Rakesh Jhunjhunwala Buys More Titan Shares During December Q

Rakesh Jhunjhunwala buys more Titan shares during December q


Huge Bull Rakesh Jhunjhunwala now owns 3.57 million fairness shares of Titan Firm, up from 3.37 million fairness shares on the finish of the September 2021 quarter.

Rakesh Jhunjhunwala has purchased extra shares of Titan within the quarter ended December 2021. In response to Titan’s newest shareholding sample, Jhunjhunwala now owns 4.02% stake in Titan Firm, up from 3.80% on the finish of September 2021 quarter. Titan is the most important inventory in its portfolio, valued at Rs. 2,618.65 per share at a closing worth of Rs. 11,849.64 crore. In the meantime, Rakesh Jhunjhunwala’s spouse Rekha’s shareholding in Titan remained unchanged at 1.07%. In response to Trendlyne, Huge Bull has publicly raised Rs. Holds 35 shares with a networth of Rs 24,225.7 crore.

Huge Bull will increase Titan holdings

Rakesh Jhunjhunwala now owns 3.57 million fairness shares of Titan, up from 3.37 million fairness shares on the finish of the September 2021 quarter. With the addition of about 19.5 million shares of the corporate, Huge Bull holds 4.02% stake. Rekha Jhunjhunwala, in the meantime, maintained its stake within the firm at 95.40 lakh shares or 1.07% on the finish of December quarter. The couple’s mixed stake in Titan rose to five.09% from 4.87% within the September quarter.

Shares of Titan have risen greater than 75% within the final one 12 months

Shares of Titan have risen 10.38 per cent within the final month and greater than 51.98 per cent within the final six months. Shares rose practically one per cent to Rs. 2,643 per share, reaching an intra-day excessive of Rs. 2,687, down 1.6 per cent from a 52-week excessive of Rs. In the previous few months, the inventory has improved 13.5 per cent to Rs. 2,588.8 to Rs. 2,239.35, which was hit on 18 October. Nonetheless, with the restoration within the general fairness market, the inventory additionally improved and the Nifty has risen 17% since December 20 in opposition to the ten% achieve. Shares of Titan have risen 74.46 per cent in a single 12 months and greater than 620 per cent within the final 5 years. Titan’s inventory has risen about 3% up to now in 2022.

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