Rekha Jhunjhunwala portfolio, investors tired of counting money Rao; Tata’s sting in the market, the stock race continues, in a month… – titan share price this tata stock makes veteran investor rich earns rs 692 crore in a month
Titan shares
Rekha Jhunjhunwala holds 5.17% stake or 4,58,95,970 Titan shares in the Tata Group. So Life Insurance Corporation of India i.e. LIC has also invested money in this share of Tatas. In the last one month, Titan’s share price per share was Rs. 23977.10 from Rs. 2548 per share has increased to Rs. During this period, the share price has increased by Rs. 150.90.
Increase in Rekha Jhunjhunwala’s wealth
Rekha Jhunjhunwala holds 4,58,95,970 shares of Titan Company as per shareholding pattern as of December 2022 quarter. Rekha Jhunjhunwala’s wealth in the past one month has increased by around Rs. 6,92,57,01,873 or about Rs. 692 crore has increased.
LIC also believes in Tata’s share
Insurance giant, Life Insurance Corporation of India (LIC) has invested in Titan as per data till December quarter. LIC holds 2,05,19,699 shares of Titan Company, which is 2.31% of the total paid-up capital of the Tata group company. Also, LIC held 2,89,63,596 shares of Titan in the September quarter, which was 3.26% of the company’s total paid-up capital. That means LIC has reduced its stake in the Tata group company in the third quarter.
Apart from this, SBI Nifty50 ETF has also poured money into Titan stock. As of December quarter data, SBI Nifty50 ETF held 1,40,05,693 shares of Titan, or 1.58% stake in the company. Meanwhile, the figures for January to March 2023 quarter are yet to be announced.
(Note: Consult a financial advisor before investing in the stock market. The above information is about stock performance and should not be considered as investment advice.)