Big Bull Rakesh Jhunjhunwala is the most successful stock market investor. He is the undisputed king of Dalal Street. He is also known as a man with a golden touch. Whatever stocks he touch becomes like gold. He started with a very small amount in the stock market way back in 1985. In 35 years he made a 21000 Cr portfolio in the stock market. He is also known as Investment Guru (Warren Buffet) of India. He does a lot of research before investing in the stock.
RJ was born into a middle-class family. His father was an income tax officer. He has completed his study in charted accountancy. He started investing in the stock market when BSE was trading at around 150 and today it has crossed the level of 45000. The name of the private equity firm managed by RJ is RARE enterprise. His mentor is Radhakishan Damani the owner of D-mart.
His stock market journey is an inspiration to everyone. He is a seasoned investor. He made a big money from the stock market many times. It was reported by business today recently that RJ made 5.59 Cr per day from stock Escort up to 111 sessions. RJ made 1400 Cr during the pandemic situation in 2020.
As an investor, you must be excited to know about where RJ made big money in the stock market. In this post, I will share information about Top-performing stocks for Rakesh Jhunjhunwala in 2020-21 along with few investment strategies, tips & tricks of RJ.
Multibagger Stocks of Rakesh Jhunjhunwala in 2020-21
#1 Tata Communication
Tata Communication is a multibagger stock Jhunjhunwala in 2020-21. Tata Communication is a telecommunication service provider. They have a fiber network across the country. The stock of Tata Communication was purchased by Jhunjhunwala in 2019. This stock has generated 160% CAGR returns in one year of holding time. It is a multibagger stock of Jhunjhunwala in 2020.
Escorts is next in the list of multibagger stocks of Rakesh Jhunjhunwala in 2020-21. Escorts is an automotive engineering company. This company deals in agri-machinery, construction machinery, material handling, and railway equipment. The stock of Escorts has given 134% returns in the last one year. Jhunjhunwala is holding this stock since September 2013. In the last seven years, this stock has generated a lot of money for Rakesh Jhunjhunwala.
#3 Geojit Financial Services
Geojit Financial Services has also turned out as multibagger stocks of Jhunjhunwala. Geojit Financial Services is an investment services company with operations in India and the Middle east. This stock was purchased by RJ in 2015. The stock of Geojit Financial services has generated 109% CAGR returns for the Jhunjhunwala in 2020.
#4 First Source Solution
First Source Solution is a business process outsourcing & management company. This company offers multiple customer intelligence products. Rakesh Jhunjhunwala is holding this stock since 2015. The stock of First Source Solution has given 90% CAGR returns to the investor in 2020.
#5 Jubilant Life Science
Jubilant Life Science is a pharma company that develops and sells a wide range of pharma products. Jhunjhunwala purchased Jubilant Life Science in 2017. The stock of Jubilant Life Science has generated 62% CAGR returns in the year 2020-21.
MCX is one of the most favorite stocks of Jhunjhunwala. He is holding this stock since July 2014. He purchased MCX at an average price of Rs.664. As of now, the stock is trading at a level of Rs.1600. The stock of MCX has generated 44%CAGR return in the year 2020.
Investment tips & tricks of Rakesh Jhunjhunwala
Invest for long term
Find out quality stock and invest for long term. Quality stocks always gives better returns in the long run. Rakesh Jhunjhunwala is firm believer of long term investment. As per him it is important to give time to investment. Most of the investment made by Jhunjhunwala is long term investment.
Never Take decision based on Emotion
You should not take any emotional decision while dealing with stock market. He has not taken any emotional decision of selling his stock during Covid-19 market crash. He was buying quality stocks during market crash. RJ believes on buy low sell high.
Find out multibagger in Small Cap or Mid Cap
You should buy quality small cap or mid cap stocks that has potential to grow and become large cap. These types of stock can become multibagger. This strategy is followed by Jhunjhunwala while doing investment. Tata communication & Geojit Financial Services are example of such stocks.
Over to you
Have you invested in any of the multibagger stocks of Rakesh Jhunjhunwala?
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