SENSEX NIFTY
May 16, 2012, 09.37 AM IST | Source: PTI

Rakesh Jhunjhunwala buys 25.50 lakh Prime Focus shares

Ace investor Rakesh Jhunjhunwala today increased his stake in visual entertainment services firm Prime Focus by acquiring additional shares worth Rs 11 crore through open market transactions.

Ace investor Rakesh Jhunjhunwala today increased his stake in visual entertainment services firm Prime Focus by acquiring additional shares worth Rs 11 crore through open market transactions.

According to bulk data available with the stock exchanges, Jhunjhunwala purchased 25.50 lakh shares (amounting to 1.71% stake) of Prime Focus held by Royal Bank of Scotland (RBS) for Rs 42.05 apiece, valuing the deal to Rs 10.72 crore.

As of last month, Jhunjhunwala and his wife Rekha Jhunjhunwala held 5.93 per cent stake in the company, while RBS' holding in Prime Focus stood at 1.99 per cent.

Shares of the company rose by 2.13 per cent to close at Rs 43.10 apiece on the BSE.

Prime Focus stock price

On November 27, 2014, Prime Focus closed at Rs 48.75, up Rs 0.20, or 0.41 percent. The 52-week high of the share was Rs 58.35 and the 52-week low was Rs 23.75.


The company's trailing 12-month (TTM) EPS was at Rs 2.15 per share as per the quarter ended September 2014. The stock's price-to-earnings (P/E) ratio was 22.67. The latest book value of the company is Rs 25.55 per share. At current value, the price-to-book value of the company is 1.91.

Set email alert for

ADS BY GOOGLE

video of the day

Don’t try to time market; OMCs, paint cos to benefit: Emkay

Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.