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HomeTag: Rakesh Jhunjhunwala

Rakesh Jhunjhunwala-backed Akasa Air taxing to the runway, likely to take-off in July

The commercial flight operations of Rakesh Jhunjhunwala-backed Akasa Air will be launched in July instead of June. “As we get closer to the airline launch date, we can now confirm refined estimates on our timelines. We expect our first aircraft delivery by early June 2022, with the intention to start commercial operations in July 2022,” …

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Rakesh Jhunjhunwala may have sold Escorts stake, stock down 16% so far this year

Rakesh Jhunjhunwala may have sold his stake in agriculture machinery manufacturer Escorts. Often called the Big Bull of Dalal Street, Rakesh Jhunjhunwala’s name is absent from the latest shareholding pattern of Escorts, which was uploaded on the BSE website a few days ago. However, it is also possible that Rakesh Jhunjhunwala has tendered his shares …

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Rakesh Jhunjhunwala-owned Tata Motors gearing for an up-move, analysts see 20% rally

Analysts at ICICI Direct believe that after the recent correction, auto sector stocks may now witness renewed momentum amid a sustained broader market recovery where Tata Motors is set to benefit. Rakesh Jhunjhunwala-owned Tata Motors’ share price has fallen 13% so far this year with the most recent fall coming as foreign investors book profits. …

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Rakesh Jhunjhunwala stock: Metro brands share price may rally 33%, Ambit initiates coverage with ‘buy’ rating

Rakesh Jhunjhunwala-backed Metro Brands’ stock price is expected to rally close to 33% from current levels, according to analysts at Ambit who have recently initiated the coverage of the stock. Rakesh Jhunjhunwala-backed Metro Brands’ stock price is expected to rally close to 33% from current levels, according to analysts at Ambit who have recently initiated …

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Rakesh Jhunjhunwala owned Star Health Insurance IPO to open Nov 30; check issue size, price, other details

Rakesh Jhunjhunwala will not be selling his 14.98% stake in Star Health and Allied Insurance. Rakesh Jhunjhunwala backed Star Health and Allied Insurance Company’s Rs 7,249 crore IPO will hit Dalal Street on November 30 next week. The company, on Wednesday, announced that it has fixed the price band at Rs 870-900 per share. The …

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Rakesh Jhunjhunwala made Rs 101 crore from these 5 stocks during yesterday’s muhurat trading session

Rakesh Jhunjhunwala Big bull Rakesh Jhunjhunwala made a staggering Rs 101 crore from five of his portfolio stocks in this year’s muhurat trading session. As the market zoomed ahead during the once-in-a-year session, the ace investor pocketed strong returns from a number of stocks. India hotels was one of the top gainers in Rakesh Jhunjhunwala’s …

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Jefferies ups target price of this Rakesh Jhunjhunwala-owned stock; share gains 5%

Big Bull Rakesh Jhunjhunwala owned 3.67 crore equity shares of Tata Motors at the end of September. Rakesh Jhunjhunwala-owned Tata Motors has rallied 48% so far this month to trade at Rs 501 per share and could extend its massive up-move, according to global brokerage firm Jefferies. Analysts have increased the target price for Tata …

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Rakesh Jhunjhunwala buys more Titan shares first time since December 2019, hikes SAIL stake

Rakesh Jhunjhunwala now owns 3.37 crore equity shares of Titan. Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala have increased their stake in Titan Company Ltd for the first time in nearly seven quarters. According to the latest shareholding pattern of Titan, the Jhunjhunwala’s now hold a combined 4.9% stake in the company after having trimmed …

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Adani Wilmar, Nykaa, Star Health and Allied Insurance, among 6 IPOs approved by SEBI

In total, SEBI approved 6 IPO papers in the previous week while observations of 52 are yet to be issued by the market watchdog. Rakesh Jhunjhunwala-owned Star Health Insurance, e-commerce brand Nykaa, and Adani Group’s FMCG unit Adani Wilmar are some of the companies to have received the green light from capital market’s regulator SEBI …

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