Share Market: Rakesh Jhunjhunwala earned 750 crores in a week from this share of Tata Group

Date:

Share:

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.

Read More: Got it.. where are Rakesh Jhunjhunwala, Dolly Khanna, and Ashish Kacholia investing money in a falling market?

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.

Subscribe to our magazine

More Like This

Donate these 5 things on Kartik Purnima 2024 to please Goddess Laxmi

Winter will soon begin, according to Jyotishacharya Anish Vyas. Giving blankets to the underprivileged is regarded as highly auspicious in such circumstances. The ideal...

Royal Enfield will launch new bike on 23 November, know everything

A new 350cc motorcycle from British automaker Royal Enfield is prepared to enter the Indian market. The Royal Enfield Goan Classic 350 will be...

Buy Maruti Grand Vitara at this much EMI, this much down payment needed

A hybrid vehicle is the Maruti Grand Vitara. This vehicle has a gasoline engine. This car's 1462 cc engine produces 136.8 Nm of torque...

SSC CHSL 2024 Tier 2 Admit Card is now available for download at this link

Staff Selection Commission (SSC) released the SSC CHSL 2024 Tier 2 Admit Card 2024 through its official website on November 12, 2024. Candidates who...

Do these 5 things on your bike before the winter season to get great mileage

To get good mileage from the bike in winter and to keep it in good condition, some special preparations are necessary. If you get...

LEAVE A REPLY

Please enter your comment!
Please enter your name here