Rakesh Jhunjhunwala Portfolio Stock Big Bull Can Rise By 45 Percent In 3 Months

Rakesh Jhunjhunwala Portfolio: Shares of Prozone Intu Properties are one of the small-cap stocks of ‘Big Bull’ Rakesh Jhunjhunwala. Share price of Prozone Intu Properties has fallen by 30 per cent in the last 6 months, but now some upside swing has started showing. Real estate stocks have gained about 7.5 per cent in the last one month and stock market expert Rakesh Jhunjhunwala is expecting a jump in the portfolio stock.

According to stock market experts, Nifty Realty Index has given a breakout of 10 years and hence real estate stocks, especially such low priced stocks are expected to witness a sharp jump in the next 3 months. Experts say that the share price of Prozone Intu Properties may go up to Rs 42 per share level from its current ₹29 per stock mark in the next two to three months. Shares of Prozone Intu Properties are expected to give breakout at a price of ₹32. Once it manages to stay above the ₹32 level on a closing basis, the real estate stock may soon go up to ₹36 and then to ₹42 level in the next 2 to 3 months.

Rakesh Jhunjhunwala’s stake in Prozone Intu Properties
As per Prozone Intu Properties shareholding pattern for the quarter July to September 2021, Rakesh Jhunjhunwala holds 31.50 lakh shares of the company which is 2.06 per cent of the net paid up capital of the real estate company.

Disclaimer: (The information provided here is for informational purposes only. It is important to mention here that investing in the market is subject to market risks. Always consult an expert before investing money as an investor. Anyone from ABPLive.com Also investing money is never advised here.)


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