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Rakesh Jhunjhunwala Millionaire Stock Worth Watching

Posted By On 9:38 PM Under

Rakesh Jhunjhunwala Latest Portfolio Update

I am a great fan of Rakesh Jhunjhunwala and I can say the same for other investors of India and one stock which can be kept under scanner is JB chemicals because the share holding pattern on scrutiny suggests that Rakesh Jhunjhunwala has increased his holding from 1,081,650 shares to 1,251,650 shares. This is an updated data as on Dec 08 holding.

Jhunjhunwala Rakesh has a vision and same is proving right as JB Chemicals manufacture medicines for the domestic and international markets and has shown a quantum jump in profit for the quarter ended December 2008 as its profit rose by 33.45% to Rs 142.40 million from Rs 106.71 million in the same quarter previous year.

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