Rakesh Jhunjhunwala’s biggest bet: This stock has grown from 3 to 2,500 in 20 years

Rakesh Jhunjhunwala owns shares in Titan Company

According to Titan Company’s stock ownership model for the April-June 2022 quarter, Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala together hold 4,48,50,970 shares, accounting for 5.05% of the total contributed capital of the company. However, for those who follow Big Bull’s portfolio to pick value, the Indian billionaire with Midas touch purchased 8 crore shares of Titan Company stock between 2002-2003 at an average price of 3 per share (by owner equity). So over the past 20 years, this Rakesh Jhunjhunwala stock has skyrocketed from 3 to 2,500 levels each, yielding 83,250% returns for its investors over the course of two decades.

Titan Company stock is one of the most pocket-sized stocks the Indian stock market has produced over the past few years. The stock of this Tata corporation has been rising from around 1,835 to 2,500 levels in the past year, yielding almost 35% of the return to shareholders. In the past five years, the stock of this Rakesh Jhunjhunwala has increased from 625 to 2,500 levels each, mining increased by almost 300% during this period. Over the past 10 years, Titan Company’s stock price has increased from about 225 to At 2,500 per share, an increase of about 1,000% over the period.

Similarly, over the past 20 years, this multibagger stock has grown from 3 to 2,500 levels, recording an increase of nearly 83,250% over the past two decades.

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