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Rakesh Jhunjhunwala pares stake in this smallcap stock – Economic Times

NEW DELHI: Rakesh Jhunjhunwala and Rare Investments offloaded shares of , according to bulk deal data available on the BSE on Tuesday.

The ace investor sold 150,770 shares of the company at Rs 1,205.19 per share while Rare Investments dumped 387,727 shares at Rs 1,205.42 per share. At the same time, Plutus Wealth Management bought 475,000 shares of Ion Exchange at Rs 1,220.75 per share.

As of December quarter end, Jhunjhunwala held 5.29 per cent in the industrial machinery company.

Among other bulk deals, Rashi Gupta sold 100,000 shares of GG Engineering at Rs 108.85 per share. Mohit Bung sold 47,381 shares of Concord Drugs, of which 44,429 shares were bought by Nagi Reddy Selam.

NSE did not upload bulk deal data at the time of publishing the article.

Here are all the BSE bulk deals: