Ace investor Rakesh Jhunjhunwala has bought 1.03% stake in Jaiprakash Associates during April-June quarter. The ace investor was holding 2.50 crore shares in Jaiprakash Associates as of June 30, 2017.
Jaiprakash Associates is an India-based diversified infrastructure conglomerate. Its business sectors include engineering and construction; manufacturing and marketing of cement; energy (power and transmission); expressways; real estate, and hospitality.