These 2 Midcap Stocks Made Ashish Dhawan ₹11 Cr Richer Today

Ace investor Ashish Dhawan saw a significant increase in his net worth today, thanks to the impressive performance of two midcap stocks, Birlasoft and Zensar Tech. Both stocks hit their 52-week highs on Thursday.

Shares of Birlasoft surged up over 4% to hit a new 52-week high of ₹366.45. Dhawan owns 1.01% or 27.64 lakh shares of Birlasoft. So, on the previous day, when the stock closed at ₹349.30, the value of his holding was ₹96.55 crores. Today, after the surge to ₹366.45, his stake’s value went up to ₹101.28 crores, leading to an increase in Dhawan’s wealth by about ₹4.73 crores.

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Zensar Tech’s share price jumped over 7% to hit a new 52-week high of ₹425. Dhawan owns 1.06% or 24 lakh shares of Zensar Tech. So, on the previous day, when the stock closed at ₹396.40, the value of his holding was ₹95.13 crores. Today, after the surge to ₹425, his stake’s value went up to ₹102 crores, leading to an increase in Dhawan’s wealth by about ₹6.87 crores.

Price Action: Birlasoft share price was up 4.17% to trade at ₹363.85. Zensar Tech share price was up 5.37% to trade at ₹417.70.

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Editor’s Note: Artificial intelligence was used as a secondary aid in the writing of this story.

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Posted In: EquitiesEducationMarketsGeneralAshish DhawanBirlasoftZensar Tech