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A stock which was bought over 3 years ago has turned out to be highly successful for big bull Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala. Rakesh Jhunjhunwala who is also called the Dalal Street king and is seen as an idol to many investors, knew exactly what he was doing when he decided to buy jewelry maker Titan's shares. Just like its name, Titan is a lion among the Indian jewelry sector and has an immense presence with strong foothold. Rakesh manages both his and wife Rekha’s holding. He continues to invest through its enterprise - Rare Enterprises. He has once again proved that with little patience, great stock and long term picture is a success story. In case of Titan, Rakesh and wife have become richer in just a little over three-years time. 
On Thursday, Titan was trading at Rs 1,124.30 per piece up by Rs 10 or 0.90% on Sensex at around 1450 hours. Interestingly, in early hours of opening, Titan touched an all-time high of Rs 1,129.25 per piece on the index. With this blockbuster performance, Titan has now even outrun benchmark index Sensex. 
According to TrendLyne.com data which tracks both Rakesh and wife Rekha’s portfolio showed that, together their wealth in Titan now stands at Rs 7,055 crore with 7.08% stake having 62,901,220 equity shares. 
The gains in their portfolio is despite, Rakesh reducing his holding slightly by 0.04% in Q3FY19. 
Between October - December 2018, Titan has even touched an all-time low of Rs 731.70 per piece. In fact data earlier revealed that, by end of December 2018, Rakesh and wife Rekha’s wealth together were even below Rs 6,000 crore. This would mean that, Titan gave a whopping over Rs 1,000 crore gains in less than three months of 2019. 
In past six months, Titan has risen by over 54% if we compared both all-time high and lows. But Titan shares which were trading near Rs 941-mark on March 28,2018, has jumped by over 20% in one year’s time. 
By this, Titan surpasses Sensex gains as well. The 30-scrip index which was below Rs 33,000-mark on March 28, 2018, has just surged by nearly 17% in a year. 
Rakesh and Rekha have been holding Titan since December 2015. Guess what! The jewelry maker in the period of December 2015, was trading below Rs 400, which means Titan has surged by breathtakingly over 200% making both Dalal Street idols richer than ever. 
As on December 2018, Rakesh’s holding in Titan is 5.78% with 51,325,645 shares, while Rekha has 1.30% stake in the company with 11,575,575 equity shares. 
<blockquote data-lang="en"><a href="https://twitter.com/hashtag/FSSAI?src=hash&amp;ref_src=twsrc%5Etfw">#FSSAI</a> और <a href="https://twitter.com/hashtag/FDA?src=hash&amp;ref_src=twsrc%5Etfw">#FDA</a> ने फूड सेफ्टी के नियमों को किया और कड़ा, <a href="https://twitter.com/hashtag/ZeeBusiness?src=hash&amp;ref_src=twsrc%5Etfw">#ZeeBusiness</a> ने बात की महाराष्ट्र FDA कमिश्नर डाॅ. पल्लवी दराडे से।<a href="https://twitter.com/AnilSinghviZEE?ref_src=twsrc%5Etfw">@AnilSinghviZEE</a> <a href="https://twitter.com/Tweet2Prashant?ref_src=twsrc%5Etfw">@Tweet2Prashant</a> <a href="https://twitter.com/mojopandey123?ref_src=twsrc%5Etfw">@mojopandey123</a> <a href="https://twitter.com/fssaiindia?ref_src=twsrc%5Etfw">@fssaiindia</a> <a href="https://t.co/XorLRaT1W8">pic.twitter.com/XorLRaT1W8</a>
— Zee Business (@ZeeBusiness) <a href="https://twitter.com/ZeeBusiness/status/1111245971701288960?ref_src=twsrc%5Etfw">March 28, 2019</a></blockquote>
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Now that, both Rakesh and Rekha have added hefty crores in their kitty, as an investor you should know Titan is still among the best bet on stock exchanges. 
Broking firm Sharekhan in its research note says, “Titan is one of the top retailers with a strong presence in discretionary categories such as jewellery, watches and eyewear. A huge retail footprint - two million sq. ft. of retail space across ~1,600 stores - and a portfolio of strong brands make it a leading brand in most of the segments.”
As the discretionary environment improves and demand for branded jewellery rises, Sharekhan says, “Titan is well poised to achieve double-digit revenue and earnings CAGR of 15% and 20%, respectively, over FY2018-FY2021.”
Finally Sharekhan added, “With a lean balance sheet (debt:equity at 0.1x) and a strong financial background, Titan is one of the best retail plays among peers. Being a Tata Group company, it has strong parent support. With improving discretionary environment and rising demand for branded jewellery, Titan is well poised to achieve double-digit revenue and earnings CAGR of 15% and 20%, respectively, over FY2018-FY2021. We have a Buy recommendation on the stock.”
Sharekhan has given a target price of Rs 1,200 on Titan. On the other hand, analysts at Standard Chartered believe, the stock has given a breakout from head and shoulder pattern with neckline at Rs 1,000. So long as stock trades above this level, it could rally to Rs 1,250 and Rs 1,400 in the medium term. Supports are at Rs 1,000 and Rs 940. Resistances are at Rs 1,100 and Rs 1,200. The RSI is above 60 and is in bullish mode.

