Rakesh Jhunjhunwala earned Rs 590 crore in one day
Stock market veteran Rakesh Jhunjhunwala has increased his net worth by Rs 590 crore in just one day. He earned Rs 590 crore in one day from two shares. In fact, on May 21, the boom in the stock market overtook the portfolios of many investors, big and small. Meanwhile, two Tata group stocks in his portfolio performed well. He earned this income from the shares of his favorite company Titan and Tata Motors.
Both these stocks are up
Please tell that Rakesh Jhunjhunwala did not sell these shares. In fact, on June 21, the share of Titan gained Rs 118.25, while that of Tata Motors gained Rs 15.40 per share. Jhunjhunwala’s net worth has increased by about Rs 590 crore due to a boom in stocks.
The company’s stock rose sharply
Let us tell you that on Tuesday (June 21), the stock of Titan Company closed at Rs 2079.95 with a gain of 6.03 percent. A day earlier, on Monday, June 20, Titan’s shares were trading at Rs. Closed at 1961.70. ie Rs. 118.25 Also, if we talk about Tata Motors, then with the opening of the market, the price of one share will increase by Rs. 389 and when the market closed the price of one share of the company was Rs. 398.10. Shares of the company rose by Rs 15.40 per share on Tuesday.
Many shares of Jhunjhunwala
According to stock market data, Rakesh Jhunjhunwala, popularly known as Big Bull, has more than 3.53 crore shares of Titan Company. Also his wife Rekha Jhunjhunwala has more than 95.4 lakh shares of the company. Titan shares Rs. 118.25. Accordingly, with the help of the company’s shares alone, his net worth increased to Rs. 530 crores. At the same time, Rakesh Jhunjhunwala has more than 3.92 crore shares of Tata Motors in the fourth quarter of FY 2022 according to the shareholding pattern. Tata Motors Rs. 15.40 Accordingly, with the help of the company’s shares, his net worth increased by Rs 60 crore in a single day. Overall, Rakesh Jhunjhunwala has earned Rs 590 crore in just one day.