Skip to main content

Posts

Showing posts with the label Rakesh Jhunjhunwala

Featured Post

How to Pick Mutual Funds That Beat the Market

  Smart Strategies for Investing in Mutual Funds: A Guide to Maximising Your Returns One of the most well-liked investing options for people looking for expert management and diversification without having to choose individual equities is a mutual fund. One of the easiest ways for people to accumulate wealth over time is through mutual fund investments. Mutual funds combine the capital of numerous individuals to invest in a diverse portfolio of stocks, bonds, and other securities, in contrast to direct stock market investing, which necessitates considerable time, study, and risk tolerance. Mutual funds are a well-liked option for both new and experienced investors due to their expert management and diversification. But merely investing in a mutual fund and crossing your fingers seldom yields the best outcomes. A comprehensive approach that matches the appropriate fund selection and management strategies with your financial objectives, risk tolerance, and investment timeline is nece...

Rakesh Jhunjhunwala makes new investment in VA Tech Wabag

  Water management company VA Tech Wabag has raised Rs 120 crore from the sale of its equity shares. The company has achieved this at a time when many infrastructure management companies are struggling to recover from the effects of the lockdown caused by the coronavirus epidemic. The company had issued equity shares valued at Rs 160. Of the Rs 120 crore raised by VA Tech Wabag, Rs 80 crore has been invested by Rakesh Jhunjhunwala. At the same time, Basera Home Finance has invested Rs 24 crore and Jai Corporation promoter Anand Jain has invested Rs 16 crore. It is 10% of the total market capitalization of the company.   VA Tech Wabag provides water management solutions to municipalities and business houses. The company advises companies, large corporations and governmental organizations in the fields of water conservation, water recycling and reuse of water resources and resolves water-related problems. By March 2020, the company has received orders worth Rs 5947 crore. ...