NEW DELHI: Despite his vocal support to Tata Group<\/a> companies, which he believes are primed for growth in the next few years, ace investor Rakesh Jhunjhunwala<\/a>’s actions during March quarter belie his words.

After selling Titan Company shares worth Rs 344 crore in the March quarter, he has also trimmed his stake in internet infrastructure provider
Tata Communications<\/a> held through his wife.

In the March quarter, Rakesh Jhunjhunwala sold 2.5 lakh
Tata Communications shares<\/a> held in his wife’s name, bringing her stake in the company to 1.04 per cent, latest shareholding data showed. She had held a 1.12 per cent stake in the company at the end of December.

Her remaining stake in the company is now valued at Rs 325 crore. The shares sold by Jhunjhunwala are valued at Rs 27.50 crore at the last closing price.

The Big Bull's move comes on the back of over three-fold returns in Tata Communications in the last one year.

The counter advanced about 2 per cent to Rs 1,121.90 apiece on Thursday despite the news.

However, not everyone is as bearish on Tata Communications as Jhunjhunwala.

Mutual funds increased their stake in the company by as much as 10 times during the quarter. They now hold a 4.01 per cent stake in Tata Communications, up from 0.41 per cent previously.

Foreign portfolio investors increased their stake in the company to 24.40 per cent from 17.65 per cent.

Life Insurance Corporation (LIC) now holds a 2.17 per cent stake. The insurance behemoth did not figure among major shareholders at the end of the December quarter.

Public shareholding in the company increased to 41.14 per cent after the government mopped up about Rs 8,846 crore by selling a 26.12 per cent stake in the company last month. It no longer holds any shares in the firm.

After the share sale, Tata Group's holding in Tata Communications increased to 58.87 per cent.
<\/p><\/body>","next_sibling":[{"msid":82101821,"title":"Tecno Spark 7 goes live for sale on Amazon","entity_type":"ARTICLE","link":"\/news\/tecno-spark-7-goes-live-for-sale-on-amazon\/82101821","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"82082998","title":"Rakesh Jhunjhunwala-1200","entity_type":"IMAGES","seopath":"markets\/stocks\/news\/rakesh-jhunjhunwala-sells-2-5-lakh-shares-of-this-tata-group-firm-in-q4\/rakesh-jhunjhunwala-1200","category_name":"Rakesh Jhunjhunwala sells 2.5 lakh Tata Communications shares in Q4","synopsis":"The Big Bull's move comes on the back of over three-fold returns in Tata Communications in the last one year.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-276995\/82082998.cms?width=150&height=112","link":"\/image\/markets\/stocks\/news\/rakesh-jhunjhunwala-sells-2-5-lakh-shares-of-this-tata-group-firm-in-q4\/rakesh-jhunjhunwala-1200\/82082998"},{"msid":"82079354","title":"Rakesh Jhunjhunwala cuts stake in his Rs 7,000 crore bet in Q4","entity_type":"ARTICLE","seopath":"rakesh-jhunjhunwala-cuts-stake-in-his-rs-7000-crore-bet-in-q4","category_name":"Mid-day Briefing - Markets","synopsis":"He sold Rs 344 crore worth of Titan shares during the January-March period.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-205318\/82079354.cms?width=150&height=112","link":"\/markets\/stocks\/news\/rakesh-jhunjhunwala-cuts-stake-in-his-rs-7000-crore-bet-in-q4\/articleshow\/82079252.cms"},{"msid":"82064130","title":"Rakesh Jhunjhunwala cuts stake in VIP as Covid 2.0 takes toll on travel","entity_type":"ARTICLE","seopath":"markets\/stocks\/news\/rakesh-jhunjhunwala-cuts-stake-in-vip-as-covid-2-0-takes-toll-on-travel","category_name":"News","synopsis":"Data showed the VIP stock has entered a bear grip, having plunged 21 per cent from its March 4 high of Rs 421.95 thanks to a steep rise in Covid-19 cases. ","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-276995\/82064130.cms?width=150&height=112","link":"\/news\/markets\/stocks\/news\/rakesh-jhunjhunwala-cuts-stake-in-vip-as-covid-2-0-takes-toll-on-travel\/82064130"},{"msid":"81983339","title":"Rakesh Jhunjhunwala's biggest stock bet may log 100% profit growth in Q4: Should you buy?","entity_type":"ARTICLE","seopath":"markets\/stocks\/news\/rakesh-jhunjhunwalas-biggest-stock-bet-may-log-100-profit-growth-in-q4-should-you-buy","category_name":"News","synopsis":"Analysts say that the jewellery segment\u2019s performance for the quarter was way ahead of their estimates. ","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-276995\/81983339.cms?width=150&height=112","link":"\/news\/markets\/stocks\/news\/rakesh-jhunjhunwalas-biggest-stock-bet-may-log-100-profit-growth-in-q4-should-you-buy\/81983339"},{"msid":"82080777","title":"Ashish Kacholia buys 1.45% stake in Phillips Carbon Black in Q4","entity_type":"ARTICLE","seopath":"markets\/stocks\/news\/ashish-kacholia-buys-1-45-stake-in-phillips-carbon-black-in-q4","category_name":"News","synopsis":"Ashish Kacholia's investments in listed stocks is estimated to be worth Rs 1,286 crore, according to data.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-162692\/82080777.cms?width=150&height=112","link":"\/news\/markets\/stocks\/news\/ashish-kacholia-buys-1-45-stake-in-phillips-carbon-black-in-q4\/82080777"}],"seoschemas":false,"msid":82102059,"entity_type":"ARTICLE","title":"Rakesh Jhunjhunwala sells 2.5 lakh Tata Communications shares in Q4","synopsis":"In the March quarter, Jhunjhunwala sold 2.5 lakh Tata Communications shares held in his wife\u2019s name.","titleseo":"telecomnews\/rakesh-jhunjhunwala-sells-2-5-lakh-tata-communications-shares-in-q4","status":"ACTIVE","authors":[{"author_name":"Shubham Raj","author_link":"\/author\/479253094\/shubham-raj","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479253094.cms?width=250&height=250","author_additional":{"thumbsize":false,"msid":479253094,"author_name":"Shubham Raj","author_seo_name":"shubham-raj","designation":"Digital Content Producer","agency":false}}],"analytics":{"comments":0,"views":641,"shares":0,"engagementtimems":3205000},"Alttitle":{"minfo":""},"artag":"ETMarkets.com","artdate":"2021-04-16 16:31:56","lastupd":"2021-04-16 16:32:25","breadcrumbTags":["tata communications","rakesh jhunjhunwala","tata communications shares","Tata Communications share price","Industry","Tata Communications Ltd.","Tata Communications stock price","tata group","telecom news"],"secinfo":{"seolocation":"telecomnews\/rakesh-jhunjhunwala-sells-2-5-lakh-tata-communications-shares-in-q4"}}" data-authors="[" shubham raj"]" data-category-name="" data-category_id="" data-date="2021-04-16" data-index="article_1">

