Rakesh Jhunjhunwala has added another 2.07 lakh shares in the last two days in Geojit BNP Paribas in addition to 10.43 lakh shares he bought in the Kochi-based stock broking company last week, for a total investment of nearly Rs 4.17 crore.
Jhunjhunwala had first invested in Geojit in 2004 and he has been on the board of the company since 2004. As an investor, he can buy up to 15 per cent stake in the company.
Kochi-headquartered Geojit BNP Paribas has a strong presence in the Middle East through joint ventures and partnerships. The company offers wide range of investments options in equity, futures and options, IPOs and mutual funds. The company offers clients daily SMS alerts, market pointers, periodical research reports, stock recommendations and customer meets organized frequently.
