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Rakesh Jhunjhunwala acquires 2.2% stake in Indiabulls Housing Finance
short by Maanya Sachdeva / on Thursday, 22 July, 2021
The big bull Rakesh Jhunjhunwala has acquired one crore shares or 2.17% stake in Indiabulls Housing Finance in the April-June quarter. Jhunjhunwala did not hold any stake in the mortgage lending company as of March 31, 2021. Indiabulls Housing's shares jumped 5% to ₹278.8 during intraday trade on Thursday, pegging the value of Jhunjhunwala's stake at around ₹278.8 crore.