Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsRakesh jhunjhunwala special
    Hide Navigation

    A collection of stories that capture the stock market philosophy of the late Rakesh Jhunjhunwala.

    Big Bull Rakesh Jhunjhunwala will forever be remembered as an iconic wealth creator in India’s stock market legacy. He bravely backed his convictions to maximize returns, making stock market investing look easier that it ever will be. His wise counsel may not be with us, but his bullish views on India are a living memory for a nation on the rise. An icon of his stature deserves a special mention, and Moneycontrol is proud of this humble homage to the towering giant of India’s investor community.
    EXPLORE

    RJ, The Man

    'Never lose your quest to learn': Rakesh Jhunjhunwala on advice for his children

    'Never lose your quest to learn': Rakesh Jhunjhunwala on advice for his children
    View More

    India’s
    Big Bull

    Expect realistic returns, else head to racecourse road: Big Bull’s investing fundas

    Expect realistic returns, else head to racecourse road: Big Bull’s investing fundas

    RJ Portfolio Tracker

    As Investment Guru Rakesh Jhunjhunwala filter diamonds from dust and identify potential multi-baggers to stay at the top of the game, learn about where his moolah is invested and what he is buying or selling.

    Start Exploring

    What He Said

    “Stock markets are always right. Never time the market.”

    Respect the market. Have an open mind. Know what to stake. Know when to take a loss. Be responsible.

    Prepare for losses. Losses are part and parcel of stock market investor life.

    Never invest at unreasonable valuations. Never run for companies which are in limelight.

    Hastily taken decisions always result in heavy losses. Take your time before putting money in any stock.

    Whatever you can do or dream you can, begin it. Boldness has genius, power and magic in it.

    What They Said

    View More

    Markets are prone to excesses. Your opportunity lies in recognizing these.

    Leverage is a bad habit. In measured manner, it gives pleasure. If overdone, it causes trouble

    Sell only if there are better opportunities to grow you wealth

    RJ’s Mantra

    To be a good trader, know the broad direction of market

    The biggest cost of a mistake is not learning from one

    Follow your own thought process and make your own decisions

    Risk is the essence of life. If you don’t take risk, you are nothing

    RJ’s Mantra

    To be a good trader, know the broad direction of market

    Markets are prone to excesses. Your opportunity lies in recognizing these.

    Leverage is a bad habit. In measured manner, it gives pleasure. If overdone, it causes trouble

    Sell only if there are better opportunities to grow you wealth

    Risk is the essence of life. If you don’t take risk, you are nothing

    The biggest cost of a mistake is not learning from one

    Follow your own thought process and make your own decisions

    Bigbull
    Speak

    Yeh shaadi nahin ishq hain: Big Bull on his pillar of strength Rekha

    Yeh shaadi nahin ishq hain: Big Bull on his pillar of strength Rekha

    The RJ Legacy

    The people who will manage Rakesh Jhunjhunwala’s estate

    • Radhakishan Damani

      Radhakishan Damani

      Billionaire investor, a market legend and promoter of Avenue Supermarts, Radhakishan Damani is widely admired as an astute entrepreneur. Damani's association with Rakesh Jhunjhunwala dates back to the late eighties. Late Jhunjhunwala used to consider the reclusive Damani as a guide and philosopher.

    • Kalpraj Dharmshi

      Kalpraj Dharmshi

      Managing Director of Dharamshi Securities, Kalpraj Dharamshi gave up a career in chartered accountancy for one in the heat and dust of stock market, and he has aced it since. He started as a broker, and then went on to become a trader and an investor. When the markets were shaken after the 2001 shock, when the Twin Towers fell, he had the courage to take a considerable leverage and buy cheap stocks that turned out to be multibaggers.

    • Aman Parikh

      Aman Parikh

      The promoter and director of Ohm Stock Broker Pvt Ltd, Amal Parikh has spent three decades in the stock market and knows the ins-and-outs of the market like the back of his hand. He has set up a highly successful first-generation broking business. Parikh funds various philanthropic causes, particularly those targeted at making good-quality education available.

