India¡¯s third richest woman Rekha Jhunjhunwala, late Rakesh Jhunjhunwala's wife, has been no less than an inspiration for women investors in our country.?
Her portfolio is often closely followed by retail investors in an attempt to replicate or even come close to her success as an investor. In another example of how India¡¯s third richest woman earns crores through her portfolio, in the last month, one company in Rekha Jhunjhunwala¡¯s portfolio reaped a mammoth earning of Rs 692 crore. Yes, you read that right.?
The share price of Titan Company has ascended ?150.90 apiece or 6.30% in the last month. In this LIC-backed Tata group company, Rekha Jhunjhunwala owns 5.17% stake or 4,58,95,970 Titan shares.
Titan share price,?as per a?Mint report, has?ascended from ?2397.10 per share levels to ?2548 apiece levels, logging ?150.90 per share appreciation in the last month. As of today morning, its share price is trading even higher, at ?2572.?
As per the shareholding pattern of Titan Company Limited for October to December 2022 quarter, Rekha Jhunjhunwala owns 4,58,95,970 Titan Company shares, as per Trendlyn data.?This means, due to the appreciation in Titan share price last month,?the rise in Rekha Jhunjhunwala's net worth in rupee terms is around ?6,92,57,01,873 or around ?692 crore in the last month.
Also Read:?Rakesh Jhunjhunwala's?Stock Prediction For Zomato Comes True
According to the shareholding pattern of Titan Company Limited for Q3FY23, insurance giant Life Insurance Corporation (LIC) of India has investments in this Tata group company. In December 2022 quarter,?LIC held? 20,519,699 Titan Company shares, which is 2.31% of the total paid-up capital of the Tata Group company.?
SBI Nifty 50 ETF has also invested in this Rekha Jhunjhunwala-backed Tata group company. As per Titan's shareholding pattern for Q3 of FY 2022-23, SBI Nifty 50 ETF holds 14,005,693 Titan shares, i.e. 1.58% stake in the company.
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