The domestic markets were volatile in Friday’s trade after a sharp selloff the previous day amid lingering global weakness.` Big Bull Rakesh Jhunjhunwala lost nearly Rs 900 crore in early trade on Friday morning trade in his 3 favourite stocks namely Titan, Star Health & Allied Insurance Company Ltd., and Metro Brands.
Titan Company share price today opened lower and hit Rs 1997 apiece levels by 9:30 AM, logging Rs 63.95 per share dip from its yesterday’s close of Rs 2060.95 levels on NSE. As per the shareholding pattern of Titan Company for Q4FY22, Rakesh Jhunjhunwala holds 3,53,10,395 company shares while his wife Rekha Jhunjhunwala owns 95,40,575 titan shares. So, the Jhunjhunwala couple together holds 4,48,50,970 Titan shares. As Titan’s share price dipped 63.95 in 15 minutes of stock market opening today, the net slide in Rakesh Jhunjhunwala’s net worth due to the slide in this Tata stock is around Rs 287 crore ( Rs 63.95 x 4,48,50,970).
