Rakesh Jhunjhunwala earned ₹861 crore from these two stocks in a day

Rakesh Jhunjhunwala Share Holding

As per the shareholding pattern of Titan Company for the period October to December 2021, Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala have invested in the company. Rakesh Jhunjhunwala holds 3,57,10,395 shares of Titan Company, which is 4.02 percent of the total paid-up capital of the company. Similarly, Rekha Jhunjhunwala holds 95,40,575 shares or 1.07 per cent stake in Titan in the company. Hence, the Jhunjhunwala couple holds 4,52,50,970 company shares or 5.09 per cent stake in this flagship company of the Tata group.

As per the latest exchange communication, Big Bull Rakesh Jhunjhunwala has announced that he holds 10,07,53,935 shares, which is 17.50 per cent of the total issued paid-up capital of the company.

Increase in net worth of Rakesh Jhunjhunwala

Since Rakesh Jhunjhunwala has 4,52,50,970 shares of Titan Company and Titan’s share price has increased Thursday at 118.70. So, the net increase in the net worth of Rakesh Jhunjhunwala is approx. 537 crore ( 118.70 x 4,52,50,970).

Similarly, Rakesh Jhunjhunwala has 10,07,53,935 shares of Star Health which increased 32.20 per share on Thursday. Therefore, the net increase in Rakesh Jhunjhunwala’s net worth due to the increase in the share price of Star Health is approx. 324 crore ( 32.20 x 10,07,53,935).

Therefore, the increase in the share price of Titan and the share price of Star Health has resulted in an increase in the net worth of Rakesh Jhunjhunwala. 861 crore ( 537 Cr+ 324 crores).