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Rekha Jhunjhunwala's Portfolio Soars as DB Realty and Balaji Telefilms Hit 52-Week Highs

2024-02-20 09:57:20.554000

Renowned investor Rekha Jhunjhunwala's portfolio received a significant boost as two of her holdings, DB Realty and Balaji Telefilms, reached 52-week highs. DB Realty experienced a remarkable 250% increase in FY24, with its share price rising from 58.50 apiece levels in March 2023 to a new 52-week peak of 215.35 per share levels. Jhunjhunwala had increased her shareholding in DB Realty from 50 lakh to one crore company shares during the July to September 2023 quarter. She now holds one crore DB Realty shares, which accounts for 1.99% of the total paid-up capital of the company [6d3f941a].

Meanwhile, shares of Balaji Telefilms Ltd also hit a fresh 52-week high of Rs 135.95 per share after the release date of the movie 'Love, Sex aur Dhokha 2' was announced as April 19, 2024. The stock has been hitting back-to-back 52-week highs and has given multibagger returns of over 100% in just 6 months. Balaji Telefilms Ltd is in the business of film production and operates a subscription-based video on demand platform. The company recently approved the allotment of up to 2,38,83,930 warrants, with the promoter buying 50,00,000 shares and FIIs buying 1,88,83,930 shares [3847705f].

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