This Rakesh Jhunjhunwala auto stock has 30% upside scope as semiconductor supply woes recede

This Rakesh Jhunjhunwala auto stock has 30% upside scope as semiconductor supply woes recede

New Delhi: Foreign brokerage firm HSBC Global Research retained its positive view on , with a ‘buy’ call, and increased the target price on the counter. The brokerage said improvement in semiconductor supply should help Jaguar Land Rover (JLR) volumes going forward, disproportionately benefiting the cash flows. Semiconductor supply is likely to improve every month … Read more

Rakesh Jhunjhunwala likely exited this PSU firm in June quarter

Rakesh Jhunjhunwala likely exited this PSU firm in June quarter

New Delhi: Ace investor Rakesh Jhunjhunwala likely exited the state-run aluminium miner () during the June 2022 quarter. According to the company’s latest filing, Jhunjhunwala’s name was missing from the key shareholders’ list as of June 30, 2022. Listed companies are obliged to release the name of shareholders holding one per cent or more stake … Read more