Wednesday, January 20News That Matters

Tag: Rakesh

Rakesh Jhunjhunwala booked income in this stock after a 5x rally in 10 months

Rakesh Jhunjhunwala booked income in this stock after a 5x rally in 10 months

Business
NEW DELHI: Ace Investor Rakesh Jhunjhunwala has prick again his stake in IT company Firstsource Solutions after the stock rallied over 5 cases from its 52-week low of Rs 20.65 that hit on March 24, 2020. The firm filed its most modern shareholding pattern put up market hours on Friday. By 1.45 pm, the stock used to be buying and selling 2.27 per cent lower at Rs 99.15 on BSE. Composed the stock is up nearly 5 cases over its 52-week low ranges and trades at 28.44 cases its trailing 12-month earnings per allotment, as per BSE. The stock hit a excessive of Rs 115.45 on December 29 and used to be up nearly 6 cases over March lows. As per most modern filing, Jhunjhunwala held 9,000,000 shares or 1.29 per cent stake in Firstsource Solutions at the tip of December quarter, down 159 foundation c...