Last wish of Rakesh Jhunjhunwala

See, the only truth of life is death and that when I am going to die I would say boss, just leave me for three hours, I would buy one stock, I will do some trading, I will spend some time with my children, my wife, I will have two drinks and then you can burn me. So it has to be combination of everything-said Rakesh Jhunjhunwala

Modi is hitting EPS growth

We have not seen meaningful growth in Sensex EPS for six quarters. This quarter is no different. It is not the global slowdown which is holding back Sensex EPS growth; if anything, by crunching commodity prices, the global slowdown is helping Sensex EPS show a little bit of growth. What is hitting EPS growth in India is Prime Minister (Narendra) Modi’s resets around black money, crony capitalism and Aadhar. Modi is changing the way consumption and capex takes place in India and corporate India is finding it hard to come to terms with these changes.-said Saurabh Mukherjea

Rakesh Jhunjhunwala on Indigo

Air India’s market share is shrinking every year. There are not many planes on order. Indigo is the lowest cost airline.Can you imagine he invested Rs 300 crore, he has taken away Rs 3,500 crore as dividend. The Return on Capital (RoC) is 300 percent.
And if you just make his first quarter’s earnings into four he will earn about just 640 multiplied by 4 is Rs 2,600 crore which is about Rs 80 per share. Rs 80 per share what price is it coming. At 765 it is coming at 10 times earnings and I am very bearish on oil prices. I don’t see them going anywhere in 3-5 years.
So, it is a leader, the industry – one large player is shrinking, others don’t have money, he has got the largest planes on order, he is the lowest cost operator. It is a no brainersaid Rakesh Jhunjhunwala