Rakesh Jhunjhunwala Portfolio Stock.. Buy and Put.. See Profit | Tata group stock! Analysts suggest to buy this rakesh jhunjhunwala portfolio stock

Tata Group Stock

However, experts expect some stocks to rise in price during this period. In that sense, the stock we are going to look at today is Indian Hotels Limited. It was one of the stocks in the portfolio of famous Indian investor Rakesh Jhunjhunwala. This stock belongs to the Tata Group and is part of the India Hotels & Hospitality sector.

Favorite role of Rakesh Jhun Jhunwala

Favorite role of Rakesh Jhun Jhunwala

The market value of this hotel stake is Rs 46,411.56 crore. Indian Hotels Limited is a large cap company. This is one of the multipacker stocks. One of the best performing stocks from the portfolio of Rakesh Jhun Jhunwala, hailed as father of Indian stock market.

Stock history

Stock history

Indian Hotels shares closed 2.20% lower at Rs 326.50 on the NSE last Friday. Its previous session closing price was Rs.333.85. The price of this stock was Rs 30.22 on January 1, 1999 and currently stands at Rs 326. From this, it has seen a 980.41% rise from its all-time high price.

Stock price situation?

Stock price situation?

The share price was Rs 106.12 on September 29, 2017. The share price has gained 207.67% in the last five years alone. Its modest CAGR rate is 25.19%.

The share price has seen a 77.82% rise in the last one year. It has seen a rise of 77.40% so far in the current financial year. Its share price hit a high of Rs 337.20 on the NSE. It last touched on September 16, 2022. Its 52-week low is Rs 158.54. It touched on September 21, 2021. Current price is 3.17% down from peak. However, it is above 105.94% from the lowest price.

How much share with whom?

How much share with whom?

As of June 2022 quarter, promoters hold 38.19% stake in the bank. The same is held by FIIIs 15.07%, DIIs 29.56%, Government 0.13% and general public 17.05%.

The Indian hospitality sector has now reached 20% of its pre-Corona level. Now room demand has increased. Now marriages, transports, business trips have increased. This has given impetus to the growth of this sector.

Target price

Target price

The growth rate is expected to increase further in the next few years. Due to this, its growth rate is expected to peak. This could be the driving force behind the growth of this stock. Meanwhile, experts have set a target price of Rs 380 for this company.

It is expected to increase by 16% from the current market price.

In the possession of Rakesh Jhunjhunwala

In the possession of Rakesh Jhunjhunwala

Rakesh Jhunjhunwala held 1,57,29,200 shares or 1.11% of the shares in the last June quarter. His wife Rekha Jhunjhunwala also held 1,42,87,765 shares or 1.01% of the shares.

Disclaimer : Greynium Information Technologies, the author are not liable for any losses caused as a result of decisions based on the article. Tamil.Goodreturns.in advises users to check with experts before taking any investment decisions.

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