Jhunjhunwala Portfolio : Big Bull Rakesh Jhunjhunwala has many multibagger stocks in his portfolio. One of these multibagger stocks has performed tremendously this year. Shares of real estate company Anant Raj have given a return of 150 percent so far this year. At the beginning of the year, this stock was trending at Rs 27 but its current price has reached Rs 69. Experts believe that this stock in Jhunjhunwala’s portfolio can still give more than 100 percent returns in the medium and long term.
This share can go up to Rs 100 in the near term
According to stock market experts, the realty index of Nifty has given a breakout of 10 years at present. Therefore, realty stocks with strong fundamentals at this time can see a lot of growth in the coming days. Recently, FPI and FII investors have bought a lot in the shares of Anant Raj. The financial results of Anant Raj have been very good during the last three quarters even in the period of decline of economic activity due to COVID-19. Analysts say that Anant Raj’s shares are facing resistance at Rs 80 level, but if they manage to cross it, they can reach Rs 100 in the near term. In the long term, it can even reach Rs 155.
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Short term investors can book profit at Rs 80
Sumit Bagdia, Executive Director, Choice Broking, says that this stock of Jhunjhunwala’s portfolio seems to be consolidating from Rs 65 to 67. If it gives a breakout on the closing basis of Rs 80, then it can go further up to Rs 100. Short term investors can invest in this and book profit at Rs 80 at this time. Some analysts believe that this stock can be good in the long term as well. It can also be held for long term.
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