A stock which was bought over 3 years ago has turned out to be highly successful for big bull Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala. Rakesh Jhunjhunwala who is also called the Dalal Street king and is seen as an idol to many investors, knew exactly what he was doing when he decided to buy jewelry maker Titan's shares. Just like its name, Titan is a lion among the Indian jewelry sector and has an immense presence with strong foothold. Rakesh manages both his and wife Rekha’s holding. He continues to invest through its enterprise - Rare Enterprises. He has once again proved that with little patience, great stock and long term picture is a success story. In case of Titan, Rakesh and wife have become richer in just a little over three-years time. On Thursday, Titan was trading at Rs 1,124.30 per piece up by Rs 10 or 0.90% on Sensex at around 1450 hours. Interestingly, in early hours of opening, Titan touched an all-time high of Rs 1,129.25 per piece on the index. With this blockbuster performance, Titan has now even outrun benchmark index Sensex. According to TrendLyne.com data which tracks both Rakesh and wife Rekha’s portfolio showed that, together their wealth in Titan now stands at Rs 7,055 crore with 7.08% stake having 62,901,220 equity shares. The gains in their portfolio is despite, Rakesh reducing his holding slightly by 0.04% in Q3FY19. Between October - December 2018, Titan has even touched an all-time low of Rs 731.70 per piece. In fact data earlier revealed that, by end of December 2018, Rakesh and wife Rekha’s wealth together were even below Rs 6,000 crore. This would mean that, Titan gave a whopping over Rs 1,000 crore gains in less than three months of 2019. In past six months, Titan has risen by over 54% if we compared both all-time high and lows. But Titan shares which were trading near Rs 941-mark on March 28,2018, has jumped by over 20% in one year’s time. By this, Titan surpasses Sensex gains as well. The 30-scrip index which was below Rs 33,000-mark on March 28, 2018, has just surged by nearly 17% in a year. Rakesh and Rekha have been holding Titan since December 2015. Guess what! The jewelry maker in the period of December 2015, was trading below Rs 400, which means Titan has surged by breathtakingly over 200% making both Dalal Street idols richer than ever. As on December 2018, Rakesh’s holding in Titan is 5.78% with 51,325,645 shares, while Rekha has 1.30% stake in the company with 11,575,575 equity shares. #FSSAI और #FDA ने फूड सेफ्टी के नियमों को किया और कड़ा, #ZeeBusiness ने बात की महाराष्ट्र FDA कमिश्नर डाॅ. पल्लवी दराडे से।@AnilSinghviZEE @Tweet2Prashant @mojopandey123 @fssaiindia pic.twitter.com/XorLRaT1W8— Zee Business (@ZeeBusiness) March 28, 2019Now that, both Rakesh and Rekha have added hefty crores in their kitty, as an investor you should know Titan is still among the best bet on stock exchanges. Broking firm Sharekhan in its research note says, “Titan is one of the top retailers with a strong presence in discretionary categories such as jewellery, watches and eyewear. A huge retail footprint - two million sq. ft. of retail space across ~1,600 stores - and a portfolio of strong brands make it a leading brand in most of the segments.”As the discretionary environment improves and demand for branded jewellery rises, Sharekhan says, “Titan is well poised to achieve double-digit revenue and earnings CAGR of 15% and 20%, respectively, over FY2018-FY2021.”Finally Sharekhan added, “With a lean balance sheet (debt:equity at 0.1x) and a strong financial background, Titan is one of the best retail plays among peers. Being a Tata Group company, it has strong parent support. With improving discretionary environment and rising demand for branded jewellery, Titan is well poised to achieve double-digit revenue and earnings CAGR of 15% and 20%, respectively, over FY2018-FY2021. We have a Buy recommendation on the stock.”Sharekhan has given a target price of Rs 1,200 on Titan. On the other hand, analysts at Standard Chartered believe, the stock has given a breakout from head and shoulder pattern with neckline at Rs 1,000. So long as stock trades above this level, it could rally to Rs 1,250 and Rs 1,400 in the medium term. Supports are at Rs 1,000 and Rs 940. Resistances are at Rs 1,100 and Rs 1,200. The RSI is above 60 and is in bullish mode. 

