Rakesh Jhunjhunwala News : Rakesh Jhunjhunwala has invested a lot in Tata Group companies. Jhunjhunwala Group has investments in four companies – Tata Motors, Tata Communications, Titan Companies and Indian Hotels. The share price of these four companies has increased by 135 percent in the last one year. At the same time, so far this year, these stocks have gained 57 percent. Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala hold 4.8 per cent stake in Titan Company i.e. 4.26 crore shares. However, he has reduced his stake in it during the April-June quarter. This is the third consecutive quarter, when Rakesh Jhunjhunwala has reduced his stake in Titan Company.
Tata Motors shares have given highest returns in a year
Rakesh Radheshyam Jhunjhunwala’s second major stake is in Tata Motors. His stake in this company is 1.14 percent. He holds 3.7 percent shares of the company. He has reduced his stake in this company. Tata Motors has given a return of 134.24% in the last one year. In the last one year, no company’s stock has given more return than this. Jhunjhunwala holds 1.04 per cent stake in Tata Communications. He holds 29.50 lakh shares of the company. The stock of this company has given 55.31 percent return in the last one year. So far this year, this share has increased 28.34 percent. Rakesh Jhunjhunwala holds 2.50 crore shares of Tata Group’s hospitality company Indian Hotels. Jhunjhunwala and his wife Rekha Jhunjhunwala hold 2.10 per cent stake in this company.
Radhakishan Damani earned more than 30% from these stocks in 2021, made it to the list of 100 richest people in the world
Tata Tea was Jhunjhunwala’s first purchase in Tata Group
Rakesh Jhunjhunwala made the first big bet in the Tata Group companies by buying the shares of Tata Tea. In 1986, he bought five lakh shares of this company at the rate of Rs 43 per share. After this, within three months, the price of one share of this company increased from Rs 43 to Rs 143. That is, they had increased by more than three times.
Rakesh Jhunjhunwala currently has shares of 48 companies in his portfolio. These include companies ranging from finance to tech and retail sectors. According to Trendlyne data, according to this share, his total assets are Rs 20,165.9 crores. According to his portfolio, the highest value of his stake is in Titan Company. The total value of his stake in this company is Rs 8019.7 crore.