This Small Cap Stock Made Rekha Jhunjhunwala ₹51 Crore Richer Today

Ace investor Rekha Jhunjhunwala saw a significant increase in her net worth today, thanks to the impressive performance of the Jubilant Pharmnova stock. The stock surged over 14% today to hit a 52-week high today on Thursday.

Jhunjhunwala owns 6.68% or 10,645,000 shares of Jubilant Pharmnova. So, on the previous day, when the stock closed at ₹404.75, the value of her holding was ₹431.33 crore. Today, after the surge to ₹453.30, her stake’s value went up to ₹482.70 crore.

Shares of the pharma company have had a great run at the bourses this year. In the past six months, the stock has gone up over 39%.

Price Action: Jubilant Pharmnova’s share price was up 12.80% to trade at ₹450.90 in the mid-market hours of trading on Thursday.

Read Next: Why Analyst Sees This Ashish Kacholia-Backed Small-Cap Stock Going Up 40%

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

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Posted In: EquitiesMarketsJubilant PharmovaRekha Jhunjhunwala