Rakesh Jhunjhunwala buys into HT Media, shares soar

Shares of HT Media rose as much as 5.8 per cent after well-known private investor Rakesh Jhunjhunwala bought 1.5 million shares in the company.

Rare Enterprises, the investment arm of Jhunjhunwala, bought 1.5 million shares in the Indian media firm on Friday, exchange data showed.

Shares in HT Media were up 3.8 per cent at 12.20 p.m.


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