Last Updated: April 10, 2023, 16:21 IST
Titan Share Price: Rekha Jhunjhunwala, who’s the spouse of legendary investor Rakesh Jhunjhunwala, portfolio is carefully watched by retail buyers because it helps them perceive the route in which the Indian inventory market has flown.
In the final one month, LIC-backed inventory Titan Company, which is a a part of the Jhunjhunwaala portfolio, has seen its share value has ascended Rs 150.90 apiece or 6.30 per cent including round Rs 992 crore in Rekha Jhunjhunwala’s web value in this time.
Rise in Rekha Jhunjhunwala’s Net Worth
As per the shareholding sample of Titan Company for October to December 2022 quarter, Rekha Jhunjhunwala is the proprietor of 4,58,95,970 shares of the corporate.
This means, on account of appreciation in Titan share value in final one month, rise in Rekha Jhunjhunwala web value in rupee phrases is round Rs 6,92,57,01,873 or round Rs 692 crore in final one month.
According to shareholding knowledge of Titan Company Limited for Q3FY23, insurance coverage behemoth Life Insurance Corporation (LIC) of India has investments in this Tata group firm. In Q3FY23 shareholding sample of Titan Company, LIC holds 2,05,19,699 Titan Company shares, which is 2.31 per cent of whole paid up capital of the Tata group firm. In Q2FY23, LIC was holding 2,89,63,596 Titan shares, which was 3.26 per cent of whole paid up capital of the corporate. This means, the state-owned insurance coverage firm trimmed stake in this Tata group firm throughout Q3FY23.
SBI Nifty 50 ETF has additionally invested in this Rekha Jhunjhunwala-backed Tata group firm. As per the shareholding sample of Titan Company for third quarter of the lately ended monetary 12 months, SBI Nifty 50 ETF holds 1,40,05,693 Titan shares or 1.58 per cent stake in the corporate.
According to Forbes, Rekha Jhunjhunwala is India’s third richest girl with a web value of USD 5.2 billion. Rekha Jhunjhunwala inherited a extremely useful inventory portfolio from her late husband Rakesh Jhunjhunwala.
After the loss of life of Rakesh Jhunjhunwala in August 2022, Rekha Jhunjhunwala, 59, inherited his inventory portfolio, which incorporates holdings in 29 firms similar to Titan, Metro Brands, Star Health, Tata Motors, and Crisil.
Born on September 12, 1963, Rekha Jhunjhunwala did her commencement from Mumbai University. She obtained married to Rakesh Jhunjhunwala in 1987.
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