Rekha Jhunjhunwala portfolio stock touches 52-week high despite weak market sentiments
Rekha Jhunjhunwala portfolio: DB Realty shares have been in uptrend for the last one month. This Rekha Jhunjhunwala-backed stock has surged to the tune of 80 per cent in the last one month. But, it seems that realty stock still has some steam left.
In early morning deals, DB Realty share price opened with upside gap and went on to hit new 52-week high of ₹141.90 apiece on NSE. The Rekha Jhunjhunwala stock hit 52-week high on second day in a row as it had climbed to 52-week peak of ₹139.80 apiece during Thursday deals. On Thursday, some bulk deals had taken place in DB Realty.
As per the information available on BSE website, Authum Investment & Infrastructure Limited has bought 40 lakh company shares in a direct buyer direct seller trade from the open market. The institutional investor bought these shares paying ₹127 apiece. Two individual investors Aditya S Chandak and Abhay Shyamsunder booked profit in DB Realty selling 20 lakh company shares respectively at ₹127 apiece.
DB Realty shares are one of the multibagger stocks in 2023. In last one month, this real estate share has risen from around ₹75 to ₹141 per share levels, delivering over 80 per cent return to its shareholders. In last six months, this Rekha Jhunjhunwala portfolio stock has surged around 105 per cent.
Means, it has doubled shareholders money in last six months. In YTD time, this multibagger stock has risen from ₹93 apiece levels to ₹141 levels, ascending over 45 per cent in 2023. In last one year, this Rekha Jhunjhunwala stock has appreciated to the tune of 140 per cent.
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