Rekha Jhunjhunwala earned ₹1000 crore from this Tata stock in two weeks

Rekha Jhunjhunwala’s wealth increased

As per the shareholding data of Titan Company for the October to December 2022 quarter, Rekha Jhunjhunwala holds 4,58,95,970 shares of Titan, which is 5.17 per cent of the total paid-up capital of Titan Company Limited. 2,535 and it climbed almost to these levels today 2,310 level in the last two weeks, around the net increase in Titan’s share price in the last two weeks 225 per equity share [( ₹2,535 – ₹2,310) = ₹225],

Considering the shareholding of Rekha Jhunjhunwala in Titan Company Limited as per the shareholding pattern of the company available BSE Website, Rekha Jhunjhunwala’s net worth increase will almost fall due to the rise in Titan’s share price in the last two weeks 10,32,65,93,250 or say more 1,000 crores.

Rekha Jhunjhunwala’s net worth could have increased further in the last two weeks had she not diluted her stake in the Tata group company. As per the shareholding pattern of Titan Company Limited for the July to September 2022 quarter, Rekha Jhunjhunwala held 1,50,23,575 Titan shares or 1.69 per cent stake in the company. However, her late husband Rakesh Jhunjhunwala held 3,41,77,395 shares of Titan Company or 3.85 per cent stake in the company.

So, Jhunjhunwalas held 4,92,00,970 shares of Titan, which was 5.54 per cent of the total paid-up capital of the company. As of Q3FY23 shareholding pattern of the company, Rekha Jhunjhunwala holds 4,58,95,970 Titan shares or 5.17 per cent stake in the company. This means, Rekha Jhunjhunwala diluted her stake in the Tata group company by selling 33,05,000 shares of Titan Company or 0.37 per cent stake in the company during the October to December 2022 quarter.