May 2020 rakesh jhunjhunwala latest portfolio holdings. Here follows the performance of the rakesh jhunjhunwala portfolio. Rakesh jhunjhunwala latest portfolio changes and his. 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. Ashok jhunjhunwala was born in kolkata on 22 june 1953 in a marwari family. A qualified chartered accountant, he invests in both his own name and his wifes, rekha jhunjhunwala. For fy12, we expect tax rate to increase to 20% vs about 4% in fy11.
His conviction in the future of india is spellbinding to say the least. May 23, 2009 the most visible, albeit minor, changes made by jhunjhunwala to his portfolio indicate a trend towards defensive sectors. Rakesh jhunjhunwala latest portfolio 2018 multibagger stocks. 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. Nov 17, 2012 geometric, promoted by the godrej group is a decent bet in midcap space. Jan 15, 2006 geometric software solutions limited5. To illustrate, the profitability of infosys fluctuates primarily with global demand for software services.
With this latest acquisition, his take in the comp. He said that the market breadth has improved in the last two months. Geometric provides both its services and products to a variety of customers in japan, europe and the united states. Rakesh jhunjhunwala latest news on rakesh jhunjhunwala. Latest rakesh jhunjhunwala shareholdings and portfolio. Jan 14, 2008 rakesh jhunjhunwalas latest portfolio.
Geometric reported mediocre results in the quarter ended march 2010 geometric s consolidated operating revenues increased by 2. Rakesh jhunjhunwala settles insider trading case adjudication proceedings were started in 2017 for alleged violation of pit in case of geometric ltd. Geometric declared decent first quarter 2011 results. Rakesh jhunjhunwala portfolio, holdings, stock, shares. Rakesh jhunjhunwala shareholdings and portfolio as on december. Colors in blue represent stocks where holdings have gone up and in red represent stocks where holdings have gone down piquant observations. 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. He has good gambling instinct and can predicts the futur. 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. Rakesh jhunjhunwala latest portfolio changes and his strategy. 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. The stock has had a 52week high of rs 207 and a low of rs 101. Rakesh jhunjhunwala birth chart rakesh jhunjhunwala kundli.
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. Investor with a midas touch, rakesh jhunjhunwala is often referred to as indias warren buffett. On 10th august 2016, he bought 7 lakh stocks of the company at an average rate of rs 91. Jun 12, 2019 jhunjhunwala is holding this stock since 20. Passion and love for what you do is the key to success, says rakesh jhunjhunwala, chairman, aptech limited. In attendance were wellknown names like ramesh damani, raamdeo agarwal, manish chokhani, sanjoy bhattacharyya, bharat shah, r sukumar and others. He recommended three stocks being tata infomedia, geometric software and titan ltd. Rakesh jhunjhunwala probably considers it the dark horse among the it midcaps. In cnbctv18s popular show bulls eye, sp tulsian, shares trading strategy of the day. 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. Geometric ltd surged over 8% on tuesday on reports rakesh jhunjhunwala has bought close to 10 lakh shares of geometric through two. So, how did a regular guy from mumbai with just rs 5,000 became one of the most successful stock investors in indian history. Rakesh jhunjhunwala, 53, indias most distinctive investor with a net worth of more than usd 1 billion.
One of rakesh jhunjhunwalas latest purchase is aptech, a software company. One of the smartest investors in india believes in the benefits of portfolio concentration. Mar 28, 2014 rakesh jhunjhunwala plunged into fulltime investing soon after completing his education. Rakesh jhunjhunwala born 5 july 1960 is an indian investor and trader and manages the asset firm rare enterprises. This is a fan site where we learn rakesh jhunjhunwala s techniques of how to buy multibagger stocks. For the march 06 to june 06 period his holdings in jb chemicals and geometric software has substantially increased. Geometric s q1 consolidated net sales were up at rs 5 crore as compared to rs 129 crores. The apartments were reportedly given as incentives to bank executives earlier. Billionaire investor rakesh jhunjhunwala and his wife together own 19 per cent in. Rakesh jhunjhunwala, chairman, aptech limited, chose a. Billionaire rakesh jhunjhunwala buys building in mumbai for. Sep 21, 2012 indian equity investor rakesh jhunjhunwala has acquired 4. Following jhunjhunwala may not always lead to riches firstpost. Godrej may sell geometric to hcl technologies, it news, et cio.
Rakesh jhunjhunwala plunged into fulltime investing soon after completing his education. The most visible, albeit minor, changes made by jhunjhunwala to his portfolio indicate a trend towards defensive sectors. On 15th november 2003, capital ideas online organized a conclave of distinguished luminaries from the stock market to offer stock recommendations to novice investors. Rakesh jhunjhunwalas latest portfolio investing in. So one can rest well in the confidence that ones hard earned money will not be. Son of an income tax officer, jhunjhunwala started dabbling in stocks while still in college.
Jhunjhunwala had earlier bought six apartments in the building, from hsbc for a whopping rs 176 crore in 20. Our dcf based price target for geometric works out to rs. Stocksshares held by rakesh jhunjhunwala, rakesh jhunjhunwala stockshare holding pattern updates. The name rakesh jhunjhunwala conjures up many images for the markets. He mostly rely on board of directors rather than balance sheet. Rakesh jhunjhunwala success story rs 5,000 to rs 19,000. Rakesh jhunjhunwalas latest portfolio investing in value. Rakesh jhunjhunwala stock gives magnificent returns in last. It is no secret that ramesh damani is a great fan of the godrej family and rightly so. Jhunjhunwala tops up titan, rallis stake, lowers in crisil. Mar 12, 2018 billionaire investor rakesh jhunjhunwala has raised his stake in geometric by acquiring an additional stake of 3. As expected, rakesh jhunjhuwala s investment rationale was flawless. Geometric s consolidated net profit was up at rs 10. Sep 24, 2012 indian equity investor rakesh jhunjhunwala has acquired 4.
