Delta Corp, a company engaged in entertainment & gaming, hospitality and real estate, witnessed a rise in share price on Tuesday after according to exchange data, investor Rakesh Jhunjhunwala has bought 1.24 million shares, or 0.5% of the company's total equity.

Jhunjhunwala and his wife Rekha already own 6.72% stake. Investments by big investors like Jhunjhunwala create bullish sentiment in the respective counters, according to traders.

Shares of the company gained Rs 1.75, or 1.77%, to trade at Rs 100.50 at the BSE (10.47 a.m., Tuesday).