Thursday, 7 June 2018

This stock in Rakesh Jhunjhunwala portfolio zooms 100% in 6 months

The stock was up 4% at Rs 78.95, its highest level since January 10, 2018, rallied 101% in past six months as compared to 8% rise in the S&P BSE Sensex. Shares of Firstsource Solutions (FSL) were up 4% at Rs 78.95 per share, trading at their highest level since January 10, 2008. In past six months, FSL has outperformed the market by surging 101% as compared to 8% rise in the S&P BSE Sensex. Ace investor Rakesh Jhunjhunwala holds 20 million or 2.91% stake in FSL as of March 31, 2018, the shareholding pattern data shows. Rakesh Jhunjhunwala hiked his holding in the company by 0.2 percentage points or by 1.5 million equity shares between October 2017 and March 2018, data shows.


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