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Big Bull Rakesh Jhunjunwala's holding in Nazara past Rs 1,000 cr

GAME ON: Market price of sports media platform has zoomed 78% in one month

Markets may correct in the short term. But in a bull market the correction is always sharp, swift and short-lived: Rakesh Jhunjunwala
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Rakesh Jhunjunwala

Deepak Korgaonkar Mumbai
Rakesh Jhunjhunwala’s holding value in Nazara Technologies crossed the Rs 1,000-crore mark, as the stock rallied 19 per cent on the BSE in Friday’s intra-day trade. In the past one month, the market price of Nazara, a diversified gaming and sports media platform, has zoomed 78 per cent. In comparison, the Sensex was up 3 per cent during the same period.

The ace investor, who is referred as the 'Warren Buffett of India', held a 10.82 per cent stake in Nazara as of June 30. Based on the intra-day high, the company's market capitalisation stood at Rs 9,800 crore, while

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