
Akasa Air's Dilemma: To Be Or Not To Be
As Akasa Air reaches the one year milestone, its raison d'etre is not yet clear
As Akasa Air reaches the one year milestone, its raison d'etre is not yet clear
Despite the recent rally, this gaming stock trades 53% lower than its 52-week high of ₹1,677.20 touched in October last year.
The Ahmedabad-based Active Pharmaceutical Ingredients (API) maker’s IPO is entirely an offer for sale.
RARE Investments, the investment arm of late Rakesh Jhunjhunwala and wife Rekha, acquired 4.25 million shares, or a 7.91% stake in Singer India on Tuesday
The late billionaire investor did not invest in overseas stocks.
Value fund manager feels the late Jhunjhunwala’s ability to stay put with high PE stocks is rare.
Rakesh Jhunjhunwala had an estimated net worth of ₹31,905 crore (as of July 2022) and his biggest investment was in Titan Company, Star Health, and Metro Brands
Billionaire veteran investor and the founder of newly-launched Akasa Air, Rakesh Jhunjhunwala passes away at the age of 62 in Mumbai
The mobile gaming company’s consolidated profit rose 22% on-year and 237% on a sequential basis to ₹16.5 crore in the June quarter, driven by strong revenue growth.
The Tata Group company’s stock jumped after the company said its total sales in the June quarter of FY23 grew 205% on yearly basis due to the low base effect.