This Tata Stock Made Rekha Jhunjhunwala ₹266 Crore Richer Today

Rekha Jhunjhunwala saw a significant increase in her net worth today, thanks to the impressive performance of the Titan stock. Titan’s share price surged up over 1.5% to hit an intraday high of ₹3,067.

Rekha Jhunjhunwala owns 5.36% or 47,595,970 shares of Titan. So, on the previous day, when the stock closed at ₹3,011.10, the value of her holding was ₹14,331 crore. Today, with the stock’s price at ₹3,067, her stake’s value went up to ₹14,597 crore.

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Titan has been on a steady upward trajectory, the stock has climbed up over 20% in the past six months. However, most brokerages feel that at the current valuation, the upside in the stock is limited. Here are the latest analyst calls on the stock.

Brokerage FirmRatingTarget Price
ICICI Securioties Add₹3,200
HDFC SecurtiesReduce₹2,600
Prabhudas LiladharAccumulate₹3,240
Geojit BNP ParibasHold₹3,150

Price Action: Titan’s share price was up 1.71% to trade at ₹3,062.50 on Thursday afternoon.

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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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Posted In: EquitiesMarketsTata GroupTitan