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By Malvika Gurung
Investing.com — The speciality retail chain Mandhana Retail Ventures (NS:) filed its newest shareholding information for the quarter ending December 2021, as per which ace investor Rakesh Jhunjhunwala seems to have exited the inventory.
Within the quarter ending September 2021, the Large Bull held 16.3 lakh fairness shares of the corporate, or a 7.39% stake, which he had been holding since a very long time.
Nevertheless, within the newest shareholding information launch by the retail chain, Jhunjhunwala’s identify was not listed among the many names of key shareholders, which implies that the ace investor both exited the inventory or booked revenue within the inventory, now holding a stake beneath 1% within the firm.
Previously 12 months, the shares of Mandhana Retail Ventures have shot 50%.
Shares of the corporate have been buying and selling 1.15% decrease at Rs 17.25 apiece at 12:05 pm on Wednesday, after ending Tuesday’s session at Rs 17.5.
Jhunjunwala and his spouse Rekha Jhunjunwala lowered their shareholding in Aptech ‘s (NS:) stake too, from 23.72% in Q2 FY22 to 23.43% in Q3 FY22.
Furthermore, the couple has held their shareholding within the pharmaceutical firm Bilcare Ltd (BO:), with Rakesh Jhunjhunwala holding a 7.37% stake and Rekha Jhunjhunwal holding a 1.11% stake within the firm, on the finish of December 2021.
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