Jhunjhunwala has been constantly reducing his stake in the company, which stood at 12.74 percent in June this year.
Jhunjhunwala sold 65,820 equity shares on September 17 and 32,274 shares on September 20, in The Mandhana Retail Ventures.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have Cupid, Bharat Financial Inclusion, Sunil Hitech, Mandhana Retail, Divis Laboratories, Bharti Infratel, Globus Spirits and Muthoot Finance.
Stocks in news: TCS | Tree House | Bharat Financial | eClerx | Jagran Prakashan | Sunil Hitech | Religare | Lancor Holdings | Mandhana Retail Ventures | Asian Oilfield | Optiemus Infracom | Dhanuka Agritech | Akzo Nobel and Bombay Burmah Trading Corporation are stocks, which are in news today.
SP Tulsian of sptulsian.com shared his views with CNBC-TV18 on stocks like Bharat Financial Inclusion, Mandhana Industries, Mandhana Retail, and V-Guard Industries among others.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have HPCL, IOC, NALCO, Allcargo, Mandhana Retail, Pincon Spirits, Radico Khaitan, Bharti Airtel, Titagarh Wagons, MBL Infrastructures, Jagran Prakashan, and Nectar Life.
Mandhana Retail that listed on the BSE yesterday saw the stock locked in upper circuit on day 1. Speaking to CNBC-TV18, Manish Mandhana says, the money raised from the stake sale will help reduce promoters‘ loans and will lead to release of pledged shares.
Shares of The Mandhana Retail Ventures were locked at 5 percent upper circuit at Rs 238.10 for the second consecutive session Thursday after ace investor Rakesh Jhunjhunwala picked up stake in the company. Mandhana Industries was also locked at 20 percent upper circuit at Rs 41.55, continuing uptrend for the third straight session.
Cipla | Gitanjali Gems | S H Kelkar | Swaraj Automotives | Welspun India | Mandhana Retail | MBL Infra | NALCO | Nectar Life and Jagran Prakashan are stocks, which are in the news today.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have - Coal India, Mandhana Retail, Amtek Auto, KSK Energy, Kaveri Seed, Pratibha Industries, Prism Cement & Wockhardt.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.
Tata Motors | Coal India | Bharat Forge | Adani Ports | Axis Bank | DLF | Jindal Steel | Power Grid | Wockhardt | Royal Orchid | Asian Oilfield | Mandhana Retail | Scanpoint Geomatics | Bajaj Electricals | Omkar Speciality | HCC | Kaveri Seed | Pratibha Industries | Bombay Rayon are stocks, which are in the news today.