    • UtpalSheth

      Utpal Seth

      Rare enterprises’ CEO and senior partner Utpal Sheth’s association with the Big Bull goes back to the early nineties, and Rakesh Jhunjhunwala has been known to have said that Sheth and he add as 1 and 1 to make 11. The low-key Sheth has been credited with helping Jhunjhunwala spot the multibagger bets such as Titan.

    • Amit Goela

      Amit Goela

      Rakesh Jhunjhunwala’s partner at Rare Enterprises, Amit Goela is a veteran of the markets. Goela, in a rare interaction with the media, compared himself to those who prep the ace cricketer Sachin Tendulkar for a match. For Jhunjhunwala, Goela provided the market intelligence necessary before making a deal.

    Bigbull Moonshots

    • Akasa Air

      The much-celebrated low-cost airline launched its first flight between Mumbai and Ahmedabad on a Sunday, August 7, 2022. While there are other budget carriers, Akasa hopes to stand out with its strategy of connecting metros with smaller towns, in line with the government’s vision to increase regional connectivity to air transportation. Asked about his venture into the tough sector that has made been the doom of several billionaires, the Big Bull is reported to have said that he is “prepared for failure”.

    • Alchemy Capital Management

      Founded in 1999, this portfolio management services (PMS) provider has managed funds worth $800 million (as of June 2022). It has a varied client list, from high- networth individuals to sovereign wealth funds, and specialises in the bottom-up approach to pick companies that do well despite the larger industry trend. Recently, they launched a fund to invest in emerging businesses in the small and mid-sized segments that the PMS provider believes will do well in the next growth phase of the economy.

    • Concord Biotech

      They produce fermentation-based active pharmaceutical ingredients (APIs) largely in the immunosuppressant, oncology and anti-infective categories. It was founded in 2000 with a single immunosuppressant, and now it has a product portfolio that includes 22 APIs and 43 formulations. This August, they filed a draft red herring prospectus (DRHP) with Sebi to raise Rs 2,000-Rs 2,500 crore in the market through a public issue. It was however not to raise funds for the company but was for an offer- for-sale, for sale of shares owned by Helix Investment Holdings.

    • Syska LED Lights

      This is the market leader in its central category--of LED lighting--and has also diversified across categories including smartwatches, smart appliances and personal gadgets. In the lighting category, it has encouraging growth prospects considering the energy-saving property of LED lights. It holds over 40 patents in lighting solutions, according to the company website. In its newer categories, it has stuck to its principal offering of energy efficiency and accessible pricing.

    • Hungama Digital Media Entertainment

      This digital entertainment company was launched as an online advertising agency in 1999. Today, it does more than manage digital promotions; the company develops, publishes, aggregates and distributes online entertainment including gaming. It also creates on-the-ground events. According to its website, it provides content to consumers across 33 countries and has more than 145 partners across the world.

    • IKS Health

      It acts as a partner to hospitals, helping them better manage their ambulatory care (outpatient services. The company helps healthcare providers strategise, operationalise plans efficiently with the right technology, and finance growth. It also equips the providers with products that ensure better care delivery (such as through better documentation tools and digital prescriptions to avoid mistakes);

    More Stories

    In this Mumbai locality, being rich isn't enough. Even Rakesh Jhunjhunwala faced rejection

    In this Mumbai locality, being rich isn't enough. Even Rakesh...

    Rekha Jhunjhunwala sells 2% equity stake in Nazara Tech between June 2 and June 6

    Rekha Jhunjhunwala sells 2% equity stake in Nazara Tech between June 2 and...

    Akasa Air brings growth capital from Azim Premji, Ranjan Pai, 360 ONE Asset; Jhunjhunwala family deploys fresh funds

    Akasa Air brings growth capital from Azim Premji, Ranjan Pai, 360 ONE Asset;...

    View More
    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347