Like the stock market is running like a rocket. In the same way, the shares of the current big bull of the market Rakesh Jhunjhunwala's portfolio have also seen a rise. The most important thing is that Rakesh Jhunjhunwala has earned Rs 900 crores from the shares of Ratan Tata's two companies in the month of September only. On the other hand, common investors have also benefited immensely. The names of these two companies are Tata Motors and Titan Limited.
In the last month, the share price of Tata Motors has seen an increase of about 13 percent. Shares of Titan Company have gained 11.40 percent in this period. Due to the rise in these two stocks, the net worth of Rakesh Jhunjhunwala has increased by about Rs 893 crore this month.
As per the shareholding pattern of Tata Motors for the April to June 2021 quarter, Big Bull holds 3,77,50,000 shares. In September 2021, the share price history of Tata Motors shows that the auto stock has risen from Rs 287.30 to Rs 331 per share on NSE. That is, a net increase of Rs 43.70 has been seen in the share price during this period. Therefore, Rakesh Jhunjhunwala has earned ₹ 1649675000 i.e. 164.9675 crores from his Tata Motors shareholding in September 2021.
As per the shareholding pattern of Titan Company for the quarter of April to June 2021, 'Big Bull' holds 3,30,10,395 shares while Rekha Jhunjhunwala wife of Rakesh Jhunjhunwala holds 96,40,575 shares. So, the total share of Titan held by Rakesh Jhunjhunwala and his wife is 4,26,50,970. In September 2021, Titan's shares increased from Rs 1921.60 per share to a level of ₹ 2092.50. During this period, the company's stock has seen an increase of Rs 170.90. So, Rakesh Jhunjhunwala has earned ₹7289050773 i.e. ₹728.90 crores from his Titan shareholding.
Hence, the net worth of Rakesh Jhunjhunwala in these two shares of Tata Group increased by Rs 8938725773 i.e. Rs 893.87 crore (728.90 crores + 164.97 crores) in September 2021. Jhunjhunwala has made investments in the name of both himself and his wife Rekha Jhunjhunwala. He is a qualified Chartered Accountant and manages the asset firm Rare Enterprises. According to Trendline, Rakesh Jhunjhunwala & Associates holds 38 stocks in the public domain with a total valuation of over Rs 21,897 crore.
