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Jubilant Ingrevia rises 5% as Rakesh Jhunjhunwala raises stake in firm

The shares of the firm were listed on the bourses on March 19 in the list of T Group of Securities

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2 min read Last Updated : Mar 23 2021 | 10:15 AM IST

Shares of Jubilant Ingrevia were locked in 5 per cent upper circuit limit at Rs 299 on the BSE, also its fresh 52-week high, in Tuesday's intra-day session after ace investor Rakesh Jhunjhunwala said that persons acting in his concert purchased an additional 3,04,009 equity shares in the company on March 19. The persons acting in concert include Rekha Jhunjhunwala, Sushiladevi Gupta, Rare Enterprises and Rare Share & Stocks.