VIP Industries falls as Jhunjhunwala cuts stake

VIP Industries falls as Jhunjhunwala cuts stake

by admin- Thursday, April 15th, 2021 04:03:43 PM

Shares of VIP Industries dipped over 6% touching to Rs. 313, after ace investor Rakesh Jhunjhunwala sold stocks of the organization within the March zone of FY21. Jhunjhunwala sold a 2.99% stake in VIP Industries in the March 2021 quarter. He now owns a zero.70% stake in the firm even as his wife Rekha Jhunjhunwala keeps to preserve 1.62% shares of the organization.

Together, Jhunjhunwalas maintain a 2.32% stake in VIP Industries as of March region as compared to 5.31% in December 2020 region.

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