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 mid-cap realty stock jumps 5 per cent following a significant disinvestment; resulting gaining Rs 231.42 crore from the transaction!
Rakesh Jhunjhunwala’s mid-cap realty stock jumps 5 per cent following a significant disinvestment; resulting gaining Rs 231.42 crore from the transaction!

Rakesh Jhunjhunwala’s mid-cap realty stock jumps 5 per cent following a significant disinvestment; resulting gaining Rs 231.42 crore from the transaction!

It is worth noting that Rekha Jhunjhunwala and Rare Enterprises jointly hold a substantial 3.98 per cent stake in DB Realty, equivalent to 2,00,00,000 shares of the company

Karan Dsij Article rating: 4.5

Even at the early hours of Tuesday's trading session, trading volumes have already surged to over 21 lakh shares, compared to the 30-day average volume of 16.29 lakh shares. 

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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