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

Jhunjhunwalas made Rs 850 crore in 10 minutes on this stock today! Here’s how

Jhunjhunwalas made Rs 850 crore in 10 minutes on this stock today! Here’s how

NEW DELHI: Ace investor Rakesh Jhunjhunwala‘s biggest stock bet Titan Company added Rs 17,770 crore to its market capitalisation within 10 minutes into Thursday’s trading, taking the value of Jhunjhunwala’s stake in the company up by over Rs 850 crore. Titan shares hit a record high of Rs 2,347 on BSE, up 9.32 per cent, … Read more