The Rakesh Jhunjhunwala portfolio is closely followed by retail investors as a single change in the portfolio of a handful of investors acts as the prime Rakesh Jhunjhunwala tips for them. The “Warren Buffett of India” has some special beliefs out of about 3 dozen stocks which serve as the prime reason for Big Bull to stay invested in these stocks. Shares of Titan Company is one such stock that has been doubling shareholders’ money since 2009. So, those retail investors and market observers who want to know the reason why this Tata stock is one of Rakesh Jhunjhunwala’s favorite stocks, this might be an interesting fact for them.
Titan Share Price History
it Rakesh Jhunjhunwala Portfolio Stocks It has been giving excellent returns to its shareholders since 2009. In April 2009, the share price of Titan was around 40 each level that went up 300 level in April 2013. In October 2017, the share price of Titan Company increased further 600 per share level, which moved further north 1460 per share in April 2021. Hence, this part of the Tata group in the Rakesh Jhunjhunwala portfolio has been giving multibagger returns to its shareholders after every four years since 2009.
Rakesh Jhunjhunwala holding in Titan Company
As per the shareholding pattern of Titan Company for the recently ended March 2022 quarter, Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala hold a stake in the Tata group company. Rakesh Jhunjhunwala holds 3,53,10,395 shares or 3.98 per cent stake in Titan while Rekha Jhunjhunwala holds 95,40,575 shares or 1.07 per cent stake in Titan Company.