Rekha Jhunjhunwala picks 2% stake in smallcap pharma stock
Sun Pharma Advanced Research Company (SPARC) is a clinical-stage bio-pharmaceutical company focused on continuously improving standards of care for patients globally, through innovation in therapeutics and delivery. SPARC was formed in 2007 following its demerger from Sun Pharma, a global leader in speciality generics.
Rekha Jhunjhunwala adds stake in this Tata group multibagger in Q3
This amounts to a 0.18% increase in holding by the investor as in the previous quarter, she held a 1.61% stake or 45,75,687 equity shares in the cellular and fixed-line services provider.The latest corporate shareholdings filed suggest that Rekha Jhunjhunwala publicly holds 20 stocks with an estimated net worth of over Rs 12,171.6 crore.
Jhunjhunwalas’ portfolio value doubled in 2 years! Here's how much RJ & Co made in 2022
He is survived by his wife, Rekha Jhunjhunwala, and three children. Rekha has been an investor in several RJ companies, and the Jhunjhunwala portfolio value includes the value of Rekhas holdings as well.
Sandip Sabharwal on which stocks and sectors to look at in 2023
L&T has also done very well but L&T I still believe even from the current levels can offer double digit returns because of the kind of order flows that are happening on a daily basis on the balance sheet and its valuations have not zoomed up as the other large caps.
Stocks in the news: NDTV, Tata Motors, Siemens, DB Realty, Quess Corp
The founders of NDTV, Radhika Roy and Prannoy Roy, will transfer 27.26% of their stake in the company to Adani Group-owned RRPR Holding. Consequently, Adani Group will hold 64.71% stake in the news broadcaster.
What did Rekha Jhunjhunwala buy & sell in September quarter? Here's the list
Jhunjhuwala added stakes in two new counters during the period while she likely exited three companies, suggests latest shareholding pattern. Further, Jhunjhunwala increased her stakes in as many as five existing holdings and cut stakes in three others. She kept her stake unchanged in seven counters.
DB Realty hits 5% upper circuit as firm looks to sell land for Rs 480 crore
The real estate firm has a portfolio comprising over 100 million square feet and 628 acres of prime property, mostly in Mumbai. Also, the company has tied up with Adani Goodhomes on various projects.Promoters, including Vinod Goenka family, Balwa family and a few others, have close to 69 per cent stake in the Mumbai-based DB Realty.
Tata stock rallies over 51% in 5 days, 9 other stocks gave double-digit returns
Analysts expect mid and smallcaps to continue their outperformance in the short to medium term as they are trading reasonably well compared to largecaps and are at a discount to their historic valuation trend.
Adani's wealth surges $72.5 billion in 2022, equal to that of nine other billionaires combined!
According to the data from the Bloomberg index, Adani has added $72.5 billion to his wealth as his fortunes topped the $150 billion mark on Friday. Among other gainers, French logistics leader Rodolphe Saade and family and Swiss-Fintech mogul Guillaume Pousaz have added $12.4 billion and $11.7 billion in the current calendar.
This Jhunjhunwala stock hits upper circuit on merger talks with Adani Realty
According to media reports, Adani Realty, the luxury property division of the leading multinational conglomerate Adani Group, is in advanced talks for a merger with Mumbai-based DB Realty.
RJ-backed company to be acquired by Adani Group; stock hits upper circuit
Adani Group is likely to infuse more funds into DB Realty, which would result in a fresh equity issuance to new investors. Earlier, DB Realty was in talks with Godrej Properties, which could not produce fruitful results.The real estate firm has a portfolio comprising over 100 million square feet and 628 acres of prime property, mostly in Mumbai. Also, the company tied up with Adani GoodHomes in various projects
Chennai-based Dolly Khanna, whose portfolio is managed by her husband Rajiv Khanna, picked up stocks such as Chennai Petroleum Corporation, National Oxygen and Monte Carlo Fashions. Chennai Petroleum surged 145% in the June quarter amid rising crude oil prices.
Prestige Group to invest Rs 7,500 crore to develop 16 million sq ft in Mumbai
“With the state recording the highest GST collections in India and contributing to 15% of GST of the overall Indian economy, Mumbai has established itself as the leading commercial hub in India. We look forward to establishing our presence in the western region through Mumbai,” Irfan Razack, CMD, Prestige Group, told ET.
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D B Realty Q2 results: Net loss widens to Rs 352 cr
Total income fell to Rs 24.52 crore in the second quarter of this fiscal year from Rs 32.98 crore in the corresponding period of the previous year, according to a regulatory filing.
Total income also fell to Rs 31.47 crore in the third quarter of 2019-20 from Rs 79.77 crore in the corresponding period previous year, Mumbai-based developer said in a regulatory filing.
DB Realty default on loans from financial institutions and banks stand at Rs 240.79 crore as on Dec. 31. Total financial indebtedness at Rs 1,001.89 crore.
Stocks in the news: RIL, Tata Motors, ONGC, BHEL, BPCL, Sintex Plastics, Varroc Engg, Oil India
Tata Motors | Alembic | Bosch | National Aluminium Company | Unichem Laboratories | ONGC | BHEL | BPCL and Sintex Plastics are among stocks, which are in news today.