Moneycontrol
Last Updated : May 09, 2020 06:15 AM IST | Source: Moneycontrol.com

Rakesh Jhunjhunwala raises stake in VIP Industries during March quarter

In Q4FY20, Rakesh Jhunjhunwala held a total of 75,00,400 shares of VIP Industries against a total of 72,15,400 shares of the company held at the end of Q3

 
 
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One of India's most successful investors, Rakesh Jhunjhunwala, raised his stake by 2.85 lakh shares in VIP Industries during the January-March quarter of FY20, data available with BSE showed.

In Q4FY20, Rakesh Jhunjhunwala held a total of 75,00,400 shares of VIP Industries against a total of 72,15,400 shares of the company held at the end of Q3.

In percentage terms, Jhunjhunwala now holds 5.31 percent shares of the company, data showed.

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Shares of VIP Industries fell 44.45 percent during the March quarter.

The company's net sales stood at Rs 432.35 crore in December 2019, up 0.53 percent year-on-year. Net profit came in at Rs 34.21 crore in December 2019, up 43.56 percent YoY.
First Published on May 8, 2020 09:41 pm
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