwala, born 5th July 1960, a qualified Chartered Accountant, manages his own portfolio as a partner in his asset management firm, Rare Enterprises.

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 2–2.5 million. His first major successful bet was iron mining company Sesa Goa (now Sesa Sterlite). He bought 400,000 shares of Sesa Goa in forward trading, worth Rs 10 million and sold about 2-250,000 shares at Rs 60–65 and another 100,000 at Rs 150–175. The price rose to Rs 2200 and he sold some shares.

Jhunjhunwala is the chairman of Aptech Limited and Hungama Digital Entertainment Pvt. Ltd. and sits on the board of directors of various Indian companies such as Prime Focus Limited, Geojit BNP Paribas Financial Services Ltd., Bilcare Limited, Praj Industries Limited, Provogue India Ltd., Concord Biotech Limited, Innovasynth Technologies (I) Limited, Mid Day Multimedia Limited, Nagarjuna Construction Company Limited, Viceroy Hotels Limited and Tops Security Limited.

Below is the list of stocks held as of October 2014 by Rakesh Jhunjhunwala, Rekha Jhunjhunwala or Rare Enterprise Equity:


Titan Company, Lupin, CRISIL, Rallis India, Delta Corp, Aptech, Geometric, NCC, Praj Industries, Firstsource Solutions, Escorts, TV18 Broadcast, Kesoram Industries, Pipavav Defense and Offshore, Prime Focus, Geojit BNP Paribas Financial, Anant Raj, Sterling Holiday Resorts, SpiceJet, A2Z Maintenance and Engineering, DB Realty, Viceroy Hotels, Autoline Industries, Bilcare, Ion Exchange (India), Hindustan Oil Exploration Company, Mcnally Bharat Engineering, Prozone Capital Shopping Centres, and, Adinath Exim Resources.



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1 comment:

Dariya said...

Hey...Great information thanks for sharing such a valuable information
TV18 Broadcast Limited
revenue from operations
Bombay Stock Exchange