Rakesh Jhunjhunwala Portfolio Big Bull Rakesh Jhunjhunwala earned after Nifty 50 index’s biggest one-day gain in Tuesday session since May 17, 2022 590 crores from his two Tata shares – Titan Company and Tata Motors. Titan’s share price climbed today 118.25 on NSE while Tata Motors share price rose today 15.40 per share, which helped increase Rakesh Jhunjhunwala’s net worth 590 crores.
Titan share price rises
titan company share price today Open with top gap and closed on 2079.95 levels, 118.25 above its closing price 1961.70 each level on Monday.
Tata Motors share price rises
tata motors share price today but opened upside down 389 on NSE and closed at 398.10 level, logging On Tuesday, it gained Rs 15.40 per share.
Rakesh Jhunjhunwala’s shareholding in Titan Company
As per the shareholding pattern of Titan Company for January to March 2022, Big Bull holds 3,53,10,395 shares of Titan while his wife Rekha Jhunjhunwala holds 95,40,575 shares of Titan. So, Jhunjhunwala couple together have 4,48,50,970 shares of Titan.
Rakesh Jhunjhunwala holding in Tata Motors
As per the shareholding pattern of Rakesh Jhunjhunwala for Q4FY22, Rakesh Jhunjhunwala holds 3,92,50,000 shares or 1.18 per cent stake in Tata Motors.
Increase in net worth of Rakesh Jhunjhunwala
Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala hold 4,48,50,970 shares of Titan which increased 118.25 today. The rise in Rakesh Jhunjhunwala’s net worth is close to the rise in the shares of Titan Company 530 crore ( 118.25 x 4,48,50,970).
Similarly, Rakesh Jhunjhunwala has 3,92,50,000 shares of Tata Motors which increased 15.40 per share on Tuesday. So, the net increase in the net worth of Rakesh Jhunjhunwala due to increase in the share price of Tata Motors is approx. 60 crore ( 15.40 x 3,92,50,000).
So, the exact increase in net worth of Rakesh Jhunjhunwala after the rise in these two shares of Tata group is 590 ( 530 cr+ 60 crores).