Shares of Zensar Tech and Birlasoft were surging in the green on Friday. Ace investor Ashish Dhawan owns a substantial stake in both IT companies.
Shares of Zensar Tech went up close to 3% to hit an intraday high of ₹394.20. Despite the uncertainties in the IT sector since the start of the year, the stock has performed tremendously week. On a year-to-date basis, the stock has gone up over 80%.
Dhawan owns around 1.06% or 24 lakh shares of the company. On Wednesday, when the stock closed at ₹381.75, the value of his stake was around ₹91.62 crore. Today, with the surge the value of his holding went up to ₹94.60 crore. An increase of around ₹3 crore.
Shares of Birlasoft jumped over 3% to hit an intraday high of ₹363.35, close to its 52-week high of ₹376.55. Dhawan owns 1.01% or 27.64 lakh shares of the company. On Wednesday, when the stock closed at ₹351.75, the value of his shares was around ₹97.2 crore. With the surge today, the value of his stock went up to ₹100.4 crore, adding another ₹3 crore to his net worth.
In total, the two stocks added ₹6 crore to his net worth today.
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Price Action: Zensar Tech’s share price was up 2.46% to trade at ₹391.15. Birlasoft share price was up 2.33% to trade at ₹359.95.
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