Wednesday, November 30, 2022
HomeBusiness News'Rakesh Jhunjhunwala was a Huge Lion, not a Huge Bull,' says Vijay...

‘Rakesh Jhunjhunwala was a Huge Lion, not a Huge Bull,’ says Vijay Kedia


Nicely-known fairness investor Vijay Kedia believes that Huge Bull Rakesh Jhunjhunwala was really an enormous lion of Dalal Road. Whereas recollecting over three many years of his friendship with the ace fairness investor, Kedia mentioned he will likely be remembered for his braveness, intelligence and sharp reminiscence.

In an interplay with Enterprise Right this moment, Kedia mentioned that many of the traders had seen his aggressiveness on display screen. Nonetheless, he was a unique character altogether. “He will likely be remembered endlessly for his humility and braveness in buying and selling and investments,” Kedia mentioned, including he invested in airways at a time when others had been unfavourable on the sector.

His views got here after the veteran investor handed away on Sunday morning. In keeping with the stories, Jhunjhunwala died at 6.45 am in Mumbai. He was introduced useless to Breach Sweet Hospital.

He was also known as the “Huge Bull” and “Warren Buffet” of the Indian inventory market. Billionaire Jhunjhunwala, 62, held over 30 shares in his portfolio as of June 30.

Titan Firm (Rs 11,000 crore) is the largest holding of Jhunjhunwalas. The Huge Bull and his spouse held over a 5 per cent stake within the firm as of June 30, in line with the information out there with Trendlyne.

Star Well being And Allied Insurance coverage Firm is the following massive choose of Jhunjhunwala with a price of round Rs 7,000 crore. The price of his investments in different gamers together with Metro Manufacturers, Tata Motors and Crisil stands at almost Rs 3,350 crore, Rs 1,731 crore and Rs 1,301 crore, respectively, as of August 12, 2022.

Additionally Learn: Huge Bull Rakesh Jhunjhunwala passes away at 62

Additionally Learn: Rakesh Jhunjhunwala dying: PM Modi remembers investor as ‘witty, insightful’

Additionally Learn: Rakesh Jhunjhunwala dying: Investor owned portfolio of 32 shares price Rs 30,000 crore

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