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Rakesh Jhunjhunwala portfolio: Experts give 'buy' tag to this hospitality stock

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  • Rakesh Jhunjhunwala portfolio: Experts give 'buy' tag to this hospitality stock
    2021-06-24, By: System Administrator

    Source : (https://www.livemint.com/)

    • As per the shareholding pattern for March 2021 quarter of this hospitality and online gaming company, Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala together holds 7.50 per cent company stocks

     

    Rakesh Jhunjhunwala portfolio: Amid Indian indices trading at record high, retail investors are looking at the marquee investors as it gives an idea about the direction in which the smart money is moving. In fact, stock market experts are also looking at Rakesh Jhunjhunwala holdings to find out the stock with which the 'Warren Buffett of India' has maintained strong conviction. Taking cue from Rakesh Jhunjhunwala, market experts have recommended retail investors to buy Delta Corp shares as the stock has Rakesh Jhunjhunwala share holding to the tune of 7.50 per cent and the 'Big Bull' remained invested in the stock even when the hospitality stocks were receiving heavy beating during the second wave of Covid-19. They said that Delta Corp share price is expected to zoom as unlock activities are fast catching across nation.

     

    Speaking on the Rakesh Jhunjhunwala-owned Delta Corp share price outlook Ravi Singhal, Vice Chairman at GCL Securities said, "Delta Corp major revenue comes from its hospitality business and it is fast expanding its online gaming business.

    On Delta Corp share price target for short-term Sumeet Bagadia, Executive Director at Choice Broking said, "One can buy Delta Corp stocks at current market price of ?182.95 (Tuesday close price at NSE) for short-term target up to ?225 maintaining stop loss at ?170."

     

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