Business Here's why Rakesh Jhunjhunwala is raising his stake in DHFL Updated : October 16, 2018 11:20 AM IST On September 21, the stock tanked 55 percent in a single day followed by a rangebound movement. The ace investor increased his stake in the company by 43 basis points from 2.76 percent in the June quarter. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.