Rakesh Jhunjhunwala portfolio: Cash just isn’t in shopping for and promoting of shares however in wait. This Charlie Munger quote merely means that one ought to maintain a inventory so long as one can as a result of it helps an investor maximise one’s return on cash. Rakesh Jhunjhunwala and many of the ace Indian traders have been discovered suggesting the identical to inventory market traders. To understand how this long run funding helps your cash to develop, it’s essential to take a look at Titan Firm shares. This Tata group share has risen from round ₹3 to ₹2500 ranges in final 20 years.
Rakesh Jhunjhunwala shareholding in Titan Firm
As per the shareholding sample of Titan Firm for April to June 2022 quarter, Rakesh Jhunjhunwala and his spouse Rekha Jhunjhunwala collectively maintain 4,48,50,970 shares, which is 5.05 per cent of whole paid up capital of the corporate. Nevertheless, for many who observe Massive Bull’s portfolio for worth picks, the Indian billionaire with Midas contact had purchased 8 crore shares of Titan Firm throughout 2002-2003 at a median worth of ₹3 per share (based on equitymaster). So, in final 20 years, this Rakesh Jhunjhunwala inventory has surged from ₹3 to ₹2,500 apiece ranges, delivering 83,250 per cent return to its traders throughout these twenty years.
Titan Firm shares are one of many multibagger shares that Indian inventory market has produced in previous couple of years. This Tata group inventory haws risen from round ₹1,835 to ₹2,500 ranges in final one 12 months, delivering close to 35 per cent return to its shareholders. In final 5 years, this Rakesh Jhunjhunwala inventory has surged from ₹625 to ₹2,500 apiece ranges, logging close to 300 per cent rise on this interval. In final 10 years, Titan Firm share worth has ascended from round ₹225 to ₹2,500 per share ranges, logging round 1,000 per cent rise on this interval.
Equally, in final 20 years, this multibagger inventory has risen from ₹3 to ₹2,500 ranges, recording close to 83,250 per cent rise in final twenty years.
Obtain The Mint Information App to get Every day Market Updates.
Extra
Much less
Supply: Live Mint