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