September 20, 2024

Titan Share Price: ‘Tata’ on Market Volatility; A stormy return of thousands of crores was given in a week, read the details


Mumbai : After the Union Budget 2023, the share of Titan Company of Tata Group has gained momentum. After closing at around Rs 2,310 on February 2, 2023, the day after Budget 2023-24 was presented in Parliament, the Titan share price has seen a bullish run for just over two weeks. Currently, this share in the Tata group reached the level of Rs 2,535 per share from Rs 2,210. Therefore, not only ordinary investors in the market but also Rekha Jhunjhunwala, the wife of late legendary investor Rakesh Jhunjhunwala, has earned a thousand crores.

There are many stocks in the stock market that have made investors millions within a few days. One such stock is Tata Group company Titan. In just two weeks of investing money in this share, the investors made a windfall of 1000 crores. Despite the volatility seen in the Indian market for the past two weeks, the Tata Group’s shares have not disappointed investors with their faith.

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share price
On February 2, the day after the presentation of the general budget, the token closed at 2,310, which recently reached the level of 2,521 per share. Thus, Titan share price increased by around Rs 225 per equity share in just two weeks. Apart from this, the company has benefited its investors from time to time through bonuses and split shares. Those who bought the shares after 2011 were given the benefit of dividend by the company while those who bought Titan stock after 2011 got the benefit of stock split and bonus share.

3 rupee share became the key to the treasure, gave a thousandfold return; Should you buy the stock?
rekha jhunjhunwala share
Rekha Jhunjhunwala holds 4,58,95,970 shares of Titan, which is 5.17% of the total capital of Titan Company Limited as of December quarter. In such a situation, if we look at the increase in the price of the shares, the total wealth of Rekha Jhunjhunwala has increased by one thousand rupees. Meanwhile, Rekha Jhunjhunwala’s net worth would have increased further in the past two weeks if she had further increased her stake in the Tata group company. Jhunjhunwala sold 33,05,000 shares or 0.37% stake in Titan Company during October to December 2022 quarter.

(Note: Investing in stock market is a risky business. In this case, do complete information and consult your advisor before investing money in any company.)



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