 "Markets may correct in the short term. But in a bull market the correction is always sharp, swift and short-lived: Rakesh Jhunjunwala")
Rakesh Jhunjhunwala’s holding value in Nazara Technologies crossed Rs 1,000 crore mark as the stock rallied 19 per cent on the BSE in Friday’s intra-day trade. In the past one month, the market price of Nazara Technologies, diversified gaming and sports media platform, has zoomed 78 per cent. In comparison, the S&P BSE Sensex was up 3 per cent during the same period.
Ace investor Rakesh Radheshyam Jhunjhunwala held a 10.82 per cent stake in Nazara Technologies as of June 30, 2021. Based on intra-day high, the company's market capitalisation stood at Rs 9,800 crore while Rakesh Jhunjhunwala’s net worth
