Ace investor Rakesh Jhunjhunwala has picked up additional stake in Tata Group company stock – Titan Company, the December shareholding pattern of the company showed. 

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In one of his most invested stocks, Rakesh Jhunjhunwala has picked up additional 0.22 per cent stakes, to take total holding of the investor to 4.02 per cent stakes, which aggregates to 3,57,10,395 equity shares in the company, the Q3 shareholding pattern of Titan available on the BSE revealed. 

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In the September quarter, the celebrity investor had held 3,37,60,395 equity shares to 3.8 per cent stakes in the jewellery and accessories company, the shareholding pattern mentioned. 

Rakesh Jhunjhunwala’s wife Rekha Jhunjhunwala has remain invested in this Tata Group company with 95,40,575 equity shares to 1.07 per cent, the latest shareholding pattern on the BSE pointed out. 

This is the first such fresh buying of Rakesh Jhunjhunwala so far during the December-end quarter in his portfolio. While the celebrity investor has stayed put in Agro Tech Foods, Canara Bank, Federal Bank, Man Infraconstruction and Bilcare Ltd. 

The investor, otherwise, has sold 0.3 per cent stake taking the toll holding to 23.4 per cent holding, aggregates to 9,668,840 equity shares, as per the shareholding pattern. And, reduced the stake below 1 per cent in The Mandhana Retail Ventures and TARC Ltd, the shareholding pattern said. 

Rakesh Jhunjhunwala, who is also known as the Big Bull of the Indian stock market, along with his wife and associates publicly holds 38 stocks with a net worth of over Rs 34,441.5 crore. 

The stock in the last one year has gained over 75 per cent returns, as compared to over 23 per cent rise in the BSE Sensex. Similarly, it has surged over 53 per cent in the last 6 months as against BSE Sensex jumped almost 16 per cent during the same period.