Ace investor Rakesh Jhunjhunwala and his wife Rekha on Friday picked up 25 lakh shares of budget carrier SpiceJet for an estimated nearly Rs 10 crore. According to merchant banking sources, Jhunjhunwalas together bought 25 lakh scrips of SpiceJet through open market transactions.
The shares were purchased on an average price of Rs 38.94 apiece, valuing the transaction at Rs 9.73 crore, they added. However, identity of sellers could not be ascertained. In July last year, Jhunjhunwala's Rare Enterprises had acquired 25 lakh shares of SpiceJet for Rs 7.69 crore.
source:http://www.moneycontrol.com/news/business/jhunjhunwalas-buy-25-lakh-sharesspicejet-for-rs-10cr_864524.html#toptag
No comments:
Post a Comment