Rakesh Jhunjhunwala buy stakes in Escorts
- Ace investor has been doing some value buying in crashing market. His latest pick is Escorts
- Jhunjhunwala bought shares at Rs 88.23 apiece on the National Stock Exchange.Rakesh Jhunjhunwala has bought 6,21,789 equity shares on Wednesday.
- Escorts has given very strong results which Rakesh belives in and hope to become his nest mulitbagger.
- Profit after tax of the tractor manufacturer jumped 3 times year-on-year to Rs 58.3 crore and revenues rose by 16 percent Y-o-Y to Rs 1,176 crore during April-June quarter.
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