Rakesh Jhunjhunwala Portfolio Tata Group’s shares – Titan Company and Tata Motors had a historic trading session on Thursday. Titan’s share price climbs to new high yesterday ₹2,384.25 each and finally finished ₹226.35 over your Wednesday’s close ₹2147.65 per share. Tata Motors share price hits new 52-week high yesterday ₹383 and finally finished ₹42.45 more than Wednesday’s close. After such strong growth in these two Tata group stocks, Rakesh Jhunjhunwala’s net worth has almost increased ₹1125 crore on both these shares in a single day. Because he has a stake in these two stocks.
Rakesh Jhunjhunwala holds stake in Titan, Tata Motors
According to the shareholding pattern of Titan Company for the quarter April to June 2021, Big Bull and his wife Rekha Jhunjhunwala have investments in this company. Rakesh Jhunjhunwala holds 3,30,10,395 shares of Titan while his wife Rekha Jhunjhunwala holds 96,40,575 shares of Titan Company in her portfolio. Similarly, the shareholding pattern of Tata Motors for Q1FY22 says that Rakesh Jhunjhunwala holds 3,77,50,000 shares of the company.
How Big Bull Earned ₹1125 crore in a day
Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala together held 4,26,50,970 (3,30,10,395 + 96,40,575) shares of Titan Company and the share price of Titan rose ₹226.35 each. Rakesh Jhunjhunwala’s net worth in Titan Company almost increased ₹965 crore ( ₹226.35 x 4,26,50,970 in yesterday’s rally).
Similarly, Rakesh Jhunjhunwala held 3,77,50,000 shares of Tata Motors and the share price of the auto company increased. ₹42.45 per share yesterday. That is, by how much did the net worth of Rakesh Jhunjhunwala increase? ₹160 crore ( ₹42.45 x 3,77,50,000) in Tata Motors shares yesterday.
Hence, Rakesh Jhunjhunwala’s net worth increased on these two shares of Tata ₹1125 crore ( ₹965 cr+ ₹160 crores) or in other words Rakesh Jhunjhunwala earned ₹1125 crore yesterday from these two Tata group shares.
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