Rakesh Jhunjhunwala Portfolio Titan Company Big Bull is one of the favorite stocks of Rakesh Jhunjhunwala. However, ‘Warren Buffett of India’ reduced his stake in the Tata group flagship company from 5.09 per cent to 5.05 per cent in the January-March 2022 quarter. But, if we look at Titan’s share price history, the decision of the seldom investor would seem right. Year-on-year i.e. in 2022, the share price of Titan has almost fallen 264 per share 1185 crore loss in the net worth of Rakesh Jhunjhunwala in 2022.
Titan Share Price History
As mentioned above, in YTD time, titan share drowned all around up to 2524 each level 2260 points, fell close 264 per. Actually, this stock of Rakesh Jhunjhunwala is in the consolidation phase for about 6 months. In the last 6 months, this Tata stock has given zero returns as it has lost more than 10 per cent in this period.
Rakesh Jhunjhunwala’s shareholding in Titan Company
Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala hold stake in the Tata Group flagship company, as per the Titan Company’s shareholding pattern for the January-March 2022 quarter. Rakesh Jhunjhunwala holds 3,53,10,395 shares or 3.98 per cent stake in Titan in the company. Big Bull’s wife Rekha Jhunjhunwala holds 95,40,575 shares of Titan or 1.07 per cent of the total paid-up capital of the company.
So, Jhunjhunwala couple holds 4,48,50,970 shares or 5.05 percent stake in this Tata company.
Impact on Rakesh Jhunjhunwala’s net worth
As Rakesh Jhunjhunwala and his wife hold 4,48,50,970 shares of Titan and the stock has declined. 264 in 2022, Rakesh Jhunjhunwala’s net worth due to fall in share price of Titan in 2022 is approx. 1185 crore ( 264 x 4,48,50,9700).