Jhunjhunwala picked up nearly 4 per cent stake in Firstsource Solutions for an estimated Rs 25 cr from private sector lender ICICI Bank and others.
Shares in Firstsource Solutions rise 8.2 percent, heading for a second day of gains after billionaire investor Rakesh Jhujhunwala bought a 3.8 percent stake in the company via a bulk deal on Thursday, according to exchange data.
Rakesh Jhunjhunwala, referred to at Times as India's Warren Buffett, bought 25 million shares at a price of 10 rupees a share in business process outsourcing provider Firstsource, as per NSE data.
Meanwhile, Kesoram Industries Ltd gains 7 percent after Rakesh's wife, Rekha Jhunjhunwala, raised her stake in the cement and tyre maker to 6.83 percent from 3.27 percent, according to a separate NSE disclosure.
Rakesh Jhunjhunwala, referred to at Times as India's Warren Buffett, bought 25 million shares at a price of 10 rupees a share in business process outsourcing provider Firstsource, as per NSE data.
Meanwhile, Kesoram Industries Ltd gains 7 percent after Rakesh's wife, Rekha Jhunjhunwala, raised her stake in the cement and tyre maker to 6.83 percent from 3.27 percent, according to a separate NSE disclosure.
0 comments:
Post a Comment