This Midcap Stock Added ₹70 Crore To Rekha Jhunjhunwala's Net Worth Today

CRISIL‘s share price went up over 4% today to hit a new 52-week high of ₹3,950. Rekha Jhunjhunwala owns a 5.47% stake in the company.

Shares of the credit-rating agency have been upbeat after its earnings for the March quarter beat expectations. The company’s consolidated revenue from operations went 20% year-over-year at ₹714.89 crore. Net profit for the quarter stood at ₹145.75, up close to 20% from the ₹121.62 crore profit it booked in the year-ago period.

See Also: Why This Rekha Jhunjhunwala Portfolio Stock Is Surging Today

Shares of the company have gone up over 11% in the past month. So, with today’s surge, here’s how this midcap stock added over ₹70 crore to Rekha Jhunjhunwala’s net worth.

Jhunjhunwala owns 5.47% or 40 lakh shares of the company. The value of her holding was at ₹1,507.34 crore when the stock closed at ₹3,768.35 on Tuesday. Today with the surge, her stake’s worth went up to ₹1,580 crore – an increase of around ₹73 crore.

Price Action: CRISIL’s share price was up 3.98% to trade at ₹3,918.40 in the afternoon hours of trading on Wednesday.

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Posted In: EquitiesMarketsCRISILRekha Jhunjhunwala