Friday, 24 January 2014

Radico Khaitan gains 4%; Jhunjhunwala buys shares

Shares in liquor manufacturer Radico Khaitan rose as much as 4.4 per cent on Friday after well-known domestic investor Rakesh Jhunjhunwala bought shares in the company, several dealers said.

Rare Enterprises, the investment arm run by Jhunjhunwala, bought on Thursday 685,112 shares in Radico, or nearly 0.51 per cent of the outstanding equity, exchange data showed.

Shares in Radico were up 0.7 per cent to 168.95 rupees at 10:45 a.m. Read more..

Source: Hindi News

From NDTV News

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