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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.

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Thursday, November 20, 2008

Rakesh Jhunjhunwala bought 10 lakh Aptech Shares between October 27 and November 4

Bharat Forge, Adani Enterprises, Aptech, SRF, West Coast Paper are a few notable examples where promoters have either hiked stakes or are planning to increase their shareholding through the creeping-acquisition route in the past few weeks. “Promoters are always in a better position to judge prospects of their own companies. It makes sense buying in the current market if they believe shares are available much cheaper than the true worth of their companies,” said Prithvi Haldea, managing director of Prime Database, a Delhi-based firm tracking primary market trend.

Aptech is another notable example where Rakesh Jhunjhunwala bought 10 lakh shares as persons acting in concert with Aptech Investments, between October 27 and November 4. The open market acquisitions have raised the total promoter holding from 32.3% to 34.5% in the company.

As per Sep 08 shareholding Pattern, Rekha Jhunjhunwala and Rakesh Jhunjhunwala are also the promoters of Aptech Ltd. Rekha Jhunjhunwala is holding 2,000,000 and Rakesh Jhunjhunwala is holding 7,00,000 Shares of Aptech Ltd.


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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.

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