Rakesh Jhunjhunwala卖2.5十万的塔塔通信第四季度的股票

在第一季度,Jhunjhunwala卖2.5十万的塔塔通信以他妻子的名义持有的股份。

Shubham拉吉
  • 更新于2021年4月16日下午04:32坚持
阅读: 100年行业专业人士
读者的形象读到100年行业专业人士

新德里:尽管他加油助威塔塔集团公司,他认为是准备增长在未来几年,ace的投资者拉克什Jhunjhunwala3季度的行为掩饰他的话。

后卖泰坦公司股价3月季度价值344卢比,他同样减少了他在互联网基础设施提供商的股份塔塔通信通过他的妻子举行。

在第一季度,Rakesh Jhunjhunwala出售2.5十万卢比塔塔通信股份在他的妻子的名字,她的股份至1.04%,最新持股数据显示。她持有该公司1.12%的股份在12月底。

广告
她在公司剩余股份现在价值325卢比。Jhunjhunwala所出售的股票价值在最后收盘价27.50卢比。

大公牛的举动是在塔塔通信超过三倍的回报在过去的一年。

柜台先进约2%至Rs 1121 .90每个周四,尽管新闻。乐动扑克

然而,并不是每个人都像Jhunjhunwala看跌塔塔通信。

共同基金股份增加了10倍的季度。他们现在塔塔通信持有4.01%的股份,高于先前的0.41%。

外国组合投资者增加了他们在公司的股份从24.40%降至17.65%。

人寿保险公司(LIC)现在持有2.17%的股份。大股东之间的保险巨头没有图12月当季的末尾。

公众公司的股份增加到41.14%,此前政府抹去8846卢比通过出售上个月该公司26.12%的股份。它不再持有任何股份的公司。

售股后,塔塔集团的控股在塔塔通信增加到58.87%。

  • 发布于2021年4月16日04:31点坚持
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NEW DELHI: Despite his vocal support to Tata Group<\/a> companies, which he believes are primed for growth in the next few years, ace investor Rakesh Jhunjhunwala<\/a>’s actions during March quarter belie his words.

After selling Titan Company shares worth Rs 344 crore in the March quarter, he has also trimmed his stake in internet infrastructure provider
Tata Communications<\/a> held through his wife.

In the March quarter, Rakesh Jhunjhunwala sold 2.5 lakh
Tata Communications shares<\/a> held in his wife’s name, bringing her stake in the company to 1.04 per cent, latest shareholding data showed. She had held a 1.12 per cent stake in the company at the end of December.

Her remaining stake in the company is now valued at Rs 325 crore. The shares sold by Jhunjhunwala are valued at Rs 27.50 crore at the last closing price.

The Big Bull's move comes on the back of over three-fold returns in Tata Communications in the last one year.

The counter advanced about 2 per cent to Rs 1,121.90 apiece on Thursday despite the news.

However, not everyone is as bearish on Tata Communications as Jhunjhunwala.

Mutual funds increased their stake in the company by as much as 10 times during the quarter. They now hold a 4.01 per cent stake in Tata Communications, up from 0.41 per cent previously.

Foreign portfolio investors increased their stake in the company to 24.40 per cent from 17.65 per cent.

Life Insurance Corporation (LIC) now holds a 2.17 per cent stake. The insurance behemoth did not figure among major shareholders at the end of the December quarter.

Public shareholding in the company increased to 41.14 per cent after the government mopped up about Rs 8,846 crore by selling a 26.12 per cent stake in the company last month. It no longer holds any shares in the firm.

After the share sale, Tata Group's holding in Tata Communications increased to 58.87 per cent.
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