Rakesh Jhunjhunwala's Next Stock To Buy

by G John wesley on Monday, September 20, 2010

Rakesh Jhunjhunwala's Next Stock To Buy

Link to IndianStocksNews.com

Rakesh Jhunjhunwala's Next Stock To Buy

Posted: 19 Sep 2010 07:44 PM PDT

Market rumors are buzzing that Delta Corp (BSE: 532848, NSE: DELTACORP) is likely to allot preferential shares to ace investor and stock trader Rakesh Jhunjhunwala.The money raised is likely to be used for taking a majority stake in Advani Hotel. The company needs nearly Rs 100 crore for upping its stake to over 51%, and to make 20% open offer.Delta Corp owns 35% stake in Advani Hotels. Advani

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