‘This’ stock in Rekha Jhunjhunwala’s portfolio will become a rocket! Target price announced by Anand Rathi

Rekha Jhunjhunwala Share Price : Share market investors keep a close eye on the portfolio of market giants. One such veteran investor in the market is Rekha Jhunjhunwala, wife of late Rakesh Jhunjhunwala.

Investors always keep an eye on Rekha Jhunjhunwala’s portfolio and try to diversify their portfolio accordingly. Meanwhile, today we are going to see information about one such stock in Rekha Jhunjoon Vala’s portfolio which is likely to make its investors rich in the coming time.

A buy rating has been given for these respective shares by top brokerage and it has also been predicted that these shares are likely to give 40% return in the coming time. Brokerage house Anand Rathi has shown confidence in these shares which are around Rs 709.

Which is the stock?

Brokerage house Anand Rathi has shown confidence in shares of Jubilant Ingravia. The brokerage house has expressed the belief that investors will get 38% returns from these shares in the coming months.

The brokerage house has set a target price of Rs 975 for this share. That is, the brokerage house believes that this stock will rise up to 38 percent over the current market price.

Importantly, veteran investor Rekha Jhunjhunwala owns 47 lakh 35 thousand 500 shares of this company. Rekha Jhunjhunwala has three percent stake in this company.

In fact, the company has spent crores on various businesses over the years. About twenty billion rupees have been spent by the company for specialty chemicals, nutrition and CDMO business.

In the initial stage, the company did not get the expected success from this investment, but now this investment is likely to fall on the company’s path. As the company’s factory capacity increases and product sales increase, the company is likely to see golden days in the coming years.

The company is now shifting from the low-margin commodity business to the high-margin specialty chemicals and nutrition business and hence brokerage houses are showing confidence in the company. Meanwhile, the brokerage house says that the current market price of the share is suitable for investment.

That is, investors can buy this stock at this price. Meanwhile, it is estimated that investors will get good earnings from these shares in the next two-three years.