Rakesh jhunjhunwala portfolio, holdings, stock, shares. Rakesh jhunjhunwala latest news on rakesh jhunjhunwala. Rakesh has a special corner for companies that are engaged in consumer. Geometric declared decent first quarter 2011 results. With this latest acquisition, his take in the comp. Ace investor rakesh jhunjhunwala has raised his stake in companies like titan industries, rallis india, agro tech and geometric software, while adding db realty to his estimated billion. In attendance were wellknown names like ramesh damani, raamdeo agarwal, manish chokhani, sanjoy bhattacharyya, bharat shah, r sukumar and others. Latest rakesh jhunjhunwala shareholdings and portfolio. Rakesh jhunjhunwala birth chart rakesh jhunjhunwala. Also, adi godrej and tanya dubashgodrej family is well known for its integrity. Rakesh jhunjhunwala is an indian billionaire investor and trader. Stocksshares held by rakesh jhunjhunwala, rakesh jhunjhunwala stockshare holding pattern updates.
Jun 12, 2019 jhunjhunwala is holding this stock since 20. Hcl tech, indias fourthlargest it services company, will issue 10 equity shares of rs 2 each to geometric shareholders for every 43 equity shares of. The apartments were reportedly given as incentives to. When mr jhunjhunwala invests, it is generally in unloved small and midcap stocks, such as geometric, zen technologies and aptech in the software sector, consumer goods companies such as agrotech foods and titan watches, and service companies such as tops securities and a school management firm. One of rakesh jhunjhunwalas latest purchase is aptech, a software company.
Maybe, now that rakesh jhunjhunwala has a big chunk he was already the single largest shareholder of geometric with a 8% shareholding, he will be able to whip the management of geometric into shape and get them to perform like titan industries. How to know about the shares owned by jhunjhunwala. May 23, 2009 the most visible, albeit minor, changes made by jhunjhunwala to his portfolio indicate a trend towards defensive sectors. Mar 28, 2014 rakesh jhunjhunwala plunged into fulltime investing soon after completing his education. Geometric reported mediocre results in the quarter ended march 2010 geometric s consolidated operating revenues increased by 2.
The name rakesh jhunjhunwala conjures up many images for the markets. Rakesh jhunjhunwala shareholdings and portfolio as on march 31. Here follows the performance of the rakesh jhunjhunwala portfolio. Dhruv astro software brings you the most advanced astrology software features, delivered from cloud. Rakesh jhunjhunwala plunged into fulltime investing soon after completing his education. Rakesh has a special corner for companies that are engaged in. A qualified chartered accountant, he invests in both his own name and his wifes, rekha jhunjhunwala. Rakesh jhunjhunwalas first stock pick in 2003 was geometric software which he felt was, unlike other small software companies, in a space in which there can be no encroachment. Godrej may sell geometric to hcl technologies latest. Apr 02, 2016 hcl tech, indias fourthlargest it services company, will issue 10 equity shares of rs 2 each to geometric shareholders for every 43 equity shares of geometric of rs 2 each held by them. However, geometrics eps for the year increased from inr 0. Rakesh jhunjhunwalas investing journey is legendary. Rakesh jhunjhunwala, the badshah of dalal street, was obviously the star of the show and the cynosure of all eyes.
Rakesh jhunjhunwala born 5 july 1960 is an indian investor and trader and manages the asset firm rare enterprises. As expected, rakesh jhunjhuwala s investment rationale was flawless. See the most recent bulk and block deals made by rakesh jhunjhunwala on bse and nse. Rakesh jhunjhunwala latest portfolio changes and his strategy. His grandfather was a gandhian and a close associate of vinoba bhave and worked with mahatma gandhi. Rakesh jhunjhunwalas latest portfolio investing in value. Colors in blue represent stocks where holdings have gone up and in red represent stocks where holdings have gone down piquant observations.
Rakesh jhunjhunwalas latest portfolio investing in. Sep 21, 2012 indian equity investor rakesh jhunjhunwala has acquired 4. He said that the market breadth has improved in the last two months. Dec 20, 2014 the newspaper says that jhunjhunwala completely exited shares such as karur vysya bank, ion exchange, hind oil exploration and reliance broadcast, and reduced his holdings in vip industries see here. Rakesh jhunjhunwala bets big on dark horse geometric ltd this article was posted on nov 16, 2012 and is filed under stock news mumbai. He started his career in 1985 when the bse sensex was at 150. Jan 14, 2008 rakesh jhunjhunwalas latest portfolio. Geometric geometric is software company deals in engineering services and technology related business.
