Rakesh Jhunjhunwala Portfolio The money is not in buying and selling stocks but in waiting. This quote by Charlie Munger simply states that one should hold a stock for as long as possible as it helps an investor to maximize the return on money. Rakesh Jhunjhunwala and most of the Indian investors have been found to give the same advice to the stock market investors. To know how this long-term investment helps your money grow, you need to look at Titan Company shares. This part of the Tata group has grown from around from 3 2500 level in the last 20 years.
Rakesh Jhunjhunwala’s stake in Titan Company
As per the shareholding pattern of Titan Company for the quarter April to June 2022, Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala together hold 4,48,50,970 shares, which is 5.05 per cent of the total paid-up capital of the company. However, for those following Big Bull’s portfolio for a value pick, the Indian billionaire with a Midas touch bought 80 million shares of Titan Company at an average price during 2002-2003. 3 per share (according to Equitymaster). So, over the last 20 years, this stock of Rakesh Jhunjhunwala has increased from 3 2,500 each level, giving 83,250 percent return to its investors during these two decades.
Shares of Titan Company are one of the multibagger stocks that the Indian stock market has produced over the years. This stock of Tata group has increased all around from 1,835 2,500 level in the last one year, is giving around 35 per cent return to its shareholders. This stock of Rakesh Jhunjhunwala has jumped in the last five years. from 625 2,500 level, registering an increase of nearly 300 percent over the period. Over the past 10 years, the share price of Titan Company has increased from approx. from 225 2,500 per share level, registering a growth of nearly 1,000 percent over the period.
Similarly, over the past 20 years, it has grown from multibagger stock. from 3 2,500 level, an increase of about 83,250 per cent over the past two decades.
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