The share price of many companies has been rising steadily over the last few days. The last few weeks have seen a sharp decline in even the price of good corporate stocks. In this situation it was seen as a good opportunity for investors to buy shares at a low price. Thus we are going to look at the Tata Group's role in the Rakesh Jhunjhunwala portfolio.
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720 crore in 1 week
The role we are going to look at today is Titan. The share price has been rising steadily for the last 5 sessions. It has risen from a level of 2134 rupees to a level of 2295 rupees. This has led to a profit of Rs 720 crore for this big investor.
Titan Price History
The price of this stock has risen from 2134.30 rupees to 2295 rupees in the last five sessions. It has risen by Rs 160.70 or 7.50% in the intervening period alone.
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Possessed by Rakes Jhunjhunwala
Rakesh Jhunjhunwala owned 3,53,10,395 shares or 3.98% of Titan for the march 2022 quarter. The same rekha Jhunjhunwala owned 95,40,575 shares or 1.07% of the shares. In total, the couple owned 4,48,50,970 shares.
How much network load?
Rakesh Jhunjhunwala owns a total of 4,48,50,970 shares. Titan is trading at Rs 160.70 per share. As a result, his income ratio has increased to Rs 720 crore. (160.70 * 4,48,50,970)
What is the situation today?
At the NSE, the stock is trading slightly higher at Rs 2223.95. Its maximum price is 2304.90 rupees. Today's minimum price is 2201 rupees. At the same BSE, its share price rose slightly to trade at Rs 2222.90. Today's maximum price is 2304.60 rupees. Today's minimum price is 2201 rupees. Its 52 week high price is 2767.55 rupees and its 52 week low price is 1564.60 rupees.