Rakesh jhunjhunwala bets big on dark horse geometric ltd. So, how did a regular guy from mumbai with just rs 5,000 became one of the most successful stock investors in indian history. Jhunjhunwala had earlier bought six apartments in the building, from hsbc for a whopping rs 176 crore in 20. Following jhunjhunwala may not always lead to riches. Instead, he tanked up more in geometric software, autoline industries, a2z maintenance, delta corp and viceroy hotels.
He manages his own equity portfolio as a partner in asset management firm rare enterprises. It runs at zero debt with 35 crores cash in hand which makes it a safe bet. Rakesh jhunjhunwala settles insider trading case adjudication proceedings were started in 2017 for alleged violation of pit in case of geometric ltd. Rakesh jhunjhunwala had good reason to shame geometric by calling it a disaster because since that fateful day of 6th november 2003 when geometric was quoting at rs. From september last year, he raised his stake in geometric, which provides engineering services to clients such as abb, daimlerchrysler and toshiba. Geometric s q1 consolidated net sales were up at rs 5 crore as compared to rs 129 crores.
The stock has had a 52week high of rs 207 and a low of rs 101. Ace investor rakesh jhunjhunwala has raised his stake in companies like titan industries, rallis india, agro tech and geometric software, while adding db realty to his estimated billiondollar portfolio. A qualified chartered accountant, he invests in both his own name and his wifes, rekha jhunjhunwala jhunjhunwala has been described as indias warren buffett, and his investments are closely tracked by the media. On 10th august 2016, he bought 7 lakh stocks of the company at an average rate of rs 91. Geometric, promoted by the godrej group is a decent bet in midcap space. Sep 24, 2012 indian equity investor rakesh jhunjhunwala has acquired 4. Rakesh jhunjhunwala stock gives magnificent returns in last. Rakesh jhunjhunwala success story rs 5,000 to rs 19,000. Rakesh jhunjhunwala ups stake in geometric, shares up 8% the. Hcl tech buys geometric for rs 1,283 crore times of india. Rakesh jhunjhunwala stock gives magnificent returns in. Jhunjhunwala tops up titan, rallis stake, lowers in crisil. Godrej may sell geometric to hcl technologies, it news, et cio.
Except when theyve made an investment or bought shares worth atleast 1% or in short a stake of 1% or more in a single stock. A stones throw from the mumbai headquarters of indias largest software exporter tata consultancy services is the office of the ceo of geometric ltd, on which maverick investor rakesh jhunjhunwala is betting big, for reasons clear only to him. He is one of the most famous and respected equity investors in india and manages his own portfolio as a partner in his asset management firm, rare enterprises. While geometrics management might be getting ready to hand over the baton to hcls top brass, its investors are not going anywhere.
Geometric s consolidated net profit was up at rs 10. Indias fourth largest software exporter hcl technologies is expected to merge geometric with itself. For fy12, we expect tax rate to increase to 20% vs about 4% in fy11. Ace investor rakesh jhunjhunwala, together with his wife, holds around 18. To illustrate, the profitability of infosys fluctuates primarily with global demand for software services. Rakesh jhunjhunwala birth chart, rakesh jhunjhunwala kundli and rakesh jhunjhunwala horoscope by based date of birth, time of birth and place of birth of rakesh jhunjhunwala. He mostly rely on board of directors rather than balance sheet. Ashok jhunjhunwala was born in kolkata on 22 june 1953 in a marwari family. Its currently trading at a pe of 36, overvalued as rakesh jhunjhunwala holds stake in it. Rakesh jhunjhunwala probably considers it the dark horse among the it midcaps. Jm financial is advising geometric on the transaction. Aptech is engaged in providing it training services. For instance, rakesh jhunjhunwala has maintained his holding with his stake moving down marginally to 18. Billionaire investor rakesh jhunjhunwala has raised his stake in geometric by acquiring an additional stake of 3.
Rakesh jhunjhunwala birth chart rakesh jhunjhunwala kundli. May 11, 2020 rakesh jhunjhunwala, 59, indias most successful equity investor who made 2. He recommended three stocks being tata infomedia, geometric software and titan ltd. One of the smartest investors in india believes in the benefits of portfolio concentration. He manages his own equity portfolio as a partner in asset management firm rare. Our dcf based price target for geometric works out to rs. The bulk of the gains have come in the past three months when geometric spurted. Nov 17, 2012 geometric, promoted by the godrej group is a decent bet in midcap space. The portfolio holdings of rakesh jhunhjunwala along with percentages held are listed below. Jan 15, 2006 geometric software solutions limited5. Read more about jhunjhunwala tops up titan, rallis stake, lowers in crisil on business standard. Geometric has given 104% returns in last one year to rakesh jhunjhunwala. The most visible, albeit minor, changes made by jhunjhunwala to his portfolio indicate a trend towards defensive sectors.
