Delta Corp is once again in the limelight. The stock is currently at its intra day high at Rs.118, up over 5%. The stock’s 52-week stands at Rs.195.20.

As always, the reason for this upward movement in the stock is Rakesh Jhunjhunwala. He has once again upped his stake. Investing through his company, Rare Enterprises, bought 12.5 lakh shares on the NSE yesterday, at an average of Rs.106.54. He surely has made a killing because last month he has some shares of the very same company at Rs.160-170 range.

As at 30^th Sept 2016, he and his wife together hold 9.76%.