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.

BSE Sensex Stock Ticker

Thursday, October 29, 2009

Autoline Industries won US $ 40 million contract ( Part of Rakesh Jhunjhunwala Portfolio)

Autoline Industries has won $ 40 million contract. They will be manufacturing brake and clutch pedal assemblies for two US automakers for next 4 years. Autoline Industries is a subsidiary Autoline USA.

Rakesh Jhunjhunwala initially bought 1,60,389 shares (1.46 % of Autoline industries ) in Qtr ending Mar 08. At that time the stock was fluctuating between Rs160/- and Rs250/-. However, as per latest shareholding pattern (Qtr ending Sep 09) on Bombay Stock Exchange, Rakesh Jhunjhunwala and His wife Rekha Jhunjhunwala together hold 12,51,233 shares (10.25% of Autoline Industries). The quarter wise holding of Rakesh Jhunjhunwala and Rekha Jhunjhunwala (RARE) in Autoline Industries is as given below:

Mar 08
1,60,389 shares (1.46% of Autoline Industries)

Jun 08
7,11,622 shares (5.83% of Autoline industries)

Sep 08
12,31,233 shares (10.09% of Autoline industries)

Dec 08
10,20,000 shares (8.36% of Autoline industries)

Mar 09
12,51,233 shares (10.25% of Autoline industries)

Jun 09
12,51,233 shares (10.25% of Autoline industries)

Sep 09
12,51,233 shares (10.25% of Autoline industries)

I think future is looking up. Stay invested and God Bless every one.
Posted by sonika at 2:34 AM
Labels: , , , , , ,

0 comments:

Post a Comment

Subscribe to: Post Comments (Atom)

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

search engine submission