His grandfather was a gandhian and a close associate of vinoba bhave and worked with mahatma gandhi. 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. Rakesh jhunjhunwala bets big on dark horse geometric ltd.
From september last year, he raised his stake in geometric, which provides engineering services to clients such as abb, daimlerchrysler and toshiba. Rakesh jhunjhunwala bets big on dark horse geometric ltd posted on. Oct 21, 2012 jhunjhunwala tops up titan, rallis stake. How to know about the shares owned by jhunjhunwala. The bulk of the gains have come in the past three months when geometric spurted.
Instead, he tanked up more in geometric software, autoline industries, a2z maintenance, delta corp and viceroy hotels. Jhunjhunwala adds stake in geometric the hindu businessline. Dhruv astro software brings you the most advanced astrology software features, delivered from cloud. He manages his own equity portfolio as a partner in asset management firm rare enterprises. Hcl tech buys geometric for rs 1,283 crore times of india.
Rakesh jhunjhunwala bets big on dark horse geometric ltd this article was posted on nov 16, 2012 and is filed under stock news mumbai. Ace investor rakesh jhunjhunwala, together with his wife, holds around 18. Rakesh jhunjhunwala ups stake in geometric, shares up 8% the. Rakesh jhunjhunwala shareholdings and portfolio as on march 31. Rakesh jhunjhunwalas latest portfolio january 2019 where rakesh jhunjhunwala stands now from a humble beginning of rs. So there is a very little chance of tool being used by him to select stocks. He manages his own equity portfolio as a partner in asset management firm rare. Geometric geometric is software company deals in engineering services and technology related business. May 11, 2020 rakesh jhunjhunwala, 59, indias most successful equity investor who made 2. May 18, 2017 rakesh jhunjhunwala is investor and not a trader. This is a fan site where we learn rakesh jhunjhunwalas techniques of how to buy multibagger stocks. Rakesh jhunjhunwala is an indian billionaire investor and trader. Billionaire rakesh jhunjhunwala buys building in mumbai. Aptech is engaged in providing it training services.
He manages his own portfolio as a partner in his asset management firm, rare enterprises. See the most recent bulk and block deals made by rakesh jhunjhunwala on bse and nse. 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. The portfolio holdings of rakesh jhunhjunwala along with percentages held are listed below. 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. 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. Rakesh has a special corner for companies that are engaged in. Read more about jhunjhunwala tops up titan, rallis stake, lowers in crisil on business standard. 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. If there is one man who can make everyone sit up and listen to him, its rakesh jhunjhunwala. It is rare to find a business family as professional and honest as 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. A stones throw from the mumbai headquarters of indias largest software exporter tata consultancy servicesbse 2.
Geometric, promoted by the godrej group is a decent bet in midcap space. While geometrics management might be getting ready to hand over the baton to hcls top brass, its investors are not going anywhere. Rakesh jhunjhunwalas investing journey is legendary. Its currently trading at a pe of 36, overvalued as rakesh jhunjhunwala holds stake in it. A rs 640 crore, it services company, geometric is promoted by the godrej. Rakesh jhunjhunwala stock gives magnificent returns in. 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. The first is that geometric is owned by the godrej family. Indias fourth largest software exporter hcl technologies is expected to merge geometric with itself. What jhunjhunwala does, the market seems to follow with utmost keenness. Rakesh jhunjhunwala latest portfolio 2019 indian hidden gems. It runs at zero debt with 35 crores cash in hand which makes it a safe bet. Rakesh jhunjhunwala ups stake in godrej group firm geometric. 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. For instance, rakesh jhunjhunwala has maintained his holding with his stake moving down marginally to 18. Godrej may sell geometric to hcl technologies latest. 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. In the past, rakesh jhunjhunwala has given a number of stock tips like titan industries, geometric, bilcare, tata motors, aurobindo pharma and dhfl. 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. He started his career in 1985 when the bse sensex was at 150. Also, adi godrej and tanya dubashgodrej family is well known for its integrity. He is one of the most popular and respected equity investor of india. Hcl technologies to acquire geometric in all share deal. Geometric stock discussion forum online india, can i buy. Rakesh jhunjhunwala birth chart rakesh jhunjhunwala. 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.
Rakesh has a special corner for companies that are engaged in consumer. 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. Following jhunjhunwala may not always lead to riches. Rakesh jhunjhunwala is a wise man with uncommon intelligence.
Billionaire investor rakesh jhunjhunwala has raised his stake in geometric by acquiring an additional stake of 3. Geometric has given 104% returns in last one year to rakesh jhunjhunwala. His highpitched rhetoric transfixes all who listen to him, mainly because he passionately believes something that we would all like to believe as well. However, geometrics eps for the year increased from inr 0. He exuded confidence that the product lifecycle management space in which geometric was involved would be the biggest element of enterprise software. Jm financial is advising geometric on the transaction. Rakesh jhunjhunwala, the badshah of dalal street, was obviously the star of the show and the cynosure of all eyes. Indian equity investor rakesh jhunjhunwala has acquired 4. Mar 18, 2017 jhunjhunwala had earlier bought six apartments in the building, from hsbc for a whopping rs 176 crore in 20.
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