rakesh jhunjhunwala: Rakesh Jhunjhunwala sells 2.5 lakh Tata

rakesh jhunjhunwala: Rakesh Jhunjhunwala sells 2.5 lakh Tata Communications shares in Q4


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NEW DELHI: Despite his vocal support to Tata Group companies, which he believes are primed for growth in the next few years, ace investor Rakesh Jhunjhunwala’s actions during March quarter belie his words.
After selling Titan Company shares worth Rs 344 crore in the March quarter, he has also trimmed his stake in internet infrastructure provider Tata Communications held through his wife.
In the March quarter, Rakesh Jhunjhunwala sold 2.5 lakh Tata Communications shares held in his wife’s name, bringing her stake in the company to 1.04 per cent, latest shareholding data showed. She had held a 1.12 per cent stake in the company at the end of December.

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