Rakesh Jhunjhunwala is an Indian billionaire stock trader and an investor.
He manages his own portfolio as a partner in his asset management firm, Rare Enterprises. He invests in both his own name and his wife's, Rekha Jhunjhunwala.
Jhunjhunwala is a qualified Chartered Accountant (CA). He is sometimes referred to as India's Warren Buffett.
He began investing in stock markets with less than US$100 back in 1985 when the BSE traded at 150 levels.
In 2022, Jhunjhunwala decided to back a new, low-cost airline, which goes by the name Akasa Air. He's also a movie buff, having co-produced several Bollywood films.
He is the chairman of Hungama Media and Aptech and sits on the board of directors of firms such as - Viceroy Hotels, Concord Biotech, Provogue India, and Geojit Financial Services.
His most noteworthy and most talked about bet was in Titan. You probably would not believe this but when Rakesh Jhunjhunwala bought 80 m shares of Titan between 2002-2003, they were priced at Rs 3 per share.
Here are Rakesh Jhunjhunwala's top holdings as of March 2022:
Please note, the source of holdings listed below is from Ace Equity and it may or may not be a complete list of holdings.
Company Name | Date End | Percentage of shares |
---|---|---|
Aptech Ltd. | Mar-22 | 23.38 |
Star Health and Allied Insurance Company Ltd. | Mar-22 | 17.51 |
Geometric Ltd. - (Amalgamated) | Mar-22 | 13.99 |
NCC Ltd. | Mar-22 | 10.94 |
Nazara Technologies Ltd. | Mar-22 | 10.1 |
Bilcare Ltd. | Mar-22 | 8.48 |
VA Tech Wabag Ltd. | Mar-22 | 8.04 |
Geojit Financial Services Ltd. | Mar-22 | 7.55 |
Delta Corp Ltd. | Mar-22 | 7.48 |
Rallis India Ltd. | Mar-22 | 7.14 |
CRISIL Ltd. | Mar-22 | 5.48 |
Titan Company Ltd. | Mar-22 | 5.05 |
Agro Tech Foods Ltd. | Mar-22 | 4.73 |
Autoline Industries Ltd. | Mar-22 | 4.62 |
Karur Vysya Bank Ltd. | Mar-22 | 4.5 |
Oct 23, 2024
This company is a hyperscaler from India. It focuses on advanced Cloud GPU (graphic processing unit) infrastructure.
Oct 16, 2024
Here's why the seasoned investor reduced her holding despite the banking company's strong growth plans.
Oct 9, 2024
Here's why the seasoned investor trimmed his holding in this smallcap stock for the third straight quarter.
Nov 30, 2023
Three reasons why Rekha Jhunjhunwala acquired 90,006 shares of this company via a bulk deal on 29 November 2023.
Sep 22, 2023
Rekha Jhunjhunwala recently picked up additional stake in this multibagger realty company. What's brewing?
May 9, 2023
Most banks have reported a superlative performance in the quarter ended March 2023. What about Canara Bank?
Apr 17, 2023
Rekha Jhunjhunwala now holds 5% stake in this metal company. Do you own it?
Jan 29, 2023
Here are the ace investor's top 5 bets by market value.
Jan 10, 2023
Rekha Jhunjhunwala, wife of late ace investor Rakesh Jhunjhunwala sold 0.5% stake in this company.
Aug 19, 2022
Rakesh Jhunjhunwala's net worth was Rs 460 bn when he passed away. Here are some of the less talked about secrets of his wealth creation journey.
Oct 18, 2024
These two Tata group stocks deserve your attention right away.
Oct 14, 2024
Find out why these seasoned investors took a bearish stance on these 2 popular stocks.
Sep 30, 2024
Let's look at the top 5 stocks held by the ace investor's company Rakesh Jhunjhunwala and Associates trading under Rs 250.
Oct 27, 2023
This bank stock is up over 30% in 2023 so far. Does Mukul Agrawal's addition make it more compelling?
Aug 29, 2023
Amongst Rakesh Jhunjhunwala's top picks, Titan stands as his most favourite one. It's interesting to see how this Tata Group company continues to churn greater returns.
May 4, 2023
Find out why Rakesh Jhunjhunwala & Associates trimmed stake in this auto ancillary company for the third consecutive quarter.
Feb 1, 2023
Banking stocks are in focus on account of strong credit growth. Will this Rakesh Jhunjhunwala portfolio banking stock continue its momentum?
Jan 11, 2023
Wife of late Rakesh Jhunjhunwala has increased stake in this mutual fund company. Find out the reasons for the bullish stance...
Sep 12, 2022
Shares of Nazara Technologies are down 35% in 2022 so far. Find out the probable reasons why the stock is battered down.
Aug 19, 2022
Jhunjhunwala played his own game and so should you.