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 |
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.
Aug 10, 2022
Rakesh Jhunjhunwala is holding these penny stocks in his portfolio for several years now.
Jul 25, 2022
Ashish Kacholia's portfolio stock zooms around 700% in the last three years.
Jul 20, 2022
Ace investor Rakesh Jhunjhunwala is not as bullish as he was a year ago in this metal stock.
Jun 3, 2022
Ace investor Rakesh Jhunjhunwala sold 2.5 m shares of this gaming company.
Apr 28, 2022
Ace investor Ashish Kacholia overhauled his portfolio in March quarter. Here's everything you need to know...
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.
Aug 2, 2022
Ashish Kacholia is one of the leading investors in the Indian stock market, well-known for his stock picks in the small and midcap spaces.
Jul 23, 2022
Latest shareholding pattern for this tractor manufacturer showed that ace investor Rakesh Jhunjhunwala bought 1.8 m shares of the company.
Jul 12, 2022
Shares of this consumer durable company rally after ace investor Ashish Kacholia bought over 300,000 shares.
Apr 30, 2022
Shares of this refinery company hit upper circuit after ace investor Dolly Khanna bought 1 m shares.
Apr 26, 2022
What does my neighbour not flushing have to do with green energy? What's common between lemons and petrol? And how does a rise in defence stocks affect my marriage? Read on if you dare...