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A Jhunjhunwala bet that’s up 5x in 2.5 years

A Jhunjhunwala bet that’s up 5x in 2.5 years
Billionaire investors Rekha and Rakesh Jhunjhunwala’s investment in IPO-bound Star Health and Allied Insurance jumped almost fivefold in two-and-a-half years to ₹8,500 crore, based on the upper end of the price band. Star Health is set to become the second-biggest stock in their portfolio of listed companies after Titan, with nearly 25% of the portfolio value once listed.


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25 November 2021, 02:07