The bullish phase in the stock market is back, today Nifty gained 311 points and Sensex by 1047 points in the stock market. A big role in this rally was played by the Tata Group’s share titan, the favorite of India’s Big Bull Rakesh Jhunjhunwala. During this, breaking its old all-time level 2657, touching 2721 and closing at 2706. During this, Titan’s stock rose by Rs 118 per share.
Rakesh Jhunjhunwala earned 534 crores: Titan is the largest jewelery brand in the country. Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala hold 4,52,50,970 shares of Titan or 5.09 per cent stake in the company as of the end of December quarter, according to the information given by the company to the stock exchange. On the other hand, assume that there has been no change in their share. So Rakesh Jhunjhunwala has made a profit of Rs 534 (4,52,50,970 × 118.7) crores, according to the rise of Rs 118 per share in Titan on March 17.
Return of 9.3 percent given in one week: Titan shares have seen a jump in recent days Percentage return.
Talking about the last 6 months, Titan has given investors more than 30 percent returns even amidst market volatility. reached at. Since then the stock has given returns of more than 30 per cent to the investors.
Rakesh Jhunjhunwala’s Portfolio: According to the information given on the business news website Moneycontrol, Big Bull Rakesh Jhunjhunwala has a total of 37 companies including small and big companies in his portfolio and his total portfolio is Rs 32,442 crore. As per the December 2021 quarter data, the top 5 companies in Rakesh Jhunjhunwala’s portfolio are Escorts Limited, Titan Company Limited, Tata Motors Limited, Indian Hotels Company Limited, CRISIL Limited. He holds 14.43 and 17.51 per cent stake in the recently listed Metro brand and Star Health and Allied Insurance Company Ltd.