Rakesh Jhunjhunwala, popularly known as Big Bull in the stock market, has many stocks in his portfolio which are making investors rich. One of these stocks is also of Indian Hotel. There has been a strong buying of this stock in Thursday’s trading. Experts say that this stock will increase further. Experts have given buy rating on this company belonging to Tata Group.
How much return of the share: Indian Hotels stock has given multibagger returns in the last one year. In the last one year, it has increased to 125 per cent. At the same time, this stock has increased to 35 percent in 2022. However, brokerage house ICICI Securities sees further upside in this multibagger stock.
According to ICICI Securities, the share price of Indian Hotel can go up to the level of Rs 292. Presently the share price is Rs 246.65. The share price has gained Rs 10.80 or 4.58 per cent as compared to a day earlier.
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Jhunjhunwala’s bet is: Let us tell you that Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala have an investment in Indian Hotel. As per the shareholding pattern, Rakesh Jhunjhunwala holds 1,57,29,200 shares or 1.11 per cent stake in the company, while his wife Rekha Jhunjhunwala holds 1,42,87,765 shares or 1.01 per cent stake in the company.