HDFC Securities has a buy call on the shares of NCC Limited, a company in which Rakesh Jhunjhunwala recently sold a portion of his stake. The big bull had a 12.8% stake in NCC Limited in the quarter ending March 2022. However, he sold about 0.4% of his stake and he currently owns a 12.5% [...]
We are eleven days into the second quarter of FY23 and companies have started releasing their results. They are obliged to release the name of shareholders holding a 1% or more stake in the company on a quarterly basis. The markets were in the red for a while and the Big Bull, Rakesh Jhunjhunwala has [...]
The shares of Indiabulls Real Estate declined by 4.24% on Wednesday and by 8.91% in the past seven days. The National Anti-profiteering Authority (NAA) found the company guilty of not passing on over ₹6.46 crores input tax credit benefits to homebuyers by a commensurate reduction in prices post rollout of GST. A buyer filed a [...]
The shares of Star Health and Allied Insurance Company have declined 26.32% in the last 7 sessions and made their new record low of ₹516.10 on Monday. Currently, the stock is trading at the ₹517.25 and is down 2.88% as of IST 11:42. The share was listed in the market on 10th December 2021 at [...]
The shares of Rakesh Jhunjunwala-owned Nazara Technologies were up more than 18.5% in the early hours of trading on Friday. The stock climbed to touch its high of ₹ 618.84 per share as of 9:39 IST, up ₹ 98 from its previous day's adjusted closing price of ₹ 520.90 per share. It must be noted [...]
The shares of luggage-maker VIP Industries Limited which owns famous brands such as Skybags, Carlton, and Caprese have climbed almost 20% in the previous 10 trading sessions. As of 12:30 IST, the stock was trading at ₹ 619.45 per share, up 19.95% from the price of ₹ 516.56 it registered at 10 AM on 13 [...]
Nazara Technologies Limited, Titan Limited and Anant Raj Limited have surged by more than 5% on Tuesday’s early trades. Ace Investor Rakesh Jhunjhunwala holds a stake in these stocks. Titan Limited Tata Group stock, Titan Limited surged for the second day in a row after global brokerage Macquarie said that the stock of the luxury [...]
Nazara Technologies, a Rakesh Jhunjhunwala portfolio stock, has fixed 27th June 2022 as the record date for the proposed issue of bonus shares. Earlier, on 13th May, its board of directors had considered and approved the recommendation for a bonus issue of one equity share for every one share held. “It is hereby informed that [...]
The year 2022 has not been very favorable for the Big Bull of India and most of the Rakesh Jhunjhunwala Portfolio stocks are severely hit this year. Apart from a few stocks that gave positive returns like Indian Hotels Company, CRISIL, Metro Brands and DB Realty, the rest majority of the companies in his portfolio [...]
Indiabulls Real Estate Ltd has been one of the worst-performing stocks in the BSE 500. The share had reached a 52-week high of ₹ 195.90 on 9th October 2021 and a 52-week low of ₹ 68.40 on 11th May 2022. The stock has given a negative return of 56.83% on a year-to-date basis. Rakesh Jhunjhunwala [...]