Shares of the company have jumped nearly 66% to Rs 1,966 in the past one year till September 2, 2021.
Rakesh Jhujhunwala bought 2.17% stake or 1,00,00,000 shares of Indiabulls Housing Finance during the June quarter.
The move comes after ace investor Rakesh Jhunjhunwala at multiple media interactions has stated that he is very bullish on Tata Group stocks
With a holding value of over Rs 745 crore, ace stock picker Rakesh Jhunjhunwala is one of the key shareholders in the company
Rakesh Jhunjhunwala believes that the commodity supercycle has just started and it will stay here for at least 6-7 years