Rekha Jhunjhunwala has an estimated web value of Rs 47,650 crore. (File)
Titan’s shares have grown 65 p.c over the previous two months due to which its shareholders have earned wholesome returns. One of India’s richest girls is among the many greatest gainers from the inventory market. She is likely one of the latest billionaires of the nation after her husband — a legendary inventory market investor — handed away final 12 months. This girl has earned a whopping Rs 2400 crore over the past two months. This interprets into Rs 40 crore per day. Who is she?
You guessed it proper. It is none aside from Rekha Jhunjhunwala, spouse of late Rakesh Jhunjhunwala who’s carrying her husband’s legacy ahead with stellar efficiency on the inventory market.
Rekha Jhunjunwala has an enormous publicity in Titan’s shares. With the rising value of the Tata Group firm’s shares, her stake within the firm has elevated its worth by Rs 2400 crore. Rekha Jhunjhunwala has 4,69,45,970 shares, which is round 5.29 p.c.
Over the final two month, Titan’s shares have develop into costlier by Rs 512.
After Rakesh Jhunjhunwala’s demise in August 2022, his shares had been transferred to Rekha Jhunjhunwala.
Rekha Jhunjhunwala was born in 1963. She is a graduate from Mumbai University. She and Rakesh married in 1987. Her husband was generally known as the Warren Buffett of India.
Titan is probably the most helpful holding of their portfolio. The firm betted on Star Health and Allied Insurance and Metro Brands which paid off large time when the businesses had been listed in 2021.
Rekha Jhunjhunwala has an estimated web value of Rs 47,650 crore.
