Rakesh Jhunjhunwala's mid-cap realty stock jumps more than 100 per cent in six months; board has authorized the demerger!
Rakesh Jhunjhunwala's mid-cap realty stock jumps more than 100 per cent in six months; board has authorized the demerger!

Rakesh Jhunjhunwala's mid-cap realty stock jumps more than 100 per cent in six months; board has authorized the demerger!

Company to demerge hospitality business, technical analysis suggests strong upside potential. A must stock to watch!

Prajwal Wakhare Article rating: 4.0

The stock performs 2.5 times better than the Nifty 500 index, demonstrating strong relative strength. This implies that, in contrast to the overall market, the stock is resilient and has room to rise. When analysing the stock's performance over different time periods, it shows remarkable gains: 53.43 per cent over the last three months, 285.98 per cent over the previous year, and a multibagger return of 1376.68 per cent over the previous three years. These gains suggest that the market is still bullish and that there are good chances for future price growth.

Rakesh Jhunjhunwala's multibagger real estate stock: Taking the right steps toward debt-free status by November 30; keep a close eye!
Rakesh Jhunjhunwala's multibagger real estate stock: Taking the right steps toward debt-free status by November 30; keep a close eye!

Rakesh Jhunjhunwala's multibagger real estate stock: Taking the right steps toward debt-free status by November 30; keep a close eye!

This strategic financial move is poised to render the company entirely debt-free on a standalone basis by or before November 30, 2023

Karan Dsij Article rating: 3.9

In a captivating turn of events, the Promoter Group has successfully divested 1.46 crore shares, equating to a 2.91 per cent stake in the company, raking in an impressive Rs 301 crore from the sale. Intriguingly, a significant chunk of the proceeds has been reinvested by the promoters into the company, facilitating the repayment of related party transactions and an unsecured, interest-free loan.

Do you own any of these two listed real estate stocks that are coming up with a joint venture?
Do you own any of these two listed real estate stocks that are coming up with a joint venture?

Do you own any of these two listed real estate stocks that are coming up with a joint venture?

Today, shares of this company surged 4.95 per cent to Rs 91.25 per share whereas shares of this company surged 2.09 per cent to Rs 1,197.35 per share.

Kiran Shroff Article rating: 4.5

Today, shares of this company surged 4.95 per cent to Rs 91.25 per share whereas shares of this company surged 2.09 per cent to Rs 1,197.35 per share.

From Rs 24.6 to Rs 99.90: This Rakesh Jhunjhunwal multibagger has given 306 per cent returns in six months
From Rs 24.6 to Rs 99.90: This Rakesh Jhunjhunwal multibagger has given 306 per cent returns in six months

From Rs 24.6 to Rs 99.90: This Rakesh Jhunjhunwal multibagger has given 306 per cent returns in six months

The stock has hit the upper circuit today!

Abhishek Ranawade Article rating: 4.6

If you had invested Rs 1 lakh in this multibagger real estate stock six months ago, it would have turned to Rs 4.06 lakh today. 

DB Realty Ltd which is a part of the ace investor Rakesh Jhunjhunwala’s portfolio has turned multibagger in the recent past. The company has given investors stellar returns of 306 per cent over the last year. The share price of the company stood at Rs 24.6 on September 2, 2021, and since then, it has increased investors’ wealth more than four times. 

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