Rakesh Jhunjhunwala Stocks: Experts bet big on Delta Corp, Nazara Technologies shares; should you buy?
Rakesh Jhunjhunwala Stocks: Rakesh Jhunjhunwala is one of the biggest Big Bulls in the Indian equity markets. He is mainly known for investing in finance, tech, retail and pharma sectors.
Rakesh Jhunjhunwala Stocks: Rakesh Jhunjhunwala is one of the biggest Big Bulls in the Indian equity markets. He is mainly known for investing in finance, tech, retail and pharma sectors. The ace Indian investor has a shareholding in two gaming companies. According to experts, both the stocks are quality stocks and in 3-to-6 month's time, they may well give whopping returns to investors.
Rakesh Jhunjhunwala invested in Delta Corp in 2010 by buying 3.2 per cent shares of the company and during that period, his share in the company went as high as 7.5 per cent, which includes both Rakesh and wife Rekha Jhunjhunwala too. In Nazara Technologies, Rakesh Jhunjhunwala invested in December 2017 and currently he owns Rs 540 net worth in the company.
On his advice to the stock market investors in regard to Nazara Technologies share price, Sandeep Jain, Market Expert at Tradeswift said, "One can buy this counter for the target of Rs 1,750 in the 3-6 month time horizon." He advised investors to keep accumulating on every dip in the scrip.
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Speaking on the Delta Corp share price outlook, Mudit Goel, Senior Research Analyst at SMC said, "Delta Corp share price has already appreciated. But, one should hold the stock maintaining the stop-loss at Rs 154 for the immediate target of Rs 170."
Sandeep Jain of Tradeswift also said that one can hold the counter as the scrip has already traded near to its resistance. He said that profit-booking in the counter is awaited and investors can enter once a correction takes place in the counter.
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