HT Media jumps 5.8 pct as Rakesh Jhunjhunwala buys 1.5 mn shares

Mar 03 2014, 19:20 IST
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SummaryHT Media shares were bought by Rakesh Jhunjhunwala on Friday.

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

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

Shares in HT Media were up 4.85 percent at 81.05 rupees at 0546 GMT.

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