Rekha Jhunjhunwala portfolio: DB Realty share price hits 52-week high after 200% rally in FY24

livemint.com:

Rekha Jhunjhunwala portfolio: DB Realty share price has been in continuous uptrend after ushering into the new financial year 2023-24. After bottoming out at around ₹60 per share levels at the end of March 2023, this Rekha Jhunjhunwala stock today climbed to a new 52-week peak of ₹182.50 on NSE, delivering around 200 per cent return in FY24.

While hitting today's intraday high of ₹182.50 per share levels, DB Realty shares went on to hit a new 52-week peak on NSE. However, Sumeet Bagadia, Executive Director at Choice Broking believes that DB Realty share price may further ascend and go up to ₹200 apiece levels in near term.

Sensex Today | Share Market Live Updates: Sensex gains 350 pts; PSU Bank lags Speaking on DB Realty share price outlook, Sumeet Bagadia said, "Those who have DB Realty shares in portfolio, can hold the stock further with trailing stop loss at ₹165 for near term targets of ₹190 and ₹200 apiece." Mankind Pharma shares fall over 2% as shareholder lock-in period ends today In last one month, this Rekha Jhunjhunwala portfolio stock has surged 167.80 to ₹182.50 per share levels, delivering to the tune of 7 per cent to its positional investors. In last six months, DB Realty share price has doubled shareholders' money by ascending over 110 per cent in this time.

In YTD time, DB Realty shares have ascended from near ₹93.50 to ₹182.50 per share levels, delivering over 90 per cent return to its shareholders. In last one year, this realty stock has risen to the tune of 80 per cent.