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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Saturday, October 24, 2009

Rakesh Jhunjhunwala added 8 lac shares of Geometric Limited in Qtr ending Sep 09

I was going through the shareholding pattern of Geometric Limited at Bombay Stock exchange website and realised that Rakesh Jhunjhunwala added 8,00,000 shares in the Qtr ending Sep 09 as well. It is interesting to note that Rakesh Jhunjhunwala has been adding Geometric Limited almost every Qtr since 01 Jul 06. The only two qtrs in which he did not add Geometric Limited were Qtr ending Dec 07 (01 Oct -31 Dec 07) and Qtr ending Jun 09 ( 01 Mar - 30 Jun 09).

As on 30 Sep 06, he was holding 4,80.000 shares of Geometric Ltd (2.43% of Geometric Limited) but after adding 8,00,000 shares in this Qtr, his holding in Geometric has now gone upto 53,15,000 shares, which corresponds to 8.56% equity of Geometric Ltd. The Qtr wis e holding of Rakesh Jhunjhunwala and his wife since Sep 06 is as given below:


Sep 06:

4,80,000 shares (2.43 % equity of Geometric Ltd)


Dec 06:

17,80,000 shares (2.90% equity of Geometric Ltd)


Mar 07:

21,75,000 shares (3.51% equity of Geometric Ltd)


Sep 07:

25,05,000 shares (4.04% equity of Geometric Ltd)


Dec 07:

25,05,000 shares (4.04% equity of Geometric Ltd)


Mar 08:

27,35,000 shares (4.41% equity of Geometric Ltd)


Jun 08:

30,35,000 shares (4.89% equity of Geometric Ltd)


Sep 08:

31,85,000 shares (5.13 % equity of Geometric Ltd)


Dec 08:

38,65,000 shares (6.22% equity of Geometric Ltd)


Mar 09:

45,15,000 shares (7.27% equity of Geometric Ltd)


Jun 09:

45,15,000 shares (7.27% equity of Geometric Ltd)


Sep 09:

53,15,000 shares (8.56% equity of Geometric Ltd)


It seems that the Big Bull is really bullish on this stock and therefor it is important to remain invested in this stock for a longer horizon to enjoy the fruits of patient and successful investing.


Click here to Understand Geometric Limited Business Part - I


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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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