Rakesh Jhunjhunwala Latest Portfolio 2017

Rakesh Jhunjhunwala, the pied piper of the Indian stock markets, started his investment career amongst an initial investment of Rs.5000 inwards 1985, when is historic catamenia was 25 together with BSE Sensex was at only at 150. He made his firstly intermission through inwards 1986 when he sold out 5,000 shares of Tata Tea at a toll of Rs 143 which he had purchased for Rs 43 a percentage only three months prior. Between 1986 together with 1989, he had earned Rs 20–25 million. His firstly major successful bet was atomic expose 26 mining fellowship Sesa Goa.

Rakesh Jhunjhunwala

He bought 4,00,000 shares of Sesa Goa @ Rs.25 inwards frontward trading, worth Rs 1 crore together with sold close 2-250,000 shares at Rs 60–65 together with some other 100,000 at Rs 150–175. This made is networth to Rs. 2.5 crores. Jhunjhunwala bought half-dozen crore shares of Titan inwards 2002-03 at an average toll of roughly Rs 3. The stock is currently trading at Rs. 470 (after 2:1 split) grade together with his investment value is similar a shot 3300 crores. In 2006 he bought lupin roughly 150 Rs which is similar a shot trading at 1400 levels.

Rakesh Jhunjhunwala's Latest Portfolio Apr 2017

Where Rakesh Jhunjhunwala Stands Now

From a humble beginning of Rs. 5000, equally of today Rakesh Jhunjhunwala is the most wealthiest individual shareholder inwards Indian stock marketplace amongst a net-worth of to a greater extent than than 10000 crore!! Kindly greenback that shareholding per centum given to a higher house includes the holdings of his married adult woman Mrs. Rekha equally well. This postal service volition live on updated later 1st quarter results of 2016.

Last year, during the fourth dimension of Dana Utsav or Joy of Giving Week inwards October, Rakesh Jhunjhunwala openly made a vow that he had decided to give away Rs 5,000 crore or 25 percent of his full wealth, whichever is lower, to philanthropy when he turns sixty on July 5, 2020. Rakesh gave credits to his begetter for such a brave decision.

"My begetter was ever non concerned close how much wealth I have. Everyday what he would inquire me is, how much cause got you lot given this twelvemonth inwards charity together with how much taxes cause got you lot paid. He was financially independent. He said, 'I don’t desire anything from you lot but I volition attempt coin from you lot for charity'. When he passed away inwards 2008, I actually missed him, together with I idea that the greatest homage I could give him is to give. I cause got to practise an scheme that volition live on able to role this coin inwards a agency that tin terminate actually brand a deviation to the society".

Rakesh Jhunjhunwala Portfolio Holding Allocation

Rakesh Jhunjhunwala Recent News

Rakesh Jhunjhunwala Reduced Stake In Tata Motors DVR

April 2017: Rakesh Jhunjhunwala sold l lakh shares inwards the Tata grouping stock during the March quarter. According to information available amongst BSE, Jhunjhunwala had over 1.24 crore Tata Motors DVR shares, which are 2.44 per cent of the company’s full shares equally of March quarter. This included stake amongst the advert of Rakesh Jhujhunwala (1.01 per cent) together with Rakesh Radheshyam Jhunjhunwala (1.43 per cent).