Rakesh Jhunjhunwala-backed stock hits record high for fourth day in a row. Buy, sell or hold?
- Diwali 2022 stocks to buy: Rakesh Jhunjhunwala portfolio stock may go up to ₹230 apiece by next Diwali, say experts
Rakesh Jhunjhunwala-backed Federal Bank shares have been in uptrend since announcement of its strong Q2FY23 results. The banking stock hit life-time high on Friday, immediately after the announcement of second quarter results for the financial year 2022-23. Later on, Federal Bank share price climbed to new high on Monday and Tuesday session as well. Federal Bank share price today again hit a new high of ₹134.10 apiece on NSE within an hour of stock market's opening bell.
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