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Rekha Jhunjhunwala earns ₹240 crore from these 3 Tata shares in one day


Rekha Jhunjhunwala Portfolio: During the stock market’s recovery on Friday, stock market observers could breathe a sigh of relief as the majority of major indices registered a massive rally over the weekend session. In fact, the shares of the Adani group also witnessed a bargain hunt after the announcement of the bulk deal. Like any other investor, top investor Rekha Jhunjhunwala’s net worth also witnessed a tremendous increase on Friday as she earned around 240 crore from three shares of the Tata group: Titan Company, Tata Motors and Indian Hotels Company.

Rise in Rekha Jhunjhunwala’s Net Worth in Titan Shares

According to Titan Company shareholder pattern for the October to December 2023 quarter, Rekha Jhunjhunwala owns 4,58,95,970 Titan shares, which is 5.17 percent of the total paid-up capital of the Tata group company. Titan stock price on Friday registered intraday increase of 41.05 each which means that Rekha Jhunjhunwala’s net worth has risen around 188.50 crore due to rise in Titan share price on Friday.

Rise in Rekha Jhunjhunwala’s net worth at Tata Motors

According to Tata Motors shareholder pattern for Q3FY23, Rekha Jhunjhunwala owns 5,22,56,000 company shares, which is 1.57 percent of the company’s total paid-up capital. After the close of the deals on Friday, Tata Motors share price registered 7.40 per share rise. This means that Rekha Jhunjhunwala’s net worth has increased by approx 38.66 crore during a weekend session last week.

Rise in Rekha Jhunjhunwala’s wealth in Indian hotels

The shareholder pattern of Indian Hotels Company for the quarter of December 2023 indicates that Rekha Jhunjhunwala holds 3,00,16,965 company shares or 2.11 percent stake in the company. Indian Hotels’ share price ended Friday with an intraday gain of 3.85 per share. This means that Rekha Jhunjhunwala’s net worth has increased by approx 11.55 crore due to rise in 3.85 per share in this Tata group hospitality stock.

So due to the rise in share prices of this Tata group on Friday, Rekha Jhunjhunwala’s net worth rose around 240 crores.

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Joanna Swanson

Joanna Swanson is Europe correspondent at the Thomson Reuters Foundation based in Brussels covering politics, culture, business, climate change, society, economies and inclusive tech. With specific focus in breaking news, she has covered some of the world's most significant stories.