As per the latest shareholding data, ace investor Rekha Jhunjhunwala holds significant stakes in the two companies. So with the impressive surge today, let’s see how these stocks added over ₹100 crore to her net worth.
Starting with Titan, Jhunjhunwala holds 5.29% or 4,69,45,970 shares of the company. On Friday, when the Titan share price closed at ₹2,861.65, the value of her stake stood at ₹13,434.29 crore. Today, with the stock going up to ₹2,875, the value of her holding went up to ₹13,496.96 crore. An approximate increase of around ₹62 crore in Jhunjhunwala’s net worth from her Titan holdings.
Moving on to Tata Motors, Jhunjhunwala owns 52,256,000 shares in the company. On Friday, when the Tata Motors share price closed at ₹535.90, her holding’s value stood at ₹2,800.39 crore. Today, with the share price hitting a new 52-week high of ₹544.80, the value of her stake went up to ₹2,846.90 crore. Translating to an increase of ₹46 crore.
So, in total the two Tata stocks added around ₹108 crore to her net worth just today.
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The Jhunjhunwala family has been one of the strongest and earliest backers of the Tata Group companies. Over the years, the two companies have added considerably to their wealth.
Price Action: Tata Motors’ share price was up 1.56% to trade at ₹544.25. Titan’s share price was down 0.39% to trade at ₹2,850.55 in the early hours of trading on Monday.
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Editor’s Note: Artificial intelligence was used as a secondary aid in the writing of this story.
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