Rakesh Jhunjhunwala: Portfolio, Net Worth, Stocks

Rakesh Jhunjhunwala – About

On July 5, 2021, the renowned Indian bull Rakesh Jhunjhunwala turned 61. Jhunjhunwala was born in 1960 to a middle-class family and is known for his investment success. Forbes describes him as a Midas-style investor.

Name Rakesh Jhunjhunwala
Date of Birth  5th July 1960
Rakesh Jhunjhunwala Net Worth > $ 575 Crores
Place of Birth Hyderabad, Telangana, India 
Qualification  Chartered Accountant 
Alma Mater  Graduation from the Sydenham College & C.A from the Institute of Chartered Accountants of India 
Company Owned  Rare Enterprises (Asset Management Firm)
Popularly Known As  ‘Warren Buffett of India’
Advisor  India’s International Movement to Unite Nations 
Chairman  Hungama Digital Media Pvt Ltd, Aptech Limited
Board of Directors Provogue India Limited, Bilcare Limited, Praj Industries Limited, Prime Focus Limited, Geojit Financial Services, Mid Day Multimedia Limited, Tops Security Limited, Viceroy Hotels Limited, Nagarjuna Construction Company Limited, Innovasynth Technologies (I) Limited
Spouse Rekha Jhunjhunwala
Children  3

Jhunjhunwala, the son of an income tax official, has been fascinated with stocks since he was a student. When the Sensex was about 150 points in 1985, I began investing with a capital of 5,000 rupees.

According to Trendlyne, the value of their holdings is currently 19.277 billion rupees. According to Forbes, his current net worth is $4.6 billion (INR 34,000 billion). It owns 37 businesses in the construction, finance, and real estate industries.

Rakesh Jhunjhunwala has an unmistakable hawk’s eye for stocks that aren’t particularly popular among investors.

He has been involved in private equity for many years. There have been successes and failures; agrees, but believes that certain portfolio businesses will make many turns.

Many of Rare Enterprises’ private equity investments have matured and are ready to be put to work. Star Health, a two-year-old joint venture with WestBridge, is preparing to file for an IPO.

In India’s history of development, the Great Bull has always been a constructive force. He maintained his upbeat outlook on the Indian economy in an interview with Money Control last month, stating the country’s bull market will continue since the economy is projected to witness robust growth thanks to recent changes.

Rakesh Jhunjhunwala Net Worth

Rakesh Jhunjhunwala purchased Titan Company Limited shares at an average price of Rs 3 in 2003, and the stock is now worth Rs 817. He has around 7.5 crores of Titan Corporation shares. He has an 8.45 general portion.

Rakesh Jhunjhunwala Portfolio

Rakesh Jhunjhunwala, also known as “Indian’s Own Warren Buffet”, is one of India’s leading equity investors and 48th richest person in India according to the Forbes Rich List. Rakesh is a certified public accountant but has chosen to consider equity investing a full-time job. 

Jhunjhunwala put in 5,000 rupees as seed capital in 1985. The capital had increased to 16,000 billion rupees by 2020.

According to data filed as of December 31, 2020, Rakesh owns 37 shares and has a net worth of around Rs. 16,000 crores. Rakesh Jhunjhunwala was called by SEBI in January 2020 for alleged insider dealing in Aptech shares.

RARE Enterprises is a public trading business run by Jhunjhunwala. His wife, Rekha Jhunjhunwala, is his business partner. The name RARE is derived from the first two alphabets of both partners’ names (Ra + Re).

Rakesh Jhunjhunwala Investments

MCX, NCC, CRISIL, Ion Exchange, Aptech Limited, Titan, Lupine, Fortis Healthcare, VIP Industries, Geojit Financial Services, Rallis India, Jubilant Life Sciences (now Jubilant Pharmov), and a few other stocks have been purchased by Jhunjhunwala. His portfolio consists of 37 equities. In this essay, we will discuss Rakesh Jhunjhunwala’s fortune.

With a net worth of $2 billion, Rakesh Jhunjhunwala is India’s 48th richest person. Let’s take a look at RJ’s riches over the last five years. RJ donates millions of dollars to a variety of causes, including health, early childhood education, higher education, and more.

It is affiliated with a number of organizations, including St. Jude Children’s Research Hospital, the International Agastya Foundation (which provides $1 million annually), and Arpan.

RJ had planned to contribute 25% of his income to charity when he was 60 in 2020, but the epidemic forced him to postpone his plans, and he has now set a target of raising $750 million to distribute over his lifetime.