Rakesh has once again proved that with little patience, great stock and long term picture is a success story. In case of Titan, Rakesh and wife have become richer in just a little over three-years time. 

Rakesh Jhunjhunwala, wife Rekha have over Rs 7000 cr in this jewelry maker stock: Should you buy?  

news-rakesh-jhunjhunwala-wife-rekha-have-over-rs-7000-cr-in-this-jewelry-maker-stock-should-you-buy-92082

A stock which was bought over 3 years ago has turned out to be highly successful for big bull Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala. Rakesh Jhunjhunwala who is also called the Dalal Street king and is seen as an idol to many investors, knew exactly what he was doing when he decided to buy jewelry maker Titans shares. Just like its name, Titan is a lion among the Indian jewelry sector and has an immense presence with strong foothold. Rakesh manages both his and wife Rekha’s holding. He continues to invest through its enterprise - Rare Enterprises. He has once again proved that with little patience, great stock and long term picture is a success story. In case of Titan, Rakesh and wife have become richer in just a little over three-years time.  On Thursday, Titan was trading at Rs 1,124.30 per piece up by Rs 10 or 0.90% on Sensex at around 1450 hours. Interestingly, in early hours of opening, Titan touched an all-time high of Rs 1,129.25 per piece on the index. With this blockbuster performance, Titan has now even outrun benchmark index Sensex.  According to TrendLyne.com data which tracks both Rakesh and wife Rekha’s portfolio showed that, together their wealth in Titan now stands at Rs 7,055 crore with 7.08% stake having 62,901,220 equity shares.  The gains in their portfolio is despite, Rakesh reducing his holding slightly by 0.04% in Q3FY19.  Between October - December 2018, Titan has even touched an all-time low of Rs 731.70 per piece. In fact data earlier revealed that, by end of December 2018, Rakesh and wife Rekha’s wealth together were even below Rs 6,000 crore. This would mean that, Titan gave a whopping over Rs 1,000 crore gains in less than three months of 2019.  In past six months, Titan has risen by over 54% if we compared both all-time high and lows. But Titan shares which were trading near Rs 941-mark on March 28,2018, has jumped by over 20% in one year’s time.  By this, Titan surpasses Sensex gains as well. The 30-scrip index which was below Rs 33,000-mark on March 28, 2018, has just surged by nearly 17% in a year.  Rakesh and Rekha have been holding Titan since December 2015. Guess what! The jewelry maker in the period of December 2015, was trading below Rs 400, which means Titan has surged by breathtakingly over 200% making both Dalal Street idols richer than ever.  As on December 2018, Rakesh’s holding in Titan is 5.78% with 51,325,645 shares, while Rekha has 1.30% stake in the company with 11,575,575 equity shares.  #FSSAI और #FDA ने फूड सेफ्टी के नियमों को किया और कड़ा, #ZeeBusiness ने बात की महाराष्ट्र FDA कमिश्नर डाॅ. पल्लवी दराडे से।@AnilSinghviZEE @Tweet2Prashant @mojopandey123 @fssaiindia pic.twitter.com/XorLRaT1W8 — Zee Business (@ZeeBusiness) March 28, 2019 Now that, both Rakesh and Rekha have added hefty crores in their kitty, as an investor you should know Titan is still among the best bet on stock exchanges.  Broking firm Sharekhan in its research note says, “Titan is one of the top retailers with a strong presence in discretionary categories such as jewellery, watches and eyewear. A huge retail footprint - two million sq. ft. of retail space across ~1,600 stores - and a portfolio of strong brands make it a leading brand in most of the segments.” As the discretionary environment improves and demand for branded jewellery rises, Sharekhan says, “Titan is well poised to achieve double-digit revenue and earnings CAGR of 15% and 20%, respectively, over FY2018-FY2021.” Finally Sharekhan added, “With a lean balance sheet (debt:equity at 0.1x) and a strong financial background, Titan is one of the best retail plays among peers. Being a Tata Group company, it has strong parent support. With improving discretionary environment and rising demand for branded jewellery, Titan is well poised to achieve double-digit revenue and earnings CAGR of 15% and 20%, respectively, over FY2018-FY2021. We have a Buy recommendation on the stock.” Sharekhan has given a target price of Rs 1,200 on Titan. On the other hand, analysts at Standard Chartered believe, the stock has given a breakout from head and shoulder pattern with neckline at Rs 1,000. So long as stock trades above this level, it could rally to Rs 1,250 and Rs 1,400 in the medium term. Supports are at Rs 1,000 and Rs 940. Resistances are at Rs 1,100 and Rs 1,200. The RSI is above 60 and is in bullish mode.  