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

Apple’s New Diwali Film with Raw Mango Puts the iPhone 18 Pro’s Low-Light Filmmaking to the Test

Apple’s New Diwali Film with Raw Mango Puts the iPhone 18 Pro’s Low-Light Filmmaking to the Test

Oppo Pad Mini Review: The Ultimate Compact Android Tablet?

Oppo Pad Mini Review: The Ultimate Compact Android Tablet?

Dell 14S Launched In India With Core 7 Series 3 Chips, Starts At ₹79,990

Dell 14S Launched In India With Core 7 Series 3 Chips, Starts At ₹79,990

HP unveils OmniBook 5 and ProBook 4 G2iS with OLED displays and AI features

HP unveils OmniBook 5 and ProBook 4 G2iS with OLED displays and AI features

Google Dreambeans: An AI App That Makes Discovery Feel Personal

Google Dreambeans: An AI App That Makes Discovery Feel Personal

ASUS India Brings AI-Powered ExpertBook Business Laptops to Flipkart Big Bang Diwali Sale 2026

ASUS India Brings AI-Powered ExpertBook Business Laptops to Flipkart Big Bang Diwali Sale 2026

Logitech MX Master 4 Developer Edition Launched In India At ₹20,699

Logitech MX Master 4 Developer Edition Launched In India At ₹20,699

Logitech MX Keypad Review: A Smarter Shortcut Panel For Modern Work

Logitech MX Keypad Review: A Smarter Shortcut Panel For Modern Work

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.

Frequently Asked Questions

Rakesh Jhunjhunwala bought 50,00,000 shares of Zee Entertainment.

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

How Does a Critical Illness Policy Work? Coverage, Claims & Benefits Explained

How Does a Critical Illness Policy Work? Coverage, Claims & Benefits Explained

Sensex Falls 252 Points, Nifty Slips as Crude Oil Tops $106

Sensex Falls 252 Points, Nifty Slips as Crude Oil Tops $106

Sensex Jumps Over 1,100 Points, Nifty Gains 1.6% as IT Stocks Rally

Sensex Jumps Over 1,100 Points, Nifty Gains 1.6% as IT Stocks Rally

Sensex falls 429 points, Nifty slips 173 points after RBI rate hike

Sensex falls 429 points, Nifty slips 173 points after RBI rate hike

RBI raises repo rate by 25 bps to 5.50%, shifts policy towards tightening

RBI raises repo rate by 25 bps to 5.50%, shifts policy towards tightening

ADVERTISEMENT

editorji-whatsApp

More videos

GST rates likely unchanged as 57th Council meeting focuses on reforms

GST rates likely unchanged as 57th Council meeting focuses on reforms

Sensex gains 685 points, Nifty rises 220 points to cross 22,700

Sensex gains 685 points, Nifty rises 220 points to cross 22,700

Sensex gains 473 points, Nifty rises 134 points as markets stage recovery

Sensex gains 473 points, Nifty rises 134 points as markets stage recovery

India To Grow 7% In FY27, Next Growth Phase Hinges On Infra, Deeper Capital Markets: S&P Global

India To Grow 7% In FY27, Next Growth Phase Hinges On Infra, Deeper Capital Markets: S&P Global

Sensex Falls 49 Points, Nifty Slips 96 As Selling Pressure Returns

Sensex Falls 49 Points, Nifty Slips 96 As Selling Pressure Returns

Sensex falls 243 points, Nifty slips 64 points as foreign outflows and crude prices weigh

Sensex falls 243 points, Nifty slips 64 points as foreign outflows and crude prices weigh

India launches anti-dumping probes into 7 Chinese products, including key pharma ingredients

India launches anti-dumping probes into 7 Chinese products, including key pharma ingredients

Sensex crashes 1,124 points, Nifty falls 1.56% as crude surges above $107

Sensex crashes 1,124 points, Nifty falls 1.56% as crude surges above $107

Sensex Rises 315 Points, Nifty Gains 77 as Markets Recover After Sharp Sell-Off

Sensex Rises 315 Points, Nifty Gains 77 as Markets Recover After Sharp Sell-Off

Sensex Crashes 1,248 Points, Nifty Falls 1.64% Amid Global Cues

Sensex Crashes 1,248 Points, Nifty Falls 1.64% Amid Global Cues

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