Late investor Rakesh Jhunjhunwala, who was also known as the ‘Big Bull’ of India, had an impressive stock portfolio. After his demise, his wife Rekha Jhunjhunwala continues to build the family’s investment empire, recently getting a major return by investing in the stock of a Tata-owned company.
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Rekha Jhunjhunwala recently ended up earning over Rs 1390 crore after one of the major stocks in her portfolio – Titan Company Ltd – which is a watch company owned and run by Tata Group, previously headed by businessman Ratan Tata.
Titan is one of the most profitable stocks in Rekha Jhunjhunwala’s portfolio and has been on an uptrend since March 2023, getting major returns to all its investors. The stock of this Tata Group company bottomed out at around Rs 2,355 apiece levels in mid-March but has majorly recovered since.
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Now, this Rekha Jhunjhunwala portfolio stock is seeing an all-time high on the stock market, with the shares selling for over Rs 3300 apiece. Titan’s share price has risen from Rs 3,010.65 apiece levels to Rs 3,302.45 per share over the last month, seeing massive growth.
The massive spike in the share prices of Titan Company over the course of the last month made Rekha Jhunjhunwala earn over Rs 1390 crore in just 30 days, adding to her impressive and hugely profitable stock portfolio.
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Rekha Jhunjhunwala holds 4,75,95,970 Titan Company shares, which is 5.36 percent of the total shares of the company. Due to the rise in the shares of the Titan stock by Rs 291.80 apiece, the net worth of Rekha Jhunjhunwala has increased by Rs 1390 (4,75,95,970 x 291.80).
