It is difficult to predict when the stock will jump in the stock market or when the stock will be in the stock market, but the impact of positive or negative news related to companies is definitely visible on their shares. A company’s share is also in focus on the second trading day of the week, as it has announced to partner with the British brand. We are talking about Metro Brands Share, who is also a favorite stock of the portfolio of Rekha Jhunjhunwala, the wife of late investor Rakesh Jhunjhunwala, who is called Big Bulls of the stock market. This stock has made a great start in the market.
Why is the share in focus today?
First it is explained that why the Metro Brands Stock is in the focus on Tuesday, so let us know that this company made a big announcement after the trading in the stock market on Monday. It was told that there has been a strategic partnership between Metro Brands Limited and Clarks. Clarkes is a British footwear brand and through this partnership, it is making an official comeback in the Indian market.
Sharing the information in the stock exchange filing on behalf of the metro brands, it has been reported that under the terms of the Longstorm Distribution Partnership, Metro Brands have been appointed as Retail and Digital Partners of Clarks for neighboring countries including India and Bangladesh, Bhutan, Nepal, Maldives and Sri Lanka.
Rekha Jhunjhunwala’s favorite stock
Metro Brands Stock is included in the list of the most favorite stock included in the portfolio of Rekha Jhunjhunwala, wife of late Indian investor Rakesh Jhunjhunwala and has a strong stake in her company. Looking at the stakeholding pattern, in the third quarter of FY 2025, Rekha Rakesh Jhunjhunwala had a 4.80 percent stake in each through three accounts in the metro brands near Rakesh Jhunjhunwala. According to the data, Jhunjhunwala had 1,30,51,206 shares in two accounts, while the third account had a total of 1,30,51,188 shares, in which he had a total of 3,91,53,600 shares of metro brands.
Metro stock starts rapidly
If you look at the performance of the metro brands share, then on the last trading day, Metro Brands Share was closed with a strong boom on Monday. It closed at Rs 1200.30 with a rise of 4.46 per cent. And the impact of the news of partnership with the British brand appeared on it on Tuesday, the metro share opened in the green zone and jumped to Rs 1214. The company’s market cap has also increased to Rs 32680 crore due to a boom in the stock. In the last five years, this stock has given a strong return of 155 percent to its investors and the price of each share has increased by Rs 729 in this period. In such a situation, the positive impact of the new partnership with the British brand can be seen on the company’s stock today.
(Note- Be sure to consult your market experts before any kind of investment in the stock market.)