Rakesh Jhunjhunwala hikes stake in Tata Motors: Report

Rakesh Jhunjhunwala hikes stake in Tata Motors: Report

FPJ Web DeskUpdated: Thursday, October 21, 2021, 03:22 PM IST
article-image
Shares of Tata Motors DVR surged more than 5% to Rs 246 apiece on the BSE in Thursday's deals. | CNBC

The Big Bull of Dalal Street, Rakesh Jhunjhunwala has raised his stake in Tata Motors DVR during the September 2021 quarter.

Shares of Tata Motors DVR surged more than 5 percent to Rs 246 apiece on the BSE in Thursday's deals.

Jhunjhunwala has also has made a fresh entry in two government owned entities—National Aluminium Company Ltd (NALCO) and Canara Bank, according to the latest corporate data, Zee Business reported.

He has also enhanced stake in three stocks—Federal Bank, Steel Authority of India Limited (SAIL) and Titan Company Limited.

According to Trendlyne, a platform to analyse stock market data, the fresh corporate holding of Jhunjhunwala shows the investor adding shares of Aluminium Company. He has bought 29,097,400 shares of the metal stock worth Rs 569.3 crore, aggregating up to 1.6 per cent stake as on October 21, 2021.

RECENT STORIES

Dubai Airshow 2025 Attracts Close To 2.5 Lakh Visitors, Aviation Deals Surpass $200 Bn

Dubai Airshow 2025 Attracts Close To 2.5 Lakh Visitors, Aviation Deals Surpass $200 Bn

Hindustan Power Bags SECI Contract For 300 MWp Solar Project With 300 MWh Battery Storage; Wins...

Hindustan Power Bags SECI Contract For 300 MWp Solar Project With 300 MWh Battery Storage; Wins...

SEBI Proposes Raising Threshold To ₹10 Lakh For Simplified Duplicate Securities Certificates;...

SEBI Proposes Raising Threshold To ₹10 Lakh For Simplified Duplicate Securities Certificates;...

Adani Gets Environmental Nod For ₹136-Crore Luxury Airport Hotel At Thiruvananthapuram...

Adani Gets Environmental Nod For ₹136-Crore Luxury Airport Hotel At Thiruvananthapuram...

Govt Appoints New Executive Directors At Union Bank, Central Bank And Bank Of India For 3-Year Terms

Govt Appoints New Executive Directors At Union Bank, Central Bank And Bank Of India For 3-Year Terms