Big bulls portfolio tanks 22% !! Buying opportunity ? - YP Buzz

 YP Buzz - 

                  Rakesh Jhunjhunwala's portfolio is scanned by retail investors and institutions to find price gaps. However, it is not that the shares of Rakesh Jhunjhunwala are always mint money. Big Bull of the Indian stock market is not immune to losses. A recent example of real estate stocks in Indiabulls is that ‘Warren Buffett of India’ added to its portfolio from April to June 2021 quarterly. The stock exchange Rakesh Jhunjhunwala hit 22 percent in the last month making a decline of ₹ 230. However, stock market experts said the results of Indian Qul FY 2021-22 for Indiabulls Housing Finance were in line with market expectations and once outpaced. - ₹ 230, where one can buy this stock of Rakesh portfolio in the immediate future for ₹ 250 to ₹ 270.

 

                                                                       
Rakesh Jhunjhunwala

I am talking about this view of the stock of Rakesh Jhunjhunwala; Sumeet Bagadia, CEO of Choice Broking said, "This stock of Rakesh Jhunjhunwala has given ₹ 230 rot, so one has to wait and watch the new exit above ₹ 230. Once the stock has given this exit and supports above ₹ 230 levels in each stock, one can buy this calculator for the immediate purpose of ₹ 250 to ₹ 270 keeping a loss of standing ₹ 220. However, there is no recommended position at this counter at the current market price of ₹ 222.


A basic highlight of the Indiabulls housing finance; Avinash Gorakshkar, Head of Research at Profitmart Securities said, “When the results of the Q1 FY22 for Indiabulls Housing Finance were announced, company executives reported quarterly wage growth, which was the first time since September 2018 the IL & FS crisis. It also reported that the NPA was at a fair rate of 1.55% and the loan rate was 5.50%. "


Indiabulls Housing Finance share price history

The Rakesh Jhunjhunwala portfolio stock struck 13 percent in the last five studies while last month, the share price of Indiabulls Housing Finance fell from 285.15 per stock level to ₹ 222 per stock - down 22 percent this time.


Rakesh Jhunjhunwala shareholding in Indiabulls Housing Finance

According to Rakesh Jhunjhunwala's stock exchange policy, Big Bull owns 1 crore shares bought from April to June 2021 quarterly. These 1 crore shares of Indiabulls Housing Finance accounted for 2.17 percent of the company’s shares.


Thanks & Regards,

 YP Buzz

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