{"id":6727,"date":"2022-02-03T13:22:14","date_gmt":"2022-02-03T07:52:14","guid":{"rendered":"https:\/\/www.tickertape.in\/blog\/?p=6727"},"modified":"2022-02-03T13:30:36","modified_gmt":"2022-02-03T08:00:36","slug":"post-budget-rally-jhunjhunwala-portfolio","status":"publish","type":"post","link":"https:\/\/www.tickertape.in\/blog\/post-budget-rally-jhunjhunwala-portfolio\/","title":{"rendered":"Post-Budget Rally – Rakesh Jhunjhunwala Makes Rs. 342 cr. on This Tata Stock"},"content":{"rendered":"\n

Within an hour following the announcement of a reduction in customs duty on cut and polished diamonds in Budget 2022, Titan Company’s share price began exhibiting rapid positive movement. Titan Company<\/a>, one of Rakesh Jhunjhunwala’s holding businesses, trades in gems and jewellery, and stock market<\/a> experts expect that the Budget 2022 proposal will increase the company’s revenue.<\/p>\n\n\n\n

Titan Company shares closed at Rs. 2,436.05 per share levels, Rs. 75.75 higher than its previous day close after touching an intraday low of Rs. 2,358.95 per share at about 1:15 PM on 1 February. <\/p>\n\n\n\n

Rakesh Jhunjhunwala<\/a> owns 3,57,10,395 Titan Company shares, and Rekha Jhunjhunwala, on the other hand, owns 95,40,575 shares of Titan Firm. As a result, the Jhunjhunwalas own 4,52,50,970 business shares, or 5.09% of the Tata Group’s flagship company. So Jhunjhunwalas made around Rs. 342 cr. (Rs. 75.75 x 45250970).<\/p>\n\n\n\n

This is how Rakesh Jhunjhunwala’s net worth<\/a> increased by ~Rs. 342 cr. as a result of the post-budget surge in Titan Company share price. Following the budget plan to reduce customs duties, stock market analysts are positive about this Rakesh Jhunjhunwala portfolio<\/a> stock.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Jhunjhunwalas control 5.09% of shares in Titan. Read to know how this stock rallied up after the Budget 2022 announcement.<\/p>\n","protected":false},"author":54,"featured_media":6644,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[10,1744],"tags":[1238,1061,765,1263,766],"acf":[],"modified_by":"Ayushi Mishra","jetpack_featured_media_url":"https:\/\/www.tickertape.in\/blog\/wp-content\/uploads\/2022\/01\/14-1.png?wsr","_links":{"self":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/6727"}],"collection":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/users\/54"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/comments?post=6727"}],"version-history":[{"count":2,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/6727\/revisions"}],"predecessor-version":[{"id":6729,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/posts\/6727\/revisions\/6729"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/media\/6644"}],"wp:attachment":[{"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/media?parent=6727"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/categories?post=6727"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tickertape.in\/blog\/wp-json\/wp\/v2\/tags?post=6727"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}