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.

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Tuesday, November 25, 2008

Titan to open 300 outlets in three years( Part of rakesh Jhunjhunwala Portfolio)


Titan Industries (
Rakesh Jhunjhunwala is also holding) has plans to open 300 retail stores for its 'Titan Eye' in the next three years across the country, a senior company official said today.

The company would add another 20 exclusive optical showrooms in the current fiscal, Titan Industries Integrated Retail Services Vice President V Govindaraj told reporters here after inaugurating the first 'Titan Eye' store in the city, the fifth in Tamil Nadu and 40th in India.

As the current Indian prescription eyewear market was "sizeable" with nearly 30 per cent of the population requiring vision correction, the company was eyeing a substantial market, with Rs 50 crore in 2009-10 and Rs 300 crore to Rs 500 crore in the third year, Govindaraj said.

Titan industries, a joint venture between Tata group and Tamil Nadu Industrial Development Corporation (TIDCO), has reported a turnover of Rs 3,041 crore for the year ended 2007-08, he said, adding that Titan Eye has recently entered into a technical pact with Sankara Nethralaya for training of retail and clinic staff.

The company was also running Titan Watches and Tanishq brand of jewellery, besides a precision engineering unit for supplying spares to aerospace and automobile industries, he said.

With a market size of Rs 1,500 crore to Rs 2,000 crore, the company expects to capture a substantial eyewear market share in the near future, Govindaraj said.

As per Sep 08 shareholding of the Titan Industries, Rakesh Jhunjhunwala is holding 2,581,062 shares of Titan Industries in the name of Jhunjhunwala Rakesh Radheshyam.

Source


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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.

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