Rakesh Jhunjhunwala has increased his stake in 4 different stocks in April and May 2012.
As per the data available with stock exchanges, Rakesh Jhunjhunwala has increased his holdings in Prime Focus, Aptech, Viceroy Hotels and Geometric software through open market transactions.
These stocks have surged in past 2 months significantly even in falling market. Viceroy Hotels was the biggest gainer at 39%, Geometric (16%), Aptech (12%) and Prime Focus (3%). All the surge was mainly due to Rakesh Jhunjhunwala buying stocks of these companies. Basically these stocks are good stocks to buy as long term investment.
Rakesh Jhunjhunwala has acquired 25.5 lakh more shares or 1.71 per cent shares of Prime Focus. After this purchase, his total stake in company is at 7.64%.
He has bought additional 10 lakh shares, or 1.6% stake, in Geometric to take his total stock holding to 10.06%.
Rakesh Jhunjhunwala also acquired 2.24% in Aptech. His holdings in Aptech is over 32% per cent. Also he has increased his holdings in Viceroy Hotels to 13.45% by acquiring additional 3.45% shares.
