Home » Rakesh Jhunjhunwala 67 crores in 6 days

Rakesh Jhunjhunwala 67 crores in 6 days

We all know about Rakesh Jhunjhunwala’s recent ZEE stock acquisition, in which he made a profit of 67 crores in just six days. Despite the fact that many allege it was insider trading, he may have been aware of the ZEE Sony merger news before it was made public, and thus purchased the stock before the news was made public.

According to a bulk deal report from the NSE, he bought the stock at Rs.220 on September 14, 2021, and the stock closed at Rs.260 on that day, giving retail traders time to invest in ZEE stock. From Rs.260, the stock rose to Rs.330 in the following week, yielding nearly 27 percent returns. We would have made substantial returns if we had followed the bulk deal report and bought in ZEE stock as recommended by Rakesh.

Now I wondered, “What if we could emulate Rakesh Jhunjhunwala’s investing strategy?” All we have to do is follow the bulk deal report in Nse website , see where he invests, and buy it. And the majority of Rakesh Jhunjhunwala’s wealth stems from long-term stock holdings; he does not buy and sell frequently. If we went to the NSE website and downloaded all bulk deal reports and Look for Rakesh Jhunjhunwala, Rekha Jhunjhunwala, and Rare Enterprises as clients. He buys stocks in his name, his wife’s name, and the name of his company (RARE which is formed by combining the first two letters of the Rakesh and his wife’s name first two letters).