Jhunjhunwala’s Multibagger Stock Delivers Higher Returns Than Anil Ambani's Reliance Power

Notably, the project is being designed by Skidmore, Owings & Merrill LLP (SOM), a globally renowned architectural firm behind iconic landmarks like the Burj Khalifa in Dubai.

Indian equity benchmark indices extended their decline on Friday, June 13, amid rising tensions between Israel and Iran. However, after an initial knee-jerk reaction, the indices recovered from the day’s lows, as did the broader markets. Despite this rebound, the benchmarks continued to trade in the red. That said, stock-specific action remained active on Dalal Street.

One stock in particular that stood out was Valor Estate Limited (formerly known as DB Realty), which grabbed attention as it touched a new 52-week high on June 13, 2025. The share price of Valor Estate reached a 52-week high of Rs 244.90 on the NSE. As of 12:30 PM, the stock was trading 6.22 per cent higher at Rs 238 per share.

Interestingly, a closer look at the shareholding pattern of Valor Estate reveals the name of Rekha Jhunjhunwala, wife of the late Shri. Rakesh Jhunjhunwala, among its public shareholders. She holds a 4.65 per cent stake in the company, amounting to approximately 2.5 crore shares.

In June so far, Valor Estate’s share price has surged nearly 24 per cent. In comparison, Reliance Power, a prominent Anil Ambani Group stock and one of the most discussed counters on Dalal Street, has gained around 7.8 per cent during the same period. Clearly, this real estate stock backed by Rekha Jhunjhunwala has outperformed Reliance Power by a significant margin.

Valor Estate is a prominent real estate development company, known for undertaking high-impact urban transformation projects, primarily in Mumbai. The company specializes in large-scale, mixed-use developments in collaboration with marquee partners and government agencies.

In a recent announcement, the company stated that, through its wholly owned subsidiary and in partnership with Prestige Estates Projects Limited, it is spearheading a large-scale slum redevelopment project under Worli Urban Development Project LLP. The project spans approximately 70,000 sq. meters at Dr. E. Moses Road, Lower Parel Division, Worli, Mumbai – 400018, falling under the G/South Ward.

Popularly known as the Jijamata Nagar Redevelopment Project, the development is being undertaken on land owned by the Municipal Corporation of Greater Mumbai (MCGM), with Valor Estate holding a 50 per cent economic interest in the venture.

Notably, the project is being designed by Skidmore, Owings & Merrill LLP (SOM), a globally renowned architectural firm behind iconic landmarks like the Burj Khalifa in Dubai. Once completed, this will be among the largest true mixed-use and urban renewal projects in South Mumbai.

Valor Estate’s share price has delivered multibagger returns over the past three months, surging by 102 per cent.

Disclaimer: The article is for informational purposes only and not investment advice.