Rekha Jhunjhunwala portfolio: Two Tata group stocks hit 52-week high
1 min read 02 Jun 2023, 02:03 PM ISTRekha Jhunjhunwala's net worth has risen to the tune of ₹237 crore in one day due to rise in these two Tata group stocks
PremiumRekha Jhunjhunwala portfolio: Amid strong rebound by Indian stock market after two days of beating, two Rekha Jhunjhunwala stocks have hit 52-week high during Friday deals. Those two Rekha Jhunjhunwala stocks are Tata Motors and Titan Company. Out of these two Tata group stocks, one of them has climbed to a new life-time high during Friday deals. Tata group that climbed to a new peak today is Titan Company shares. Titan share price has today ascended to a new life-time high of ₹2,871 apiece on NSE.
Tata Motors share price today opened upside and went on to hit intraday high of ₹541.25 on NSE, which is its new 52-week high as well. Similarly, Titan share price today opened with an upside gap and went on to hit intraday high of ₹2,871, which is its new life-time high on NSE.
Rise in Rekha Jhunjhunwala's net worth
According to Tata Motors shareholding pattern for January to March 2023 quarter, Rekha Jhunjhunwala holds 5,22,56,000 Tata Motors shares, which is 1.57 per cent of total paid up capital of the company. As the stock surged from ₹535.20 to ₹541.25 apiece levels in intraday trade, Rakesh Jhunjhunwala's net worth surged by around ₹31,61,48,800 or near ₹31.61 crore due to rise in this Tata group stock.
Likewise, as per the shareholding pattern of Titan Company for q4FY23, Rekha Jhunjhunwala holds 4,69,45,970 Titan shares, which is 5.29 per cent of total paid up capital of the company. As Titan share price today logged ₹43.75 per share rise during Friday deals, rise in Rekha Jhunjhunwala's net worth due to rise in Titan shares is ₹2,05,38,86,187.5 or ₹205.38 crore.
Therefore, total rise in net worth of Rekha Jhunjhunwala's net worth due to rise to new 52-week highs by these two Tata group stocks is around ₹237 crore. so, Rekha Jhunjhunwala has earned around ₹237 crore in one day after rise in these two Tata group stocks.
Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.
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