Market NewsRakesh Jhunjhunwala's 3 share of Rs 2,500 became the biggest bet in...

Rakesh Jhunjhunwala’s 3 share of Rs 2,500 became the biggest bet in 20 years?

As per the shareholding pattern of Titan Company for the fourth quarter of 2022, Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala hold 5.05 per cent stake in the Tata Group company.

Rakesh Jhunjhunwala Portfolio: How much profit can be made in stocks if you are patient, it can be understood from a share of Rakesh Jhunjhunwala. The name of this share is Titan Company. Jhunjhunwala, who was one of the country’s top investors, had invested in this stock 20 years ago, when its value was Rs 3 and it has become Rs 2,500 today.

Rakesh Jhunjhunwala’s holding in Titan

As per the shareholding pattern of Titan Company for the fourth quarter of 2022, Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala have investments in the Tata Group company. Rakesh Jhunjhunwala holds 3,53,10,395 shares or 3.98 per cent stake in the company, while Rekha Jhunjhunwala holds 95,40,575 shares or 1.07 per cent stake in the company. Thus the Jhunjhunwala couple holds 5.05 per cent stake in Titan Company.

8 crore shares were boughtin 2002-03

However, according to Equitymaster, this Indian billionaire had bought 80 million shares of Titan Company during 2002-03 at the rate of Rs 3. Thus, this share of Rakesh Jhunjhunwala has grown from Rs 3 to Rs 2,500 in 20 years and has given strong returns of 83,250 per cent in these two decades.

1000 percent return given in 10 years

The stock of Titan Company has been one of the few multibagger stocks in the Indian stock market in the last few years. This share of Tata Group has increased from Rs 1,835 to Rs 2,500 in the last one year. Thus the stock has given a return of 35 per cent in one year. In the last five years, the stock has risen from Rs 625 to Rs 2,500. Thus the stock has given a return of 300% in five years. In the last 10 years, the stock has traveled from Rs 225 to Rs 2,500, giving a return of 1,000 per cent.

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