Rakesh Jhunjhunwala Portfolios: The property of Rakesh Jhunjhunwala, popularly known as Big Bull in Dalal Street, saw a jump of Rs 861 crore due to just two shares. Let us know which are the stocks due to which Rakesh Jhunjhunwala’s income has increased?
On March 17, a day before Holi, the price of one share of Titan Company increased from Rs 2587.30 to Rs 2706 per share. That is, a jump of about Rs 118.70 per share was seen. Similarly, the price of one share of Star Health Insurance increased from Rs 608.80 to Rs 641 per share. A jump of Rs 32.20 per share has been seen in this company. Let us know how much stake ‘Big Bull’ has in these two companies?
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According to the shareholding pattern of Titan, from October to December 2021, Rakesh Jhunjhunwala has 3,57,10,395 shares of the company. That is, they have a share of about 4.02 percent. At the same time, his wife Rekha Jhunjhunwala holds 95,40,575 Titan shares or 1.07% stake in him. The husband and wife together have a share of 5.09 per cent. If we calculate it (118.70×452,50,970) considering the jump in share prices, it will be Rs 537 crore.
At the same time, Big Bull has 10,07,53,935 shares of Star Health Company. If we calculate by looking at the jump in the price of one share on March 17, then a jump of about Rs 324 crore was seen in the property. That is, due to both the companies, there has been a jump of Rs 861 crore in Jhunjhunwala’s assets.