Table of Contents
How can I be like Rakesh Jhunjhunwala?
Rakesh Jhunjhunwala Tips
- Long-term Investments. A firm believer of long-term investments, Mr Rakesh once said that it is important to give investments time to mature.
- Avoid Emotional Investments.
- Conduct Research.
- Never depend on Historical Data.
What is the work of Rare Enterprises?
Founded in 2003, RARE Enterprises is a private equity investment and asset management firm based in Mumbai, India. The firm seeks to invest in companies operating in the education, biotechnology, digital entertainment, healthcare delivery and hospitality sectors.
How many employees are there in rare enterprises?
Rare Enterprises Information
Website | http://rareenterprise.in/ |
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Revenue | $1 million |
Employees | 45 ( View all ) |
Address | 154, Bapu khote St, Mumbai, Maharashtra 400003, IN |
Phone | +91 99200 40206 |
Is Rakesh Jhunjhunwala a CA?
Rakesh Jhunjhunwala (born 5 July 1960) is an Indian business magnate, stock trader and investor….
Rakesh Jhunjhunwala | |
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Education | Chartered Accountant |
Alma mater | Sydenham College of Commerce and Economics, Bombay The Institute of Chartered Accountants of India |
How much of Rare Enterprises did Rakesh Jhunjhunwala own?
Rare Enterprises bought 2,013,626 shares at Rs 436.23 and sold 2,63,626 at Rs 435.75 per share. Rakesh Jhunjhunwala was already holding 1.90 per cent stake in the company as of June 30. Did you Know?
How much did Rakesh Jhunjhunwala earn from Sesa Goa?
In the next few years. Rakesh Jhunjhunwala made a number of good profits from stocks. Between 1986-89, he earned Rs 20-25 lakhs. His next big investment was Sesa Goa, which he initially bought at Rs 28 and then increased his investment at Rs 35.
How Rakesh Jhunjhunwala invested in multi-Bagger stocks?
During his long career in the stock market, Rakesh Jhunjhunwala invested in a number of multi-bagger stocks. In 2002-03, Rakesh Jhunjhunwala bought ‘Titan Company Limited’ at an average price of Rs 3 and currently it is trading at a price of Rs 817. He is holding over 7.5 crore shares of titan company.
What is Rakesh Jhunjhunwala’s stock-picking mantra?
In an interview to Outlook, Rakesh Jhunjhunwala revealed his stock-picking mantra. He stated that he looks at growth, valuation, liquidity, and the company’s cash flows. “ I pay a price for picking the wrong companies too.