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, January 20, 2009

Zen Technologies Result ( Part of Rakesh Jhunjhunwala Portfolio)

Total Income of Zen Technologies increased from Rs 5.044 crores in Dec 07 to Rs 13.28 crores in Dec 08.

Net Profit increased from Rs 2.489 crores in Dec 07 to Rs 4.733 crores in Dec 07.

For 12 months (01 Apr 07 to 31 Mar 08 ) Company's Total Income was Rs 28.274 and Orders on hand as on December 31, 2008 stands at Rs 64.29 crores as against Rs 8.97 crores on December 31, 2007.

The Company operates in only one segment, i.e., simulation.

The amount of Rs 12.6225 crores raised through Preferential allotment has been utilised fully towards building of new facility at Hyderabad and Himachal Pradesh and New Products development, as on December 31, 2008.

As per Sep 08 share holding pattern, Rakesh Jhunjhunwala is holding 4,50,000 shares of Zen Technologies

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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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