Winning Bizness Desk
Mumbai- Veteran investor Rakesh Jhunjhunwala has made a big profit in this boom by earning Rs 590 crore from 2 shares of Tata Group in a single day. These shares of Tata Group are Titan Company and Tata Motors. Shares of Titan climbed Rs 118.25 on the National Stock Exchange on Tuesday. At the same time, every share of Tata Motors gained Rs 15.40 and with this rapid increase, the net worth of Rakesh Jhunjhunwala has increased by about Rs 590 crore.
Shares closed on high notes
Shares of Titan Company closed at Rs 2079, up 6.03 per cent on the National Stock Exchange (NSE) on Tuesday. Shares of Titan On Monday, every share of Titan has gained Rs 118.25. At the same time, shares of Tata Motors closed at Rs 398.10 on NSE on Tuesday. Each share of Tata Motors gained Rs 15.40.
Jhunjhunwala holds 3,53,10,395 shares of Titan
As per the shareholding pattern of March 2022 quarter, Rakesh Jhunjhunwala holds 3,53,10,395 shares of Titan Company. At the same time, his wife Rekha Jhunjhunwala has 95,40,575 shares of Titan. Rakesh and Rekha Jhunjhunwala hold total 4,48,50,970 shares of Titan. As per the shareholding pattern for the fourth quarter of FY 2022, Rakesh Jhunjhunwala held 3,92,50,000 shares or 1.18 per cent stake in Tata Motors.
Titan's shares have gained sufficiently
Titan's shares have gained Rs 118.25 on Tuesday. That is, due to this the net worth of Jhunjhunwala family has increased by about Rs 530 crore. At the same time, Rakesh Jhunjhunwala holds 3,92,50,000 shares in Tata Motors. Rakesh Jhunjhunwala's net worth has increased by about Rs 60 crore. Jhunjhunwala couple has earned Rs 590 crore due to the jump in the shares of both the companies.