The billionaire investor is being probed for insider trading in education firm Aptech, according to reports
On Thursday, shares of IIFL Securities closed 4.9 per cent higher to Rs 44.95
Yes Bank closed on Tuesday 2.66 per cent lower, at Rs 64.15 a share, on the BSE.
Its shares have rallied about 50 per cent -- the biggest gain among global peers valued at more than $1 billion -- after embattled founder Rana Kapoor was forced to sell his holdings in October
On Monday, the ace investor bought 12.9 million shares representing 0.51 per cent of the total equity of YES Bank at a price of Rs 67 apiece in a bulk deal on the BSE.
Data from exchanges showed that Jhunjhunwala bought 12.9 million shares of YES Bank at price of Rs 67 apiece in a bulk deal on the BSE
The bank has lately seen some recovery in its share price after informing exchanges that it had a binding offer from a global investor for an investment of $1.2 billion
The total disclosed value of five key investors' portfolios was Rs 12,694 crore
The remark came as a retort to repeated questioning by a London-based investor at the World Hindu Economic Forum on the rising joblessness in India
While analysts are positive on Titan, it has been seeing some headwinds
Raises stake in luggage maker VIP Industries and pharma major Lupin
The crisis was triggered by the default at one of the nation's biggest lenders, Infrastructure Leasing & Financial Services Ltd
The gain comes after decline in the previous three quarters of 2018
The ace investor Rakesh Jhunjhunwala is reported to have a net worth of over $2.7 billion or nearly Rs 19,000 crore
The regulator had initiated adjudication proceedings against Jhunjhunwala in 2017 for alleged violation of PIT (Prohibition of Insider Trading norms) in the matter of Geometric Ltd, now part of HCL
But shows increased stake in stocks under a cloud- including Dewan, SpiceJet and Fortis
Titan, which is into jewellery and watch retailing, is the top holding for Jhunjhunwala, who holds shares worth $2 billion in over a dozen companies.
Share sale may have fetched over Rs 10 billion
As on March 28, 2018, the combined net worth of Rakesh Jhunjhunwala and his family stood at Rs 130.21 billion, down 0.8 per cent or Rs 1.09 billion
A young CA asked Jhunjhunwala whether he had made any big mistakes in the stock market