Search results
May 22, 2023 · He took on highly risky leveraged bets (borrowing) early in his career and this allowed his personal return to vastly exceed that of the Sensex. However, this was not all smooth sailing. In an interview with Ramesh Damani in 2011, Rakesh said that his trading profits came in fits and starts—getting supercharged in bull markets such as 2002-07 and 2014 onwards.
Aug 15, 2022 · Jhunjhunwala minted a huge fortune from Titan Company. However, his stake in the company was slashed to 5.1 per cent stake as on June 30, 2022, from 7.28 per cent on June 30, 2012. The shares of Tata group's luxury consumer durable company rallied a jaw-dropping 1,012 per cent to settle at Rs 2,491.95 on August 12, 2022, from Rs 222.3 on June 29, 2012.
- Pawan Nahar
Rakesh Radheyshyam Jhunjhunwala[3] (5 July 1960 – 14 August 2022) was an Indian billionaire investor, stock trader, and Chartered Accountant. He began investing in 1985 with a capital of ₹ 5,000, with his first major profit in 1986. At the time of his death, he had an estimated net worth of US$ 5.8 billion, making him the 438th richest ...
Dec 11, 2022 · We looked at his pack to gauge how did they perform on the first day without Jhunjhunwala. Out of the 32 stocks, two-thirds gained on Tuesday while the remaining ended in the red. In total, his portfolio value rose a little over 1%, exceeding the 0.6-0.7% rise in the Sensex and Nifty. The value of his holdings, along with stocks he held under ...
Aug 14, 2022 · The death of Rakesh Jhunjhunwala on Sunday (August 14) morning has left the investor fraternity in shock. Over the decades, Jhunjhunwala has not only been India’s most celebrated investor, but also the foremost proponent of a narrative of successful and enthusiastic investing in the country.
- 153
Aug 15, 2022 · Serial investor Rakesh Jhunjhunwala became a self-made billionaire through his calculated bets on the stock market at a time when not many traded in India. His success story is closely intertwined with the success of India where he enjoyed a cult following due to his shrewd financial decisions., Explainers News, Times Now
People also ask
Who is Jhunjhunwala?
How did Jhunjhunwala make money?
Who is Rakesh Jhunjhunwala?
What did Jhunjhunwala say about investing?
Aug 14, 2022 · Rakesh Jhunjhunwala passed away on August 14, 2022, in Mumbai. Image: Mexy Xavier. E very time I met Rakesh Jhunjhunwala, he was unfailingly polite, patient with answering questions and consistent ...
