Rakesh Jhunjhunwala's Rare Enterprises picks stake in Indiabulls Real Estate

Rakesh Jhunjhunwala's Rare Enterprises picks stake in Indiabulls Real Estate

Photo: Reuters

Rakesh Jhunjhunwala’s RARE Enterprises on Thursday purchased 50 lakh shares of Indiabulls Real Estate through a an open market transaction on NSE, data available with the exchange showed. Following the move, the stock jumped 15.68 per cent to ₹63.80 on the BSE.