Notably, Rekha Rakesh Jhunjhunwala, the wife of the late Shri Rakesh Jhunjhunwala, holds a substantial stake of 8.99 percent, equivalent to 6,588,620 shares of the company. Additionally, Kamath Associates holds a 1.27 percent stake, translating to 931,487 shares.

The stock is up over 11 per cent on Friday on back of huge spurt in the volumes. So far, total traded volume has surpassed its prior trading session volume and moreover, it is highest since September 2022.