Big Bull Rakesh Jhunjhunwala, wife Rekha minted Rs 484.61 crore from this stock in last one month
Titan share price yesterday morning crashed to the tune of nearly 4 per cent after the weak quarterly results. In Q1 FY21 results, the Titan Company reported a net loss of Rs 270 crore.
Titan share price yesterday morning crashed to the tune of nearly 4 per cent after the weak quarterly results. In Q1 FY21 results, the Titan Company reported a net loss of Rs 270 crore. While this was bound to have its toll on investors and it included Rakesh Jhunjhunwala and wife Rekha Jhunjhunwala as they own 3,93,10,395 and 97,40,575 shares in Titan Company.
While many are busy calculating how much the ace investors lost in this Titan Share price tank, the Big Bull may be busy counting how much he has earned from this particular share in the last one month. According to the BSE data, the Titan share price has surged from Rs 966.35 per share levels to Rs 1,065.15 per share mark today, which means the share has surged by Rs 98.80 per share.
As mentioned earlier, Rakesh Jhunjhunwala holds 3,93,10,395 shares in the company, the ace investor has managed to earn Rs 388.38 crore while his better half, Rekha Jhunjhunwala, who holds 97,40,575 shares, has minted Rs 96.23 crore. Hence, both husband-wife duo has managed to generate Rs 484.61 crore as gains.
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Interestingly, Rakesh Jhunjhunwala and Rekha Jhunjhunwala have managed to mint this much of money even after the shares slipped near 4 per cent from Monday close to Wednesday opening bell trading session. It had a closing of Rs 1,107 apiece on Monday.
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