The pressure in the stock market can be clearly seen due to the ongoing war between Russia and Ukraine. The stock market has been witnessing a decline since the last two and a half months. Due to which the investors have suffered a lot. Market conditions are not very good since Corona. But even in this difficult period, there are shares of some such companies through which people have made profits. Titan Company is one of them. This stock of Rakesh Jhunjhunwala made investors rich. In the last two years, the share price of the company has increased from Rs 860 to Rs 2185. That is, the company’s stock has seen an increase of 150% during this period.
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How was the history of the company’s stock
If we talk about the last one month, the share price of the company has come down from Rs 2495 to the level of Rs 2185. That is, a decline of about 12% was seen during this period. At the same time, during the last two and a half months, the performance of Titan Company in the stock market has not been good. The share price of the company declined from Rs 2710 to Rs 2185. That is, a decline of about 20% has been seen in Titan’s shares during this period. In the midst of all these declines, if we look at the performance of the last one year, then we will find that in the meantime the share price of the company has increased by 45%.
On 3 April 2020 Titan Company’s share price in NSE was Rs 862. Which has reached the level of Rs 2187 despite the crisis of COVID. That is, this stock of Rakesh Jhunjhunwala has given a return of 150% in two years.
How much is Rakesh Jhunjhunwala’s stake in Titan?
As per the share holding pattern from January to March 2022, Rakesh Jhunjhunwala and his wife together hold 5.05% shares of the company. In which Rakesh Jhunjhunwala holds 3.98% and his wife holds 1.07%.