RAKESH JHUNJHUNWALA DEATH
Not Adani, Ambani or Tata: Modi stocks is biggest buzzword before election result
90% of Modi stocks have beaten Nifty in the election-focused rally over the last six months compared to only 42% of other companies outperforming, CLSA analysts said this may continue in case of a strong Lok Sabha election result.
Hungama Digital to raise Rs 50 crore through rights issue
Hungama plans to raise Rs 50 crore through a rights issue by March. Care Ratings revised its rating to negative due to weak performance and losses in FY23. The leading digital entertainment company has exclusive digital rights for 30 million titles.
Rekha Rakesh Jhunjhunwala portfolio: 3 stocks turn multibagger in 2023
An analysis of his portfolio shows that the investor's best performing stock is Tata Motors DVR which is up 138% so far in the calendar year. Rekha owned 1.92% stake in the company at the end of the September quarter.
Akasa Air: An airline with Jhunjhunwala's Midas touch is flying high. Where is it headed?
Akasa Air, India's young airline, has become the first airline in the global aviation industry to increase its fleet from zero to 20 aircraft within a year of operation. It is set to include a 20th plane in July, with a total of 72 planes expected by March 2027. While the short lifespan of most Indian airlines has made launching an airline in the country challenging, Akasa has increased its market share from 0.2% to 4.8%, flying 24,000 passengers in August 2020, rising to 629,000 in May 2021. It remains focused on long-term sustainability despite market competition.
Rekha Jhunjhunwala adds smallcap multibagger stock in fresh pick, accumulates more of Titan
Raghav Productivity Enhancers is one of the largest ramming mass producers in the world. Ramming mass is used as furnace refractory lining material for steel companies.
Top Businessmen India lost in 2022: From Rakesh Jhunjhunwala to Cyrus Mistry, these billionaires left the world
The sudden demise of several billionaires in 2022 also shook the Indian industry. The list includes the names of 11 billionaires including Rakesh Jhunjhanwala and Cyrus Mistry.
Two trailblazers who symbolise the evolution of India’s post-liberalisation financial markets
Anshu and Rakesh made outstanding contributions to India. In their own unique way, they put India on the financial map. Their special talents enabled them to succeed at a young age. But we have lost them much too soon. We will miss them dearly.
Rakesh Jhunjhunwala was about possibility that one can start with Rs 5,000 and make Rs 50,000 crore: Madhu Kela
“Jhunjhunwala showed that you can make money in the market with integrity, you do not have to do any manipulation, you do not have to do anything. The third thing he has shown was that the more you share, the more you prosper. Fourth, he said that relationships you make are very important.”
Rakesh Jhunjhunwala's stock holdings worth nearly $4 billion in focus after death
Jhunjhunwala was among the most influential market voices in Asia’s third-biggest economy, with an intense following among the nation’s growing horde of retail investors. The man also known as “Big Bull” was a fierce backer of the India growth story. His investing success earned him a cult-like following, with news of his trades occasionally sparking stocks to move by their daily limits.
India mourns Rakesh Jhunjhunwala: Anand Mahindra recalls his 'unshakeable patriotism'; Anil Kapoor says he misses his 'dear friend'
Uday Kotak shared that Jhunjhunwala was his school and college mate.
Ace investor Rakesh Jhunjhunwala passes away at 62
"Rakesh Bhaiya" to younger investors, Jhunjhunwala considered Radhakishan Damani, founder of retail chain DMart, as his investing guru and a very close friend.
RIP Big Bull: Rakesh Jhunjhunwala leaves behind unparalleled legacy on D-St
Jhunjhunwala once said 98 per cent of the money that he made in the stock market was by being a bull. When there's doom and gloom, don't forget there's darkness before dawn, he said the other day. His ever-bullish call on Indian stocks earned him titles such as “The Big Bull” or “India’s Warren Buffett” among his admirers. And rightly so
Jhunjhunwala had 6th sense about finding stock bargains: Raamdeo Agrawal
The ace trader-cum-investor had once said that he would even sell his wife's bangles to buy stocks that were trading really cheap.
Rakesh Jhunjhunwala had five role models but no real guru
Flamboyant and well-networked, the ‘Oracle of Dalal Street’ was close friends with another veteran investor Radhakishan Damani. Together, they were known as the ‘Jai and Veeru’ of Dalal Street. While fully respecting each other’s viewpoints, the two best friends would often take contrasting calls during their earlier trading days.
RIP Big Bull: Shankar Sharma says he's overcome by emotion
Sharma said Rakesh and he have fought publicly because of having different views, but yet they were good friends. In a difficult profession, one can disagree on views and yet be great friends, he said."That is the real mark of friendship and of your maturity as a human being that the views are all subjective and are very personal but your friendships
Rakesh Jhunjhunwala holdings: 32 stocks gave Big Bull a Rs 32,000 crore-portfolio
Jhunjhunwala also owned 36,250,000 shares or 1.09 per cent stake in Tata Motors and 40,00,000 shares or 5.48 per cent stake in Crisil, taking his personal holdings in the companies to Rs 1,731.1 crore and 1,301.9 crore, respectively.In the remaining companies, the worth of Jhunjhunwala's holdings were less than Rs 1,000 crore, despite owning more than 10 per cent stake in some of them.
Nirmala Sitharaman, Gautam Adani, others react to Rakesh Jhunjhunwala's demise
Fondly referred to as the Big Bull, the ace investor had been making his mark on Dalal Street since 1985 when the BSE Sensex was ruling at the 150 level. Starting his career with just Rs 5,000, Jhunjhunwala was worth $5.8 billion, as per Forbes.
Rakesh Jhunjhunwala was called ‘Bhaiya’ for a reason: Sunil Singhania
The late trader-cum-investor had been emphasising on how the domestic flows are going to increase in the market. “Here was a voice that would come and give solace during challenging times. You need someone who can give you the confidence to stay invested. Hats off to him. He was the pillar of growth of the equity cult in India, along with a few others,” he said.
Not Big Bull, Rakesh Jhunjhunwala was a rare lion: Vijay Kedia
"Ever since I came to Mumbai, my friendship with him has been consistent. We have had many fond memories of being together in the ring (during the open outcry days of BSE), chatting on the streets, as well as eating and drinking together," Kedia told ETMarkets.com.
Load More
