Rakesh Jhunjhunwala buys 2% stake in Dewan Housing Finance

Moneycontrol Bureau

Ace investor Rakesh Jhunjhunwala on Friday has bought 25 lakh equity shares (or 1.94 percent of total paid-up equity capital) of Mumbai-based Dewan Housing Finance Corporation.
He purchased shares at a price of Rs 135.32 apiece on the National Stock Exchange through block deal, which was worth Rs 33.75 crore.
However, Jwalamukhi Investment Holdings sold 22.75 lakh shares at Rs 133 apiece.
The stock closed at Rs 147.15 on Friday, up 12.98 percent from previous close on the NSE. It rallied more than 26 percent in past month.