Rakesh Jhunjhunwala is one such name in the Indian stock market, whose portfolio is highly trusted by investors. The stock he buys, that stock starts moving automatically.
Rakesh Jhunjhunwala Portfolio: Rakesh Jhunjhunwala is one such name in the Indian stock market whose portfolio is highly trusted by investors. The stock he buys, that stock starts moving automatically. Not only this, but the shares that he removes from the portfolio also do not find buyers in the market. Rakesh Jhunjhunwala has once again given a bumper advantage to a share of Tata Group.
The stock rose to Rs 2295 with a gain of 2124
Many stocks rose after the stock market rose in the last few trading sessions. Tata Group’s Titan Company is also one of these shares. Big Bull has a major stake in Titan. Due to this, he has earned a profit of more than 750 crores in a few days. This stock has risen from Rs 2124 to Rs 2295 in the last five trading sessions.
40% return in one year
Titan’s share price opened at Rs 2124 on May 26, 2022. After that, there was a continuous upward trend in the stock. The stock reached Rs 2295 at the end of the trading session on May 31. In this manner, the stock gained approximately Rs 171 in five days. This stock has given a return of about 40 percent in the last one year.
more than 5 percent stake
Rakesh Jhunjhunwala owns 3,53,10,395 Titan shares (3.98%), according to the shareholding pattern for the quarter ended March 2022. Rekha Jhunjhunwala, Titan’s wife, owns 95,40,575 shares (1.07 percent). In this way, both have a total of 44,850,970 shares. 5.05 percent stake in Titan.
Shares jump by Rs 171
The stock of Titan has gained Rs 171 in the last five trading sessions. Accordingly, he has earned a profit of more than 750 crores on 44,850,970 shares during this period. Titan’s stock, on the other hand, is declining during the trading session on Wednesday (June 1). Titan shares have given bumper returns to investors in recent times.
This stock has managed to return approximately 40% in a year. Talking about the return of the stock for the last five years, it is about 370 percent.
