Ace investor Rakesh Jhunjhunwala buys 1.03% stakes in Jaiprakash Associates

DSIJ Intelligence / 24 Jul 2017

Ace investor Rakesh Jhunjhunwala buys 1.03% stakes in Jaiprakash Associates

Ace investor in the Indian share market, Rakesh Jhunjhunwala have bought 1.03% stakes in Jaiprakash Associates during the first quarter of financial year 2018.

Ace investor Rakesh Jhunjhunwala buys 1.03% stakes in Jaiprakash Associates
 
During Monday’s trading session, Jaiprakash Associates was the most active stock by volume on NSE Nifty is just around 35 points away from the psychologically important level of 10,000. The stock attracted 26,70,07,794 shares in traded volume and traded value of Rs 759.9 crore as of 1442 hours. 

The stock gained over 11%, touching its fresh 52-week high of Rs 29.65 per share on NSE.
 
Ace investor in the Indian share market, Rakesh Jhunjhunwala have bought 1.03% stakes in Jaiprakash Associates during the first quarter of financial year 2018.
 
As per the shareholding patterns of the company, he was holding around 2.5 crore shares in Jaiprakash Associates as of June 30, 2017. On YTD basis, Jaiprakash Associates have gained around 178% in its share prices, while Sensex has gained 20%.

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