Rakesh Jhunjhunwala earned a mark-to-market profit of Rs 20.53 crore in just one day on his purchase of Zee Entertainment shares yesterday. Further, he is earning more from this stock with the uptrend continuing today. Rakesh Jhunjhunwala’s Rare Enterprises bought 50 lakh shares of Zee Entertainment Enterprises Ltd (ZEEL) at Rs 220.44 per share on Tuesday, 14 September in bulk deals. ZEEL stock ended at Rs 261.5 on Tuesday, earning a neat Rs 41 per share for Rakesh Jhunjhunwala, totalling to Rs 20.53 crore.
ZEEL share extended yesterday’s rally, jumping another 12 per cent today to a fresh 52-week high of Rs 295.15 intraday. The share has rallied 34 per cent from Rakesh Jhunjhunwala’s purchase price. Rakesh Jhunjhunwala or Rare Enterprises name does not figure in the shareholding pattern as names of only those entities are shown that own over 1 per cent stake in the company.
Rakesh Jhunjhunwala earned a mark-to-market profit of Rs 20.53 crore in just one day on his purchase of Zee Entertainment shares yesterday. Further, he is earning more from this stock with the uptrend continuing today. Rakesh Jhunjhunwala’s Rare Enterprises bought 50 lakh shares of Zee Entertainment Enterprises Ltd (ZEEL) at Rs 220.44 per share on Tuesday, 14 September in bulk deals. ZEEL stock ended at Rs 261.5 on Tuesday, earning a neat Rs 41 per share for Rakesh Jhunjhunwala, totalling to Rs 20.53 crore.
ZEEL share extended yesterday’s rally, jumping another 12 per cent today to a fresh 52-week high of Rs 295.15 intraday. The share has rallied 34 per cent from Rakesh Jhunjhunwala’s purchase price. Rakesh Jhunjhunwala or Rare Enterprises name does not figure in the shareholding pattern as names of only those entities are shown that own over 1 per cent stake in the company.
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