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.

Friday, January 22, 2010

Reliance Gas awards Rs.4.98 billion contract to Punj Lloyd (Part of Rakesh Jhunjhunwala Portfolio)

Mukesh Ambani-promoted Reliance Gas Transportation and Infrastructure Limited (RGTIL) Friday awarded a Rs.4.98 billion contract to engineering major Punj Lloyd for laying the pipelines for RGTIL's east-west pipeline project.

As per the contract, Punj Lloyd would be laying pipelines and other associated facilities such as compressor stations, tap-off stations and river crossings. The work would be split into four divisions spread over Gujarat and Maharashtra.

Punj Lloyd is reportedly the second largest engineering and construction company in India providing integrated design, engineering, procurement, construction and project management services for energy and infrastructure sector projects.

Its operations are spread across many regions in the Middle East, Caspian, Asia Pacific, Africa and South Asia

Special Offer!!!! just pay $1 for One Month Coaching from world’s 1 internet marketeer, Stephen Pierce

No comments:


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