Rekha Jhunjhunwala, saw a significant boost in her wealth today, thanks to the remarkable performance of both Titan and Tata Motors stocks. Combined, these stocks added a whopping ₹225 crore to her net worth.
Titan’s share price surged up over 1% on Friday halting its four straight session losing streak. Jhunjhunwala holds a 5.4% stake, which translates to 47,695,970 shares. With the stock’s previous close at ₹3,100.80, her holdings were valued at ₹15,409 crore. However, with today’s high of ₹3,138.75, the value of her stake surged to ₹15,598 crore, marking an increase of ₹189 crore.
Similarly, Tata Motors shares jumped up over 1% to hit an intraday high of ₹635. She holds a 1.6% stake, amounting to 53,256,000 shares. The stock’s previous close was at ₹626.55, valuing her holdings at ₹3,336 crore. With the stock reaching a high of ₹635.00 today, her stake’s value rose to ₹3,381 crore, a gain of ₹45 crore.
Price Action: Titan’s share price was up 0.88% to trade at ₹3,127.95. Tata Motor’s share price was up 0.73% to trade at ₹631.15 in the afternoon hours of trading on Friday.
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