Key Stock Picks That Defined Rakesh Jhunjhunwala’s Career

Tata Tea was the launchpad, but several other bets proved equally decisive. From 1986 to 1989, Jhunjhunwala invested in Tata Power, a move that paid off as the company expanded its generation capacity.

He also bought a large block of shares in Sesa Goa (now Vedanta Ltd.) when iron‑ore prices were low, securing roughly four hundred thousand shares that later yielded massive returns as the sector recovered.

His stake in Praj Industries during a market downturn produced a 250‑percent gain, showcasing his willingness to buy during periods of weakness. Perhaps the most celebrated holding was Titan, where he increased his exposure at a time when many investors stayed away. Titan’s stellar performance turned the position into a multi‑crore asset, adding thousands of crores to his net worth.