Rakesh Jhunjhunwala Portfolio Stock: Brokerage firm expect 40% return from THIS share
Zee News
Stock market investors take a cue from Rakesh Jhunjhunwala's portfolio to strategise their investments.
New Delhi: Several Indian stock market investors take a cue from Rakesh Jhunjhunwala's portfolio to strategise their investment plans. The big bull of Indian bourses, Jhunjhunwala, is known for making investments in multibagger stocks that have provided impressive returns to investors.
One such stock in his portfolio that can provide fantastic returns to investors is the Indian Hotels Company (IHCL), according to brokerage firms. IHCL, which is a Tata Group company, is one of the leading hotels in India.
According to brokerage house Nirmal Bang, IHCL could jump up to 40% in the coming weeks, according to a report by ZeeBiz. The brokerage house was hoping for a recovery in the travel segment as COVID-19 cases were on the decline in India.