Big Movers on D-St: What should investors do with this Jhunjhunwala-owned stock, Adani Transmission and Berger Paints?

Big Movers on D-St: What should investors do with this Jhunjhunwala-owned stock, Adani Transmission and Berger Paints?

Indian market recouped losses and closed in the green on Tuesday for the fifth consecutive day. The S&P BSE Sensex closed above 58,100 while the Nifty50 closed flat but above 17,300 levels. Sectorally, buying was seen in power, utilities, public sector, consumer discretionary, and FMCG while some selling was seen in realty, IT, capital goods, … 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

This beaten-down Jhunjhunwala stock is up 20% in a week. Can it rally more?

This beaten-down Jhunjhunwala stock is up 20% in a week. Can it rally more?

New Delhi: After a steep decline, water treatment company has been on a high lately, thanks to strong order wins. The company is among ace investor Rakesh Jhunjhunwala‘s top bets as his better half Rekha Rakesh Jhujhunwala owned 50 lakh equity shares or an 8.04 per cent stake in the company as of March 31, … Read more