Rakesh Jhunjhunwala Portfolio Amid the fall in the stock market on Friday, retail investors have suffered huge losses as their stock portfolio has been badly hit this Black Friday. However, in this free fall of the stock market in India, even a few investors suffered losses. Share of Big Bull Rakesh Jhunjhunwala’s favorite Titan Company, Tata Company’s stock fell nearly 4.37 per cent on Friday, while it fell over 7 per cent this week. Due to this crash in the share price of Titan Company, the net worth of Rakesh Jhunjhunwala almost fell. 753 crores in this week.
According to the share price history of Titan Company, the price of this share of Rakesh Jhunjhunwala almost fell from 2374 2293 per share level, around logging 105 intraday loss or 4.40 percent decline in the fall in this stock market. Shares of Titan Company fell in the last one week from 2467 2293, Registration 174 per share slide or a loss of close to 7 per cent in the period.
Rakesh Jhunjhunwala Holding in Titan Company
As per the Titan Company’s shareholding pattern for the July-September 2021 quarter, Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala hold a stake in the Tata Group company. Rakesh Jhunjhunwala holds 3,37,60,395 shares of Titan Company, which is 3.80 percent of the total paid-up capital of the company. Rekha Jhunjhunwala holds 95,40,575 shares or 1.07 per cent shares in the company. So, Rakesh Jhunjhunwala and Rekha Jhunjhunwala have 4,33,00,970 shares of the company or 4.87 percent stake in the company.
Decline in net worth of Rakesh Jhunjhunwala
As Titan Company’s share price declined 174 Due to this fall in the shares of Titan Company this week, the net loss of Rakesh Jhunjhunwala is close. 753 crore ( 174 x 43300970).
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