Rakesh jhunjhunwala

Jhunjhunwala's most valued investment was Titan. In 2002-03, he bought Titan shares at an average price of Rs 3 per piece. These shares are now trading at a price of Rs 2,140 a unit. He holds over 4.49 crore shares of Titan Company. Jhunjhunwala and his wife Rekha held 5.1 percent in the company as of June 2022, worth Rs 11,086 crore.

This introduction is just a tiny fraction of what Rakesh Jhunjhunwala had achieved. Now as a curious person, if you want to know how he achieved all his success and what are the things we could learn from him in order to grow in life. All you have to do is just read this full article with your pace. Vedaon is giving you the assurance that you will know almost everything about the big bull Rakesh Jhunjhunwala. 1.1.1.1.6) 5 unknown facts about the “Big Bull of indian stock market- Rakesh Jhunjhunwala” 1) Early life of Rakesh Jhunjhunwala Rakesh Jhunjhunwala was born on july 5, 1960 in Hyderabad, Andhra Pradesh, India; (Now in Telangana, India) and grew up in a middle class Rajasthani Marwari family, in Bombay. His mother Urmila Jhunjhunwala was a homemaker, like every mother she supported a lot Jhunjhunwala to his journey. His father Radheshyamji Jhunjhunwala was an income tax officer. His father was the doorway for Mr. Jhunjhunwala into the stock market. we will see this fact into the “Entry of Big Bull Rakesh Jhunjhunwala into the stock market” section. 2) Education of Rakesh jhunjhunwala let’s see the education part of Rakesh Jhunjhunwala, As a child, he was kind of curious student. His schooling was done from a very normal school in mumbai. After his completion of high school, he did his B. Com from the Sydenham Collage of Commerce and Economics in 1985. 3) Entry of ” Big Bull ” Rakesh Jhunjhunwala into the stock market As it is mentioned earlier in this blog that Jhunjh...

Rakesh Jhunjhunwala backed Tata Group stocks — Tata Motors, Tata Communications, Titan Company, Indian Hotels — have rallied up to 135 per cent in the last one year, while those have surged over 57 per cent so far in the year 2021. Big bull Rakesh Jhunjhunwala, along with his wife Rekha Jhunjhunwala, hold the largest stake in Titan Company — a 4.8 per cent stake or 4.26 crore shares in the watches-to-jewellery maker. Ace investor slashed his holding in Titan Company for the third consecutive quarter (April-June 2021). Titan’s share price has zoomed 63.27 per cent in the past one year, and 20.30 per cent so far in the CY21. Rakesh Radheshyam Jhunjhunwala’s second-highest stake is in Tata Motors, at 1.14 per cent or 3.7 crore shares. The big bull trimmed his stake in this motor company to 1.14% in the quarter ended June 30, 2021. Rakesh Jhunjhunwala held a total of 4.27 crore shares in the company at the end of March quarter, which later fell to 3.7 crore. This stock has delivered the highest returns in the last one year, surging 134.24 per cent. Moreover, on a year-to-date (YTD) basis, it has gained 57.18 per cent. Rakesh Jhunjhunwala’s first big win was this Tata Group company stock It may be noted that Rakesh Jhunjhunwala’s first-ever big win was also a Tata Group stock — Tata Tea, where he made a profit of Rs 5 lakh in 1986. He bought 5,000 shares of Tata Tea at a price of Rs 43 that time, which zoomed to Rs 143 apiece in a span of just three months, more than tripling h...

Rekha Jhunjhunwala is an Indian stock market investor and the wife of the Late Rakesh Jhunjhunwala. Rakesh was a renowned Indian businessman, trader, investor and a philanthropist. Her late husband left her a fortune and stock portfolio when he died in August 2022. M3M Hurun’s 2023 Global Rich List ranked Rekha Rakesh Jhunjhunwala and family on the top list of 16 new Indian billionaires. Who was Rakesh Jhunjhunwala? Rakesh Jhunjhunwala, owned Rare Enterprises, a private equity investment and asset management firm based in Mumbai. The stock market predictions and bullish outlooks of Jhunjhunwala earned him the title of “India’s Warren Buffett” or the “Big Bull of India”. Forbes estimated his net worth at $5.8 billion in August 2022. Titan, a Tata Group company, was one of his investments. On 22 March, 2023, Rakesh Jhunjhunwala was awarded the Padma Shri posthumously for his work in trade and industry. As per a report by The Times of India, Rakesh Jhunjhunwala had a strong belief in India. With an initial capital of Rs 5,000, Jhunjhunwala became one of the most successful and richest investors in India. During an interview with TOI in 2011, he said he dreamed of earning Rs 1 lakh a month when he had entered the market in 1985. Three decades later, he was earning several crores per day. Rekha Jhunjhunwala: Education and career A graduate of Mumbai University, Rekha Jhunjhunwala married “India’s Big Bull” in 1987. Their three children are Nishtha, Aryaman, and Aryaveer. Accord...

Mumbai: The bull has sadly left the sand pit before his time, very much at the peak of his prowess. Putting an end to all speculation, legal fraternity sources have revealed that top stockbroker and Big Bull Rakesh Jhunjhunwala has left a will which will provide direction and intent on his heirs and the handling of his colossal fortune hereafter. Jhunjhunwala, whose fortune is believed to be worth approximately Rs 50,000 crore, had arranged to ensure his estate, including shares and property, is bequeathed to his wife and three children. In fact, he would often speak about his fourth child - charity. A part of his fortune will thus definitely go towards his favorite charities. His assets - direct holdings in listed and unlisted companies as well as immovable properties - would therefore pass on to his wife and three children, said a person from the legal fraternity on condition of anonymity. Known for his value investing model, the Big Bull is also known to own 35 company holdings. His major investments are in: construction and contracting (11 per cent), miscellaneous (nine per cent), banks (private sector) (6 per cent), finance (general) (6 per cent), construction and contracting (civil) (6 per cent), pharmaceuticals (6 per cent), and banks (public sector) (3 per cent). Jhunjhunwala has three children - daughter Nishtha (18) and twin sons, Aryamaan and Aryavir (13). He would call charity his fourth child. While his listed holdings are reportedly worth Rs 50,000 crore, his...

• • • • Stock investor Rakesh Jhunjhunwala, dubbed India’s Warren Buffett with an estimated net worth of $6 billion, died early on Sunday at age 62, his family said. A chartered accountant by profession from the desert state of Rajasthan, Jhunjhunwala started dabbling in stocks while in college and went on to manage a stock trading firm, RARE Enterprises. “Rakesh-ji passed away surrounded by his family and close aides,” a family member told Reuters, using a term for respect. The cause of death was not immediately announced. The promoter of India’s newest airline, the ultra low-cost Akasa Air, Jhunjhunwala appeared days ago at its public launch. He is survived by his wife and three children. An ambulance leaves the Breach Candy hospital carrying Rakesh Jhunjhunwala in Mumbai on August 14, 2022. AFP via Getty Images Jhunjhunwala’s excellent communication skills helped small investors understand the stock market, said businessmen and bankers based in India’s financial capital, Mumbai, who had interacted with him for over 30 years. His insights on the economy and companies made him a popular TV celebrity. Jhunjhunwala’s bets include a number of companies run by Tata Group, one of India’s largest conglomerates. These include Tata Motors, watchmaker Titan, Tata Communicationsand Indian Hotels Co, which runs the Taj hotels. Other investments include Indiabulls Housing Finance, Star Health Insuranceand Federal Bank. Media cameras are seen outside the Breach Candy hospital where Ra...