A History Made by Rakesh Jhunjhunwala

Mr Rakesh Jhunjhunwala is the man who revolutionized traditional trading and investment methods. Mr Jhunjhunwala, often known as the Warren Buffet of India, is the driving force behind investing and trading.

Your job entails international investing, not simply in one country. Mr Jhunjhunwala is one of the world’s wealthiest and most powerful persons, thanks to his talent and hard work.

A Case Study: The 1992 Stock Market Period

Rakesh Jhunjhunwala has been making money since the days of Harshad Mehta. He made a lot of money about 1992, when the Harshad Mehta scam was going on. Rakesh Jhunjhunwala has admitted to short-selling in numerous interviews, claiming that it has made him a lot of money.

The Indian stock market was dominated in the 1990s by cartels like Manu Manek, which Rakesh Jhunjhunwala backed.

  • Rakesh Jhunjhunwala owns 37 stocks worth approximately Rs. 20,000 crores. According to Trendlyne data, DB Realty, Delta Corp, Nazara Technologies, Tata Communications, Fortis Hospital, and Federal Bank have a combined net worth of roughly INR 20 billion. Titan Company, a jewelry and watchmaker valued at INR 7,879 billion, is one of his most popular investments, followed by Tata Motors for INR 1,474.4 million rupees.
  • Rakesh Jhunjhunwala is nearly always upbeat about the banking industry, even when it comes to the so-called inefficient institutions. He discussed COVID-19 and business in a recent televised interview.

Rakesh Jhunjhunwala Take On Covid-19

Rakesh has made some unusual statements, including his belief that inefficient institutions produce exceptionally high rates of return.

India’s GDP might rise by more than 1000% in the next years, according to his projections. He applauded digitization initiatives in the country, which have made it simpler to set up work from home in the wake of the COVID19 pandemic.

Jhunjhunwala sees no upcoming wave of COVID19 that could affect Indian stock markets. He has a word of caution to investors to just remain careful and alert in their investments.  

Rakesh Jhujhunwala Stocks

Rare Enterprises, an asset management firm, is managed by Rakesh Jhunjhunwala. He favors equities in the retail, technology, finance, and medicines industries.

Rakesh Jhunjhunwala and Associates has more than 38 shares with a net worth of close to INR 20,000 crores, according to the most recent corporate interest filings.

Based on publicly accessible information, these are the shares held by Rakesh Jhunjhunwala and Associates. Due to the lack of complete participation, data tends to be missing in the final quarter.

Aptech

Aptech is a corporation that specializes in education and training. Aptech is a forerunner in the field of non-formal learning and education.

Since 2005, Jhunjhunwala has owned these shares and is gradually expanding his holdings. Jhunjhunwala and his family currently own 49% of Aptech.

Aptech had a wonderful year last year, with shares rising to Rs. 80 in March 2020, Rs. 237 in February 2021, and Rs. 196 last year.

Karur Bank

In India, Karur Vysya Bank is a scheduled commercial bank. In 1993, Rakesh Jhunjhunwala purchased a large portion of Karur Vasya Bank.

At the time, Karur Vysya Bank was a penny stock. In the past, Karur Vasya Bank shares have yielded huge returns. In fiscal 2020, KVB’s investment nearly doubled to GR197, which is profitable.

Federal Bank

Jhunjhunwala’s portfolio also includes Federal Bank, a planned commercial Indian private bank. This stock should be kept in stock for a long time.

Jhunjhunwala is where this stock is traded. He has already reported earnings on this stock. In fiscal 20-2021, Jhunjhunwala’s Federal Bank shares returned 107%.

NCC (Nagarjuna Construction)

The Nagarjuna Construction Company (NCC) is a construction firm that specializes in infrastructure. Jhunjhunwala has grown its position in NCC stock multiple times, with the shares currently trading at Rs 18 as of March 2020, implying a GR 394 return.

Prakash Pipes

Prakash Pipes is a plastics manufacturer with a tiny market capitalization. From the company’s inception in 2017, Rakesh Jhunjhunwala has owned Prakash shares.

Delta Corp

From 2016, Delta Corp’s CAGR profitability has been 418% in 2020-21 shares. It is India’s only publicly traded corporation dedicated to casino games. Despite the slowing hotel business, Delta Corps shares have returned 122% to investors in 2020-21.

Tata Motors 

Tata Motors is a multinational carmaker based in India. Rakesh Jhunjhunwala purchased the shares in September 2020.

Tata Motors’ stock has grown more than fivefold in the last year, implying that a one-lakh investment last year would now be worth five lakhs.

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