Shares of Escorts Kubota have rallied 257 per cent in the last three years. The large cap stock, which closed at Rs 460.02 on August 7, 2019 rose to a high of Rs 1,648 on the BSE today. An amount of Rs 1 lakh invested in the shares of Escorts Kubota three years ago would have turned into Rs 3.58 lakh today. In comparison, Sensex has risen 56.75 per cent during the period.
Shares of Star Health Insurance have zoomed 51% from their 52-week low in just 21 trading sessions or a month. The stock, which forms a part of ace investor Rakesh Jhunjhunwala's portfolio, hit a 52-week low of Rs 469.05 on July 1, 2022. The Star Health share closed at Rs 710.20 on August 1, delivering 51.41 per cent returns to investors in a month. However, Star Health Insurance stock is still trading 23.3 per cent lower from the 52-week high of Rs 940 it hit on December 10, 2021. Rakesh Jhunjhunwala is a promoter of Star Health. He (14.39 per cent or 8.28 crore shares) and his wife Rekha Jhunjhunwala (3.10 per cent or 1.78 crore shares) held 17.49 per cent stake in the firm as of June 2022 quarter, shareholding pattern data show.
Get latest articles and stories on India at LatestLY. Rakesh Jhunjhunwala-backed Akasa Air on Tuesday said it will start operating flights on the Chennai-Mumbai route from September 15. India News | Akasa Air to Start Flights on Chennai-Mumbai Route from Sept 15.