Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala possess 4,48,50,970 Titan shares, or 5.05 percent of the company’s total paid-up capital.
Rakesh Jhunjhunwala’s portfolio: In the last five sessions, this Tata group stock has risen by 160.70 per share, or 7.50 percent, from 2134.30 to 2295.
Rakesh Jhunjhunwala net worth: Following the Indian stock market’s relief rally last week, a number of high-quality stocks have seen strong gains in recent sessions.
One of them is Rakesh Jhunjhunwala’s Titan Company stock. This Rakesh Jhunjhunwala portfolio stock has surged from roughly 2134 to 2295 levels in the last 5 trade sessions, allowing Big Bull to make around 720 crore during that time.
History of Titan’s stock price
This Tata group stock has risen from 2134.30 to 2295 in the last five sessions, a gain of 160.70 per share or 7.50 percent in the last week.
Titan Company is owned by Rakesh Jhunjhunwala.
Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala own shares in Titan Company Limited, according to the shareholding pattern for the period January to March 2022. Rekha Jhunjhunwala owns 95,40,575 Titan shares, or 1.07 percent of the firm. Rakesh Jhunjhunwala owns 3,53,10,395 Titan shares, or 3.98 percent of the company. As a result, the Jhunjhunwala couple owns 4,48,50,970 Titan shares, or 5.05 percent of the company’s entire paid-up capital.
Rakesh Jhunjhunwala’s net worth has increased.
Because Rakesh Jhunjhunwala owns 4,48,50,970 Titan shares and the Tata group stock has climbed to 160.70 per share in the last week, the net increase in Big Bull’s wealth is roughly 720 crore (160.70 x 4,48,50,970).
Now Let’s talk about Titan Stock Fundamental
Titan Company Ltd.
Titan Company Limited (Titan Co) is a company in the apparel and accessories sector. The total valuation (market value) of the company is ₹ 1,95,091 crore. The price of one share of the company is ₹2,221.35 in BSE market today and ₹2,220.95 in NSE market today. The company was established in the year 1984.
As per the report provided by the company, the total income for the last year stood at Rs 20,156.05 crore and the total sales were Rs 20,009.64 crore. The company’s net profit stood at Rs 1,517.63 crore. Titan Company Limited has paid tax of Rs -537.17 crore in the current year.
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 30.34%
- Stock is trading at 21.19 times its book value
- Company might be capitalizing the interest cost