This stock made crorepati of investors and Rakesh Jhunjhunwala, earned 900 crores in minutes

Rakesh Jhunjhunwala portfolio: Today, a big jump has been seen in the property of the country’s veteran investor Rakesh Jhunjhunwala. Titan Company share price included in his portfolio (Rakesh Jhunjhunwala portfolio) has set a new record high in the market today. The company’s share rose by Rs 214 per share to a record high of Rs 2362 on NSE. Shares of Tata Group had opened at its highest level in early trade, due to which investor Jhunjhunwala’s wealth increased by Rs 900 crore in a few minutes today. Let us tell you how Jhunjhunwala earned Rs 900 crore-

How Rakesh Jhunjhunwala earned ₹900 crore
According to the shareholding pattern of Titan Company, Rakesh Jhunjhunwala held 3,30,10,395 shares in the company in the second quarter of FY22. At the same time, Jhunjhunwala of his wife Rekha Titan had 96,470,575 shares. Both have 4,26,50,970 shares of Titan in total. Rakesh and Rekha Jhunjhunwala have net earnings of around Rs 900 crore (₹214.35 x 4,26,50,970 = ₹914 crore) on this jewelery stock today. The share price of Titan Company has increased by 214.35 today.

Shares rose more than 9 percent
Let us tell you that during today’s business, the company’s stock has seen an increase of more than 9 percent, after which the company’s market cap has crossed 2 lakh crores. Along with this, there has been a lot of improvement in the demand of the company in the July-September quarter.

Break the record of 52 weeks
Titan Company’s stock has made a new high by breaking the 52-week record with a gain of 9.39 percent today. In today’s early trade, the company’s stock had reached Rs 2,348.45 on BSE. At the same time, the company’s stock was trading at the level of 2,347.40 with a gain of 9.30 percent on NSE.

What is the market cap of the company?
After the rise in the share price, the market capitalization of the company had reached 2,08,026.05 crore on the BSE. Tata Consultancy Services (TCS) was the first among the Tata group firms to reach a market valuation of Rs 2 lakh crore. Its current market valuation is 14,19,973.35 crores. Subsequently, Titan said on Wednesday that it has seen a significant improvement in demand in the July-September quarter. At present, most of the stores of the company are fully functional across the country.

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