Says current crisis is a temporary blip and India is poised for a long bull market
During the March quarter of the financial year 2020-21 (Q4FY21), Rakesh Jhunjhunwala offloaded a 0.26 percentage point stake, or 2.25 million shares, in Titan Company
However, investors have to deal with counterparty risk
Analysts believe that given Nazara Technologies' stock has surged nearly 100 per cent over the issue price, investors can partially book profit and can add more at a later stage once it corrects
'Big Bull' Rakesh Jhunjunwala on Saturday said he has investments in private companies stretching to over a decade
There will be run up in stock when government disinvests its stake, says investor.
Barbeque Nation IPO: The promoters hold 60.24 per cent stake, CX Partners owns 33.79 per cent and Rakesh Jhunjhunwala's investment firm Alchemy Capital holds 2.05 per cent in the company
The shares of the firm were listed on the bourses on March 19 in the list of T Group of Securities
Ace investor Rakesh Jhunjhunwala (4.31 per cent) and his wife Rekha Jhunjhunwala (3.19 per cent) collectively held a 7.5 per cent stake in Delta Corp at the end of December quarter
Analysts covering the Suryoday SFB IPO share mixed views and are split between high valuations and good return ratios
Nazara Technologies is an Indian gaming and sports media platform. It's Rs 583 crore-IPO will run through March 17-19 and will be entirely an offer for sale (OFS)
Promoters and shareholders offering 5.29 million equity shares; step won't raise money for company backed by billionaire Rakesh Jhunjhunwala.
Titan Company needs to decisively cross and sustain above Rs 1,500 levels, supported by volume, to attract the interest of market participants
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Shares of Indian Hotels Company have rallied 105 per cent from its 52-week low levels hit in May last year
At the end of the December 2020 quarter, Jhunjhunwala held a 5.29 per cent stake in Ion Exchange.
Ace investor Rakesh Jhunjhunwala holds 5.32 per cent stake in the company as of December quarter
Ace investor Rakesh Jhunjhunwala owns 4.75 per cent stake in Escorts as of December 2020 quarter
In this quarter, Jhunjhunwala booked profit in information technology (IT) firm Firstsource Solutions (FSL) and raised his stake in pharmaceutical firm Jubilant Life Sciences
According to the publically available data on Reuters, analysts have a consensus BUY rating on the stock