Rakesh Jhunjhunwala partner in Escorts
Rakesh Jhunjhunwala is not on the list of individual shareholders who own 1 per cent or more of the company, according to Escorts’ shareholding system for the 2022 quarter. However, Rakesh Jhunjhunwala posted a profit for the January-March quarter of 2022. However, it is yet to be ascertained whether Rakesh Jhunjhunwala has sold his 75 lakh shares or whether he still owns some shares in Escorts.
Escorts stock price history
Escorts stock has been in decline since December 2021. Over the past month, Escorts’ share price has fallen more than 11 percent. Whereas, from year to date, it has fallen from about Rs.1900 to Rs.1615 at each level. With a loss of 15 percent in 2022. However, over the past year, Escorts shares have yielded more than 30 percent returns to its shareholders.