Highlights

  • Rakesh Jhunjhunwala bought 50 lakh shares of Zee at Rs 220
  • BofA picked up 48.65 lakh shares
  • Rakesh and BofA together bought 1% stake in Zee

Latest news

Samsung Galaxy Z Fold 8, Fold 8 Ultra & Z Flip 8: A More Mature Foldable Family

Samsung Galaxy Z Fold 8, Fold 8 Ultra & Z Flip 8: A More Mature Foldable Family

Dell Launches New Alienware 16X Aurora, 16 Area-51 and 18 Area-51 Gaming Laptops in India

Dell Launches New Alienware 16X Aurora, 16 Area-51 and 18 Area-51 Gaming Laptops in India

Samsung Takes on Premium Home Audio With New Music Studio Series

Samsung Takes on Premium Home Audio With New Music Studio Series

The End of OxygenOS: OnePlus Confirms Shift to Oppo's ColorOS 

The End of OxygenOS: OnePlus Confirms Shift to Oppo's ColorOS 

Fujifilm Instax Mini Evo Cinema Review: A Hybrid Camera That Prints Memories Differently 

Fujifilm Instax Mini Evo Cinema Review: A Hybrid Camera That Prints Memories Differently 

iQOO Teases Z11 Lite With AI Tools, Military-Grade Durability and a 6500mAh Battery

iQOO Teases Z11 Lite With AI Tools, Military-Grade Durability and a 6500mAh Battery

Editorji Launches Hook Global, Its International Digital News Brand

Editorji Launches Hook Global, Its International Digital News Brand

Samsung's Bespoke AI ACs Focus on Humidity, Hygiene and Smarter Cooling

Samsung's Bespoke AI ACs Focus on Humidity, Hygiene and Smarter Cooling

Zee Entertainment: Rakesh Jhunjhunwala buys 50,00,000 shares; BofA bets too

The stock ended the day at Rs 261.70, thus Rakesh's MTM gain for yesterday was Rs 20.5 crore.

Zee Entertainment: Rakesh Jhunjhunwala buys 50,00,000 shares; BofA bets too

Rakesh Jhunjhunwala bought 50 lakh shares of Zee Entertainment on Tuesday, which calculates to almost half a percent stake in the company.

Jhunjhunwala's stock trading firm Rare Enterprises picked up Zee Entertainment shares at Rs 220.44, which means his total investment was more than Rs 110 crore. This comes on a day when the shares surged 40 percent as Zee Entertainment's shareholders demanded the removal of MD Punit Goenka over corporate governance issues.

Also read/watch: Zee shareholders want to throw out MD & board members

The stock ended the day at Rs 261.70, thus Rakesh's MTM gain for yesterday was Rs 20.5 crore.

BofA Securities Europe also acquired 48.65 lakh equity shares in Zee at Rs 236.2.

ADVERTISEMENT

Up Next

Zee Entertainment: Rakesh Jhunjhunwala buys 50,00,000 shares; BofA bets too

Zee Entertainment: Rakesh Jhunjhunwala buys 50,00,000 shares; BofA bets too

Step-by-step guide to apply for a mortgage loan online with minimal documentation

Step-by-step guide to apply for a mortgage loan online with minimal documentation

Honda Activa 6G: Everything You Need to Know Before Buying

Honda Activa 6G: Everything You Need to Know Before Buying

How much does a ULIP plan really cost? A break-down of all charges

How much does a ULIP plan really cost? A break-down of all charges

Centre plans to borrow Rs 8.20 lakh cr from market in first half of FY27

Centre plans to borrow Rs 8.20 lakh cr from market in first half of FY27

Reliance denies buying Iranian oil amid US sanctions waiver

Reliance denies buying Iranian oil amid US sanctions waiver

ADVERTISEMENT

editorji-whatsApp

More videos

Premium petrol price up Rs 2, industrial diesel up Rs 22; no change in normal petrol, diesel rates

Premium petrol price up Rs 2, industrial diesel up Rs 22; no change in normal petrol, diesel rates

India's GDP expected to register over 8 pc growth in Sep-Dec: Report

India's GDP expected to register over 8 pc growth in Sep-Dec: Report

Govt announces seven measures to help boost exports

Govt announces seven measures to help boost exports

RBI keeps interest rates on hold after US trade deal boosts outlook

RBI keeps interest rates on hold after US trade deal boosts outlook

RBI proposes to compensate customers up to Rs 25,000 loss due to fraud

RBI proposes to compensate customers up to Rs 25,000 loss due to fraud

RBI raises GDP growth projection of Q1, Q2 of FY27

RBI raises GDP growth projection of Q1, Q2 of FY27

RBI pauses rate cuts, retains interest rate at 5.25 pc

RBI pauses rate cuts, retains interest rate at 5.25 pc

Rupee jumps 122 paise to close at 90.27 against US dollar on India-US trade deal

Rupee jumps 122 paise to close at 90.27 against US dollar on India-US trade deal

Stock markets cheer India-US trade deal: Sensex, Nifty surge 2.5 pc

Stock markets cheer India-US trade deal: Sensex, Nifty surge 2.5 pc

UPI transactions hit record high of Rs 230 lakh crore in 2025-26 till Dec: Govt

UPI transactions hit record high of Rs 230 lakh crore in 2025-26 till Dec: Govt

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.