Rakesh Jhunjhunwala Latest Portfolio Q2 2017

Rakesh Jhunjhunwala, the pied piper of the Indian stock markets, started his investment career with an initial investment of Rs.5000 in 1985, when is age was 25 and BSE Sensex was at just at 150. He made his first break through in 1986 when he sold out 5,000 shares of Tata Tea at a price of Rs 143 which he had purchased for Rs 43 a share just 3 months prior. Between 1986 and 1989, he had earned Rs 20–25 million. His first major successful bet was iron mining company Sesa Goa.
Rakesh Jhunjhunwala
He bought 4,00,000 shares of Sesa Goa  @ Rs.25 in forward trading, worth Rs 1 crore and sold about 2-250,000 shares at Rs 60–65 and another 100,000 at Rs 150–175. This made is networth to Rs. 2.5 crores. Jhunjhunwala bought 6 crore shares of  Titan in 2002-03 at an average price of around Rs 3. The stock is currently trading at Rs. 470 (after 2:1 split) level and his investment value is now 3300 crores.  In 2006 he bought lupin around 150 Rs which is now trading at 1400 levels. 

Rakesh Jhunjhunwala's Latest Portfolio September 2017



Where Rakesh Jhunjhunwala Stands Now

From a humble beginning of Rs. 5000, as of today Rakesh Jhunjhunwala is the most wealthiest individual shareholder in Indian stock market with a net-worth of more than 11000 crore!! Kindly note that shareholding percentage given above includes the holdings of his wife Mrs. Rekha as well. This post will be updated after 1st quarter results of 2016.

Last year, during the time of Dana Utsav or Joy of Giving Week in October, Rakesh Jhunjhunwala openly made a vow that he had decided to give away Rs 5,000 crore or 25 percent of his total wealth, whichever is lower, to philanthropy when he turns 60 on July 5, 2020. Rakesh gave credits to his father for such a brave decision.
"My father was always not concerned about how much wealth I have. Everyday what he would ask me is, how much have you given this year in charity and how much taxes have you paid. He was financially independent. He said, 'I don’t want anything from you but I will seek money from you for charity'. When he passed away in 2008, I really missed him, and I thought that the greatest homage I could give him is to give. I have to create an organisation that will be able to use this money in a way that can really make a difference to the society".

Rakesh Jhunjhunwala Portfolio Holding Allocation 



Rakesh Jhunjhunwala Recent Portfolio Changes

Fresh Buy in Below Stocks

  1. JUBILANT LIFE SCIENCES LIMITED
  2. JAIPRAKASH ASSOCIATES LTD
  3. BILCARE LTD

Exited From Below Stocks

  1. Tata motors DVR
  2. Mcnally Bharat Engg Company
 Increased Below Stocks
  1. AUROBINDO PHARMA LTD
  2. LUPIN LTD
  3. RALLIS INDIA LTD
Decreased Below Stocks 
  1. Edelweiss Financial Services Ltd
  2. FEDERAL BANK LTD
  3. FIRSTSOURCE SOLUTIONS LTD
  4. Geojit Financial Services Ltd
  5. NCC Limited
  6. PRAKASH INDUSTRIES LTD
  7. Titan Company Limited
  8. TV18 BROADCAST LTD

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1 comments:

  1. Why no update for june quarter ?

    ReplyDelete