Yes Bank surges as Rakesh Jhunjhunwala buys stake

Yes Bank surges as Rakesh Jhunjhunwala buys stake

by admin- Tuesday, November 5th, 2019 04:14:59 PM

Yes Bank surged by means of nine% to Rs. Seventy one.90, after Rakesh Jhunjhunwala sold a stake in the corporation thru open marketplace transactions.

Ace inventory marketplace investor Rakesh Jhunjunwala on Monday bought Yes Bank shares well worth Rs. 87 crore.

Jhunjunwala bought 12.95 million shares of the lender at a fee of Rs. 67.1 apiece, information suggests

The investment in Yes Bank’s shares by means of Jhunjhunwala comes after the lender announced last week that it has received offers of $3 billion from capability buyers.

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