Derivatives - Popular Indian Traders - Success Stories in MARKETS - Rakesh Jhunjhunwala Rakesh Jhunjhunwala by far the most successful Indian Trader. He made his first big profit of Rs 0.5 ...
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Popular Indian Traders - Success Stories

  1. Popular Indian Traders - Success Stories

    Rakesh Jhunjhunwala

    Rakesh Jhunjhunwala by far the most successful Indian Trader.

    He made his first big profit of Rs 0.5 million in 1986 when he sold 5,000 shares of Tata Tea at a price of Rs 143 which he had purchased for Rs 43 a share just 3 months back.

    His first major successful bet was iron mining company Sesa Goa. He bought 4 lakh shares of Sesa Goa in forward trading, worth Rs 1 crore and sold about 2-2.5 lakh shares at Rs 60-65 and another 1 lakh at Rs 150-175. The price rose to Rs 2200 and he sold some shares.

    You can find more information about his portfolio in this forum.

  2. Bhavook Tripathi

    Bhavook Tripathi is least heard of among Investing community and maintains a low profile, but is fast becoming popular. He is said to be the youngest Indian Investor to hit 1 Billion INR at the age of 40.

    Unlike Rakesh Jhunjhunwala who made his kill in Futures trading, Tripathi has made money through his start-up company and long term investing alone. Bhavook Tripathi is a metallurgical engineer and runs an auto ancillary manufacturing unit called “Sanshu Industries” in Aurangabad.

    Bhavook Tripathi shot into super-stardom when he launched an open offer to acquire 26% of the share capital of R Systems International, a company engaged in providing software product development and BPO services. Bhavook Tripathi invested 40 crores in the open offer and currently holds 39,93,227 shares of R Systems International (31.97% of its capital) worth Rs. 69 crores.

    Bhavook Tripathi’s net worth as of 30.11.2011 was Rs. 248 crores. He believes in a concentrated portfolio.

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