Indiabulls Real Estate rises by sixteen% to Rs. Sixty three.8, after ace investor Rakesh Jhunjhunwala’s Rare Enterprises obtained the organization’s shares worth nearly Rs. 29 crore via an open marketplace transaction.
On November 12, Rare Enterprises sold 50 lakh scrips of the organisation (representing 1.1% of the whole paid-up fairness shares) at a median rate of Rs. Fifty seven.Seventy three apiece, as in keeping with NSE’s bulk deal records. This took the overall deal fee to Rs. 28.86 crore.
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