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Rakesh Jhunjhunwala Gets 590 crore in a single day from these 2 Tata Stocks

Rakesh Jhunjhunwala’s Portfolio: Following the Nifty 50 index’s highest one-day point increase since May 17, 2022, Big Bull Rakesh Jhunjhunwala made a profit of Rs 590 crore from his two Tata equities, Titan Company and Tata Motors.

Titan’s stock rose to 118.25 on the NSE today, while Tata Motors’ stock rose to 15.40 per share, boosting Rakesh Jhunjhunwala’s net worth to around 590 crore.

Titan’s Stock Price has Risen

Titan Company’s stock price today opened with an upside gap and closed at 2079.95, up 118.25 from Monday’s close of $161.70 per share.

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Tata Motors’ Stock Price has Risen

Tata Motors’ stock rose 15.40 per share today on the NSE, opening at 389 and closing at 398.10, a gain of 15.40 per share on Tuesday.

Titan Company is Owned by Rakesh Jhunjhunwala

Big Bull holds 3,53,10,395 Titan shares, while his wife Rekha Jhunjhunwala owns 95,40,575 Titan shares, according to the Titan Company’s shareholding pattern for January to March 2022. As a result, the Jhunjhunwala pair owns a total of 4,48,50,970 Titan shares.

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Tata Motors is Owned by Rakesh Jhunjhunwala

Rakesh Jhunjhunwala owns 3,92,50,000 shares in Tata Motors, or 1.18% of the company, according to his shareholding pattern for Q4FY22.

Rakesh Jhunjhunwala’s Net Worth has Increased

Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala own 4,48,50,970 Titan shares, which have increased in value by 118.25% today. Rakesh Jhunjhunwala’s net worth has increased by about 530 crore (118.25 x 4,48,50,970) as a result of the increase in Titan Company shares.

Rakesh Jhunjhunwala, meanwhile, holds 3,92,50,000 Tata Motors shares, which rose to $15.40 per share on Tuesday. As a result of the increase in Tata Motors share price, Rakesh Jhunjhunwala’s net worth has increased by about 60 crore (15.40 x 3,92,50,000).

Rakesh Jhunjhunwala’s net worth has increased by 590 crore (530 crore + 60 crore) as a result of the gain in these two Tata group equities.

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