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Prominent Investor Rekha Jhunjhunwala Gains ₹67 Crore from Federal Bank Shares on Diwali Eve

By Vinutha U
Prominent Investor Rekha Jhunjhunwala Gains ₹67 Crore from Federal Bank Shares on Diwali Eve

Why the Surge in Federal Bank Shares?Federal Bank delivered strong Q2 results (July–September 2025), exceeding expectations with significant growth in revenue and profit. Robust business performance and positive future outlook have boosted investor confidence, driving demand for the stock.

New Delhi, October 20: Rekha Jhunjhunwala, one of India’s leading stock market investors, received a remarkable windfall on the first day of Diwali. She earned a profit of ₹67 crore in just a few minutes from her holdings in Federal Bank shares.As the stock market opened today, Federal Bank’s share price surged to a record high, rising by 5.34%. The stock, which closed at ₹212.40 the previous day, reached ₹223 on Monday.

Rekha Jhunjhunwala holds a 2.42% stake in Federal Bank, owning approximately 5.90 crore shares. The sharp rise in share price increased the value of her holdings by ₹67 crore. She is the wife of the late legendary investor Rakesh Jhunjhunwala and continues to manage and expand his investment portfolio. Federal Bank’s total market capitalization rose to ₹53,976 crore. Redraft this to English. and give me ash tags and search tags after camas.Bata Women’s Stylish Ballerina Flats – Trendy, Comfortable

On Monday, it was among the most traded stocks, with 5.22 lakh shares exchanged on the Bombay Stock Exchange (BSE). Why the Surge in Federal Bank Shares?Federal Bank delivered strong Q2 results (July–September 2025), exceeding expectations with significant growth in revenue and profit. Robust business performance and positive future outlook have boosted investor confidence, driving demand for the stock.