Mukul Agrawal purchased 6,500,000 shares of this Rekha Jhunjhunwala Backed Real Estate Company
DSIJ Intelligence-2Categories: Mindshare, Trending
The share price has delivered multibagger returns over the past 5 years, surging by 2,800 per cent.
An ace investor, Mukul Agrawal, purchased 6,500,000 shares or a 1.21 per cent of this Small-Cap Real Estate Stock, in Q1FY26.
This real estate stock backed by Rekha Jhunjhunwala has outperformed Reliance Power by a significant margin in 5 years. Rekha Jhunjhunwala holds 4.63 per cent stake in the company with 25,000,000 shares
The Stock Name is - Valor Estate Ltd
Valor Estate is a prominent real estate development company, known for undertaking high-impact urban transformation projects, primarily in Mumbai. The company specializes in large-scale, mixed-use developments in collaboration with marquee partners and government agencies.
In a recent announcement, the company stated that, through its wholly owned subsidiary and in partnership with Prestige Estates Projects Limited, it is spearheading a large-scale slum redevelopment project under Worli Urban Development Project LLP. The project spans approximately 70,000 sq. meters at Dr. E. Moses Road, Lower Parel Division, Worli, Mumbai – 400018, falling under the G/South Ward.
Popularly known as the Jijamata Nagar Redevelopment Project, the development is being undertaken on land owned by the Municipal Corporation of Greater Mumbai (MCGM), with Valor Estate holding a 50 per cent economic interest in the venture.
Notably, the project is being designed by Skidmore, Owings & Merrill LLP (SOM), a globally renowned architectural firm behind iconic landmarks like the Burj Khalifa in Dubai. Once completed, this will be among the largest true mixed-use and urban renewal projects in South Mumbai.
Valor Estate’s share price has delivered multibagger returns over the past 5 years, surging by 2,800 per cent.
Disclaimer: The article is for informational purposes only and not investment advice.