Not only Rakesh Jhunjhunwala, his wife Rekha Jhunjhunwala is also a big investor in the stock market. He has a large portfolio of good quality stocks.
Jhunjhunwala Family Investment:
Not only Rakesh Jhunjhunwala, his wife Rekha Jhunjhunwala is also a big investor in the stock market. He has a large portfolio of good quality stocks. However, most of the stocks are such in which both Rakesh Jhunjhunwala and Rekha Jhunjhunwala have a stake. Decisions regarding new investments or sell-offs in the Jhunjhunwala family’s stock market have great significance for common investors. There are many stocks in which Jhunjhunwala family has seen good growth as soon as they invest their money. Many common investors invest money by looking at the portfolio of this family. In such a situation, a decision of Jhunjhunwala can change the fortunes of investors too.
Rekha Jhunjhunwala’s investment shares also shined in luck
There are many such stocks including Tata Tea, Titan Company, Va Tech Wabag Ltd., Tata Communications, which have seen a significant rise after the Jhunjhunwala family’s investment. It also includes VA Tech Wabag Ltd, a share invested by Rekha Jhunjhunwala. Rekha Jhunjhunwala had bought 8 percent stake in this stock in the September quarter of last year. In the last 1 year, this stock has given a return of about 240 percent.
At the same time, Rekha Jhunjhunwala had bought 1 percent stake in Tata Communications in the December quarter. The stock has given a return of 117 per cent in the last one year.
In the December quarter, he bought a 1.1 percent stake in Indian Hotels Company. In the last 1 year, this stock has given about 80 percent return.
Rakesh Jhunjhunwala’s favorite stock made rich
Titan Company is Rakesh Jhunjhunwala’s most preferred stock. Rakesh Jhunjhunwala had bought 6 crore shares in Titan Company during 2002-03. He got these shares at the price of Rs. Today the share of Titan Company has reached the price of Rs 1750. In this sense, the company’s stock has got a return of 583 times. Apart from Titan, many stocks of his choice have become multibagger.
Big profit earned for the first time in Tata Tea
Rakesh Jhunjhunwala had earned a good amount by investing money in Tata Tea in 1986. Then he bought 5000 shares of Tata Tea at a price of Rs 43. After 3 months the stock became Rs 143. He had made a profit of Rs 5 lakh. He had also earned 10 lakh rupees in the share of Sesa Goa.
