Delta Corp spurts on 'Jhunjhunwala' touch

By Research Desk
about 9 years ago

Delta Corp is currently up 1.5% at Rs.101 levels but this is after hitting an intra day high at Rs.103.90. The mood on the counter remains firmly positive.

The best thing going on for this stock is Rakesh Jhunjhunwala. The buying by Jhunjhunwala seems to be the sole reason why the stock moves up. Today too, the reason is Jhunjhunwala, wherein he bought 12.5 lakh shares in the company at an average price of Rs.91.75/share, making the total tally at Rs.11 crore. This amounts to a 0.5% stake and he already owned a 3.47% stake in the company

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