Mumbai: Rakesh Jhunjunwala-backed Concord Biotech launched its IPO Friday, joining the ranks of the late billionaire’s other private investment portfolio companies such as Star Health, Metro Brands and Nazara Technologies that have gone public in the past couple of years. The ace investor often called India’s Warren Buffet, first invested in Concord in 2004 and … Read more
ICICI Direct has given a buy rating to the Jhunjhunwala stock Star Health and Allied Insurance, for a target price of Rs 850, which implies an upside of 23% from the current levels. The company is the largest standalone insurer engaged in the health insurance segment with relatively superior market share and operating performance. Star … Read more
While most brokerages are bullish on , the largest holding of the billionaire Jhunjhunwala family, HDFC Securities sees the multibagger stock dropping up to 25% to Rs 2,050. “While Titan’s execution has been on point, it has benefited from a sharp gold price rise over FY19-22. The lion’s share of this price tailwind seems to … Read more
NEW DELHI: If somebody had asked Rakesh Jhunjhunwala ‘sir market ka kya lagta hai’, (How does the market seem), his typical response would have been – ‘the mother of all bull markets is coming’. The epitome of the eternal bull on Dalal Street has left the throne of ‘Big Bull’ empty with hardly any contenders … Read more
For millions of investors and traders across India and the rest of the world, Rakesh Jhunjhunwala was the ‘Big Bull’ of Dalal Street, but for those who knew him personally, he was just “Rakesh Bhaiya” – an overweight man with a big heart and short temper. Known for frank views on markets and making intuitive … Read more
Dalal Street legend Rakesh Jhunjhunwala died on Sunday. An established trader, renowned investor and a chartered accountant by profession, he entered the equity markets with just Rs 5,000 in 1985. On the day of his death, Jhunjhunwala’s net worth is estimated at $5.5 billion, roughly Rs 43,800 crore, making him the 36th richest person in … Read more
Chennai-based Dolly Khanna, whose portfolio is managed by her husband Rajiv Khanna, picked up stocks such as Chennai Petroleum Corporation, National Oxygen and Monte Carlo Fashions. Chennai Petroleum surged 145% in the June quarter amid rising crude oil prices. Source link
New Delhi: Ace investor Rakesh Jhunjhunwala likely exited the state-run aluminium miner () during the June 2022 quarter. According to the company’s latest filing, Jhunjhunwala’s name was missing from the key shareholders’ list as of June 30, 2022. Listed companies are obliged to release the name of shareholders holding one per cent or more stake … Read more
New Delhi: After a steep decline, water treatment company has been on a high lately, thanks to strong order wins. The company is among ace investor Rakesh Jhunjhunwala‘s top bets as his better half Rekha Rakesh Jhujhunwala owned 50 lakh equity shares or an 8.04 per cent stake in the company as of March 31, … Read more
New Delhi: Ace investor Rakesh Jhunjhunwala has trimmed his stake in the casino and recreation company , suggest media reports. According to ET Now, Jhunjhunwala, often called Big Bull, sold 25 lakh shares of Delta Corp between May 27-31. His holding in the company declined to 6.2 per cent from 7.5 per cent earlier. https://twitter.com/ETNOWlive/status/1531929870581653509?s=20&t=TXO_vqMNqqwZwqVuQRFpLw … Read more