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.
About DreamGains
DreamGains Financials India Private Limited formed in 2004 as an independent and privately owned company is build upon the principles of teamwork and partnership.It is a trusted name in the financial service arena and provides you with an entire gamut of services under one roof. It today has emerged as a premium Indian stock consultancy, with an absolute focus on business and a commitment to provide “Real value for money” to all its clients.
1 comment:
Hey...Great information thanks for sharing such a valuable information
TV18 Broadcast Limited
revenue from operations
Bombay Stock Exchange
Post a Comment