Billionaire rakesh jhunjhunwala buys building in mumbai for. Billionaire investor rakesh jhunjhunwala and his wife together own 19 per cent in. Hcl tech, indias fourthlargest it services company, will issue 10 equity shares of rs 2 each to geometric shareholders for every 43 equity shares of geometric of rs 2 each held by them. After all other luminaries had made their recommendations, the badshah offered his. Jhunjhunwala adds stake in geometric the hindu businessline.
Mar 12, 2018 billionaire investor rakesh jhunjhunwala has raised his stake in geometric by acquiring an additional stake of 3. He is one of the most popular and respected equity investor of india. Rakesh jhunjhunwala bets big on dark horse geometric ltd posted on. Following jhunjhunwala may not always lead to riches firstpost. Investor with a midas touch, rakesh jhunjhunwala is often referred to as indias warren buffett. Rakesh jhunjhunwala ups stake in godrej group firm geometric. So one can rest well in the confidence that ones hard earned money will not be. The first is that geometric is owned by the godrej family. In an exclusive interview with et nows nikunj dalmia, jhunjhunwala talked on various issues ranging from budget wishlist, tata vs mistry, bubble asset and sectors to bets.
It is rare to find a business family as professional and honest as the godrej family. In cnbctv18s popular show bulls eye, sp tulsian, shares trading strategy of the day. May 2020 rakesh jhunjhunwala latest portfolio holdings. Billionaire rakesh jhunjhunwala buys building in mumbai. His conviction in the future of india is spellbinding to say the least. A stones throw from the mumbai headquarters of indias largest software exporter tata consultancy servicesbse 2. The newspaper says that jhunjhunwala completely exited shares such as karur vysya bank, ion exchange, hind oil exploration and reliance broadcast, and reduced his holdings in vip industries see here. Rakesh jhunjhunwala shareholdings and portfolio as on december. Rakesh jhunjhunwala is a wise man with uncommon intelligence. For the march 06 to june 06 period his holdings in jb chemicals and geometric software has substantially increased. So there is a very little chance of tool being used by him to select stocks.
Rakesh jhunjhunwala gets reprieve from sebi over insider. The apartments were reportedly given as incentives to bank executives earlier. He manages his own portfolio as a partner in his asset management firm, rare enterprises. Geometric ltd surged over 8% on tuesday on reports rakesh jhunjhunwala has bought close to 10 lakh shares of geometric through two. Rakesh jhunjhunwala, 53, indias most distinctive investor with a net worth of more than usd 1 billion. Rakesh jhunjhunwala tips are offered occasionally whenever it is felt that an opportunity arises to buy a stock which is fundamentally strong and is quoting at reasonable valuations. In the past, rakesh jhunjhunwala has given a number of stock tips like titan industries, geometric, bilcare, tata motors, aurobindo pharma and dhfl. Rakesh jhunjhunwalas latest portfolio january 2019 where rakesh jhunjhunwala stands now from a humble beginning of rs. Oct 21, 2012 jhunjhunwala tops up titan, rallis stake.
He studied in st lawrence high school in kolkata formerly calcutta in india, completing the higher secondary examination in 1970. Ace investor rakesh jhunjhunwala and his wife who together own 19%, are likely to sell or pare their hol dings in separate open mar ket transactions with the ac quirer. May 01, 2020 rakesh jhunjhunwala, 53, indias most distinctive investor with a net worth of more than usd 1 billion. Geometric stock discussion forum online india, can i buy.
If there is one man who can make everyone sit up and listen to him, its rakesh jhunjhunwala. He has good gambling instinct and can predicts the futur. Rakesh jhunjhunwala latest portfolio 2019 indian hidden gems. Hcl technologies to acquire geometric in all share deal. This is a fan site where we learn rakesh jhunjhunwalas techniques of how to buy multibagger stocks. May 18, 2017 rakesh jhunjhunwala is investor and not a trader. A rs 640 crore, it services company, geometric is promoted by the godrej. Passion and love for what you do is the key to success, says rakesh jhunjhunwala, chairman, aptech limited. His highpitched rhetoric transfixes all who listen to him, mainly because he passionately believes something that we would all like to believe as well. Son of an income tax officer, jhunjhunwala started dabbling in stocks while still in college. It is no secret that ramesh damani is a great fan of the godrej family and rightly so.
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