Rakesh Jhunjhunwala The stock they were touching would have jumped a lot and its height was visible. For example, in 2002-03 Rakesh Jhunjhunwala bought “Titan Company Limited” at an average price of Rs.3 and currently the stock is trading at Rs.2140.
The stock that used to jump when he played
Would one be surprised to know that someone can build a huge empire of about 40 billion rupees in 5000 rupees? It seems impossible for us to even think that how can someone accumulate such a large amount of money with such a small amount. But this is not a big problem for Rakesh Jhunjhunwala, who calls himself the big bull of the country.
He studied from the small university, living in a small house
Rakesh Jhunjhunwala, who lives in a small house in Mumbai and studied in a small college, has done such wonders in the field of business that people come together day and night to solve his puzzles. Rakesh Jhunjhunwala, who established a huge empire with a very small amount, is not with us today.
But his personality and his way of working and thinking in the field of economics will always be an example for people and will inspire them to move forward.
Hidden meaning in the words of “rare” companies.
Rakesh Jhunjhunwala’s company was called Rare Enterprises. If we pay attention to the words of the name, then the first two letters of Rare, RA mean related to his name Rakesh, while the last two letters RE are related to Rekha, who is the Ardhangini of Rakesh Jhunjhunwala, this means that Rekha is His wife.
Behind every successful person is the hand of a woman
It is said that behind every successful person there is a woman. This proverb proves to be true for Rakesh Jhunjhunwala, because his wife Rekha also contributed a lot to his success.
It was because of the mutual bonding between husband and wife that Rakesh Jhunjhunwala started his business with a small amount of ₹5000 and established a huge empire making it 40000 crores. Let us know the hard work and reason behind establishing this empire of Rakesh Jhunjhunwala.
If you have some knowledge related to the stock market, you must have heard the name multibagger stock. These stocks are stocks that start with small shares, but if you continue to invest in them for a long period, even your small amount can turn into thousands of euros. Jhunjhunwala was the master man in the matter of these existences. During his stock marketing days, Rakesh Jhunjhunwala invested amounts in several multibagger stocks at a time.
These stocks used to form a significant part of his portfolio. People also often chose these stocks, in which Rakesh Jhunjhunwala used to invest. People investing in the stock market just waited for Rakesh Jhunjhunwala to take the name of that stock and whatever stock name came out of his mouth, people started investing in that stock.
how the empire was built
In Amrit Mahotsav, there is a pile of garbage under the tricolor, the police is also concentrating on the pile of garbage
Disha Patani is trying to forget Tiger Shroff, shares never-before-seen pictures of her bedroom
It is said that whatever stocks Rakesh Jhunjhunwala touched or put his hands on, those stocks were bound to rise. And in other words, in whatever stock Rakesh Jhunjhunwala had invested his money, he would have seen the height of those stocks.
For example, Rakesh Jhunjhunwala bought Titan Company Limited in 2002 and 2003 at a price of just Rs 3, today its price is Rs 2140. Jhunjhunwala has more than 4 million shares of Titan Company available. If we talk about Jhunjhunwala’s shareholding, then his shareholding in Titan Company is 5.1 percent as on March 2022. There are many examples which prove that Rakesh Jhunjhunwala was the master man of the stock market.
In 2006, Rakesh Jhunjhunwala also invested in a pharmaceutical company, Lupin, then his purchase price was ₹150, today this pharmaceutical company is trading at ₹635. Rakesh Jhunjhunwala has more multibagger stocks in his portfolio which include company names like Crisil, Praj India, Aurobindo Pharma, NCC.
You must have heard this anecdote from Rakesh Jhunjhunwala about how he earned 50 million rupees in just 8 days. This incident was the merger of ZEE Entertainment and SONY.
Jhunjhunwala invested in ZEE Stock and in 8 days earnings have crossed 50 million.
Let us know the names of 10 actions of Rakesh Jhunjhunwala, due to which he reached heights in the field of economics. Here are the top 10 actions of Jhunjhunwala:
- Bilcare Limited
- Canara Bank
- Geojit Financial Ltd.
- jubilant ingravity
- Prozone Into Properties Ltd.
- Indiabulls Real Estate.
- Titan Company Limited.
- MAN INFRASTRUCTURE LTD.
- NCC Ltd.
- Fortis Healthcare Ltd.