Shares of Jubilant Life Sciences gained 5 percent intraday on April 21 after ace investor Rakesh Jhunjhunwala increased his stake in the pharma company to 4.41 percent in the quarter ended March 2020.
As per the shareholding pattern available on exchanges, Rakesh Radheshyam Jhunjhunwala held 2.74 percent and 1.67 percent stake in the company through two accounts.
In December quarter, he held a 3.45 percent stake in the company, which meant the shareholding increased by 0.96 percent during the March quarter.
Foreign portfolio investors also increased their stake in the company to 27.91 percent from 27.43 percent QoQ, wherein Lazard Emerging Markets Small Cap Equity Trust upped stake to 1.78 percent (from 1.3 percent earlier QoQ).
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Shares of Jubilant Life Sciences gained 5 percent intraday on April 21 after ace investor Rakesh Jhunjhunwala increased his stake in the pharma company to 4.41 percent in the quarter ended March 2020.
As per the shareholding pattern available on exchanges, Rakesh Radheshyam Jhunjhunwala held 2.74 percent and 1.67 percent stake in the company through two accounts.
In December quarter, he held a 3.45 percent stake in the company, which meant the shareholding increased by 0.96 percent during the March quarter.
Foreign portfolio investors also increased their stake in the company to 27.91 percent from 27.43 percent QoQ, wherein Lazard Emerging Markets Small Cap Equity Trust upped stake to 1.78 percent (from 1.3 percent earlier QoQ).
Stock cash tips , Equity tips , MCX tips
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