Rakesh Jhunjhunwala sells 1.25 crore shares in Titan amid selling pressure in midcap space
Updated : June 29, 2018 10:29 AM IST
Top investor Rakesh Jhunjhunwala, along with eight other entities, sold 1.25 crore shares, i.e. 1.4 percent, for Rs 108 crore in Titan between May 22 and June 28, a BSE filing said.
More than half of these shares were sold on Thursday, the stock exchange filing said.
The offloading of the stake in Titan is at a period when the small and midcap stocks are undergoing a tremendous selling pressure in the market.