Auto stock jumps 4% as Nippon MF buys 1.55% stake
Shares of JTEKT India Ltd rose 4% to 146.25 on Thursday after Nippon India Mutual Fund acquired ₹39.23 lakh shares (1.55% stake) via two funds. The ₹54.5 crore transaction was executed at an average price of 138.82 to 138.84 per share, boosting investor sentiment and drawing attention to the auto ancillary stock.