His deeply ingrained belief and conviction on India and its potential is strongly corroborated by some of his long-term bets – companies that will grow as domestic consumption or discretionary spends go up.
The Big Bull of Indian markets, Rakesh Jhunjhunwala, who passed away on August 14, was a man who was known to not shy away from speaking his mind. And he had his opinions on everything.
Big Bull Rakesh Jhunjhunwala's favourite stock Titan Company played a major role in making him a crorepati. Jhunjhunwala first bought shares of Titan in 2002-2003 at a price of Rs 30-32. Since then, he had been buying and selling Titan shares. Jhunjhunwala, who is also called India's Warren Buffett owned Titan stocks worth Rs 11,086.9 crore with a stake of 5.10 per cent or 4,48,50,970 shares in the last quarter.