Business
Investor Rakesh Jhunjhunwala raises stake in THIS Tata Group stock, have you invested?
Rakesh Jhunjhunwala portfolio stocks are closely followed by stock market investors. The Big Bull of the Indian stock market is known for making key investments that have provided him with impressive returns in the last few years.
This time around, Jhunjhunwala has increased his stake in another Tata Group stock — Indian Hotels. According to the latest shareholding pattern of the hotel chain, Jhunjhunwala has increased his stake in the company from 2.10 per cent to 2.16 per cent in the quarter ended December 2021.
According to the company’s shareholding pattern for Q3 FY22, Jhunjhunwala and his wife, Rekha Jhunjhunwala, have increased their stake in the hotel chain. Jhunjhunwala now owns 1,42,79,200 shares or 1.08 per cent stake in Indian Hotels, while Rekha holds 1,42,87,765 shares or 1.08 per cent stake.
In the quarter ended September 2021, Jhunjhunwala held 1,25,00,000 shares or a 1.05 per cent stake in Indian Hotels. Whereas, his wife held a 1,25,10,000 shares or 1.05 per cent stake in the Tata Group firm.
Following the news of Jhunjhunwala increasing his stake in Indian Hotels, several market analysts have also become bullish on Indian Hotels stock.
The company has also successfully reduced its debt, despite the Omicron scare in the country and internationally – another reason why stock market analysts are having high hopes for the Rakesh Jhunjhunwala portfolio stock.
Indian Hotels shares closed at Rs 209.95 on NSE on Thursday (January 20). In the last one year, the stock has jumped from Rs 117.77 to Rs 209.95, providing a return of about 78% to investors
Business
Apple is giving a huge discount on its gadgets: Details inside
If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.
The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.
Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.
Amazon Summer Sale May 2022: Discount offer on iPhone 13
Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.
If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.
Buy at Rs. 64,900 (MRP – Rs. 79,900)
Features of Apple iPhone 13
The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.
The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.