Please read the DISCLAIMER at the bottom of the blog.

Rakesh Jhunjhunwala is considered to be the greatest investor in Indian Market. He is supposed to have made Rs 5000 crores by just investing Rs 5000 in Indian Stock Market. Rakesh Jhunjhunwala guru mantra to be successful in stock market is as enumerated below:

(a) He advises people to become interested in a stock when none is interested in the same stock. As per him BUY RIGHT & HOLD TIGHT for years to come. He has been holding few stocks for last 10 years and he is still minting money from those stocks.

(b) He further advises that one should not follow big investors blindly as their risk profile and long term goals with time frame may be difficult to be followed by retail investor.

(c) Market is supreme and every thing is reflected in the price and thus their is no point in fighting the trend as market is always right.

(d) One should be able to create a balance between the fear and greed.

(e) As per his words one has to learn the stock market trading as none can teach the market as stock market experience is the best teacher.

Thus follow Rakesh Jhunjhunwala advice in stock market, BE PATIENT and grow big like Warren Buffet or this iconic man from Dalaal Street.

If you subscribe to this blog with your email, you will get the post right in your INBOX moment it is posted on this blog. Do remember to activate the subscription in your email. GOOD LUCK.
There was an error in this gadget

Friday, November 14, 2008

Pantaloon Retail eyes 26 mn sq ft in 3-4 yrs


Pantaloon Retail will continue with its expansion plans despite the ongoing global recession. It is continuing with its expansion plan of expanding from 15 million sq ft to 26 million sq ft in the next 3–4 years. This will require an investment of USD 750 million.

Here is a verbatim transcript of Nayantara Rai's comments on CNBC-TV18. Also watch the accompanying video.

We might be in the midst of a global recession and shoppers might not exactly be going out on a shopping spree but Pantaloon Retail does seem to be gung-ho on its plans. It is continuing with its expansion plan of expanding from 15 million sq ft to 26 million sq ft in the next 3–4 years. This will require an investment of USD 750 million of which USD 150 million is going to be provided by the promoters and about USD 300–400 million from internal accruals and for USD 300 million Pantaloon Retail is open to a strategic investor–dilution of stake or leveraging further. But this is the first time that we have actually heard of Pantaloon Retail being open to a strategic investor.



As per Sep 08 share holding pattern of the company, Rakesh jhunjhunwala is holding 2,330,895 shares in the name of Jhunjhunwala Rekha Rakesh


Source


1 comment:

IndianStocksNews said...

Checkout Rakesh Jhunjhunwala's Latest Portfolio

http://www.indianstocksnews.com/2008/09/rakesh-jhunjhunwalas-latest-portfolio.html

DISCLAIMER

DISCLAIMER: The author is not a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time. While he believes his statements to be true, they always depend on the reliability of his own credible sources. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions, and that you confirm the facts on your own before making important investment commitments.

Website hit counters