This Small Cap Stock Added ₹25 Crore To Rekha Jhunjhunwala's Net Worth Today
Take Stock Of The Week Ahead

Get all the latest Share Market trends and news to set you up for the week ahead.

Congratulations!
You have successfully subscribed.

Shares of Karur Vysya Bank surged up over 5% on Wednesday to continue its gaining streak for the third straight session. Rekha Rakesh Jhunjhunwala owns a 4.5% stake in the company.

Shares of the bank surged over 5% to hit a new 52-week high of ₹135. Shares of the private lender have been upbeat since it posted its numbers for the quarter ended March. The stock has gone up over 23% in just the past month.

See Also: Why Samvardhana Motherson Shares Are Skyrocketing Today

Jhunjhunwala owns 4.50% or 3.795 crore shares of the bank. On Tuesday, when the stock closed at ₹128.40, the value of her stake was around ₹487.3 crore. Today, with the rally, the value of her holding went up to ₹512.34 crore. An increase of around ₹25 crore.

But, the bank also boasts of another ace investor as its shareholder. Mukul Agrawal owns 1.06% or 85 lakh shares of the bank. The value of his holding saw an increase of around ₹5 crore today.

Price Action: Karur Vysya’s share price was up 4.95% to trade at ₹134.75 in the early hours of trading on Tuesday.

Read Next: Tata Group’s Air India, Vistara Look To Quell Competition Watchdog’s Concerns: Report

Don't miss a beat on the share market. Get real-time updates on top stock movers and trading ideas on Benzinga India Telegram channel.

Comments
Loading...
EquitiesMarketsMoversTrading IdeasKarur Vysya BankMukul AgrawalRekha Jhunjhunwala