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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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Thursday, February 4, 2010

Vadilal Group to expand to N-E, set up plant in Kolkata (Part of Rakesh Jhunjhunwala Portfolio)

The Vadilal Group, one of India’s oldest and largest ice cream makers, is expanding its manufacturing and marketing network to the eastern and north-eastern States and is setting up a plant at Kolkata by 2010.

The company, having an annual turnover of about Rs 250 crore, including export of frozen foods worth Rs 35 crore, is setting up a plant with an investment of Rs 20 crore in Kolkata.

It would have a capacity to manufacture 50,000 litres of ice cream daily. Vadilal Enterprises Ltd has also invested Rs 45 crore on capacity expansion of its plants at Pundhra (Gujarat) and Bareilly (Uttar Pradesh), which have a total capacity of 2.50 lakh litres daily.

Mr Rajesh Gandhi and Mr Devanshu Gandhi, Managing Directors, said here on Tuesday that under the backward integration plan, the company is also ramping up its daily milk procurement for ice cream making from 10,000 litres in winter and about 40,000 litres in summer.

This milk is being procured directly from farmers and their cooperatives.

Seventy per cent of the group’s revenue comes from the ice cream business, which has a growth rate of 15 per cent.

Retail chain

Vadilal brand of ice creams, which came into being in 1926, boasts of being India’s largest frozen food network with over 40,000 retailers mainly across Gujarat, Maharashtra, Rajasthan, Madhya Pradesh, Uttarakhand and Haryana where it is the market leader.

By 2011, Vadilal will expand its 120-strong network of Happinezz brand of ice cream parlours by 100 on a franchisee model.

The Gandhis said Vadilal has been awarded seven times by Indian Dairy Association. Recently, it won seven awards at the Great Indian Ice Cream Contest held at New Delhi in which 102 entries were received from 24 companies across the country.

The company participated in six product categories and won in five.

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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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