The shares included in the portfolio of Big Bull Rakesh Jhunjhunwala are Delta Corp. (Delta Corp.) has given a seven-day consolidation breakout of Rs.260. Stock market analysts believe that this gaming and hospitality stock can go up to Rs 380 in the long term. He believes that investors who already have this stock can buy more in it.
Can shop between Rs 240 to 250
Choice Group Executive Director Sumit Bagdia says that in the closing session on Wednesday, the stock of Delta Corp has given a consolidated breakout of seven days. This is clearly indicating an upward momentum in this stock. Investors can buy it in the range of Rs 265 to 270 and can keep its target between 285 to 300 in the near term. However, investors should keep the level of Rs 245 for stop loss. The company has made 58.5 percent more profit in the second quarter of the financial year 2021-22 than the previous financial year (2020-21). However, between July and September, FIIs and FPIs have sold this stock. Nevertheless, experts believe that this share can be bought with a defensive approach between Rs 240 and 250. Its long term can be Rs 380. However, a provision of stop loss should be made at Rs 234.
JhunJhunwala Portfolio: This small cap share of Rakesh Jhunjhunwala’s portfolio gave a return of 300 percent, know whether there is still scope for earning?
Delta Corp. What is the stake of Rakesh Jhunjhunwala in
According to the shareholding pattern of Delta Corp, Rakesh Jhunjhunwala held 4.31 per cent stake in the company between July and September 2021. He had 1.15 crore shares in it. While his wife Rekha Jhunjhunwala had 85 lakh shares in it. Together, 7.50 percent stake is formed in this company.
(The stock recommendations given in the story are those of the respective research analyst and brokerage firm. Financial Express Online takes no responsibility for the same. Investments in capital markets are subject to risks. Please consult your advisor before investing.)
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