A Jhunjhunwala bet is being backed to climb 54% in 12 months

A Jhunjhunwala bet is being backed to climb 54% in 12 months

MUMBAI: Jubilant Ingrevia, a portfolio stock of Rakesh Jhunjhunwala, is being backed to set the Street alight over the next year as investors may rerate the stock because of its compressed valuations to peers despite high earnings per share growth potential. Brokerage firm Edelweiss Securities recently initiated coverage on the stock with a buy rating … Read more