Rakesh Jhunjhunwala earned Rs 590 crore in 1 day
Rakesh Jhunjhunwala, popularly known as Big Bull in the stock market, earned Rs 590 crore in just one day from two stocks in a day.
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Rakesh Jhunjhunwala Portfolio: Share market veteran Rakesh Jhunjhunwala has increased his net worth or net worth by Rs 590 crore in just one day. He earned Rs 590 crore in a day from two stocks. In fact, on May 21, the sharp recovery in the stock market defeated the portfolio of many investors, big and small. Meanwhile, 2 stocks of Tata Group included in his portfolio performed well. He earned this from the stock of his favorite company Titan and Tata Motors.
These two stocks rocked
Let us tell you that Rakesh Jhunjhunwala has not sold these shares. In fact, on June 21, Titan's shares jumped by Rs 118.25, while the share price of Tata Motors increased by 15.40 per share. Due to this jump in shares, Jhunjhunwala's net worth increased by about Rs 590 crore.
The company's shares increased so much
Let us tell you that on Tuesday (June 21), the stock of Titan Company closed at Rs 2079.95 with a rise of 6.03 per cent in the stock exchange of the stock market. A day before this i.e. on Monday, June 20, the shares of Titan Company closed at Rs 1961.70. That is, on Tuesday, every Titan stock rose by Rs 118.25. Similarly, talking about Tata Motors, as soon as the market opened, the price of one share became Rs 389 and when the market closed, the price of one share of the company was Rs 398.10. On Tuesday, the shares of the company saw an increase of Rs 15.40 per share.
Jhunjhunwala has so many shares
According to stock market data, Rakesh Jhunjhunwala, who is called Big Bull, has more than 3.53 crore shares of Titan Company. At the same time, his wife Rekha Jhunjhunwala has more than 95.4 lakh stocks of this company. On Tuesday, Titan's share rose by Rs 118.25. Accordingly, his net worth increased by Rs 530 crore only with the help of the company's stocks. At the same time, according to the shareholding pattern of the fourth quarter of FY 2022, Rakesh Jhunjhunwala holds more than 3.92 crore shares of Tata Motors. The share of Tata Motors rose by Rs 15.40. Accordingly, with the help of the company's shares, his net worth increased by 60 crores in a single day. Overall, Rakesh Jhunjhunwala earned Rs 590 crore in just one day.