Tata Group: Tata shares made a fortune, Rekha Jhunjhunwala earned Rs 400 crore in 15 minutes – rekha jhunjhunwala made 400 crore in 15 minutes from tata group stocks

According to the December quarter shareholding data, Rekha Jhunjhunwala holds 5.17 per cent stake i.e. 4,58,95,970 shares in Titan. Today in the first 15 minutes, the company’s share jumped by Rs 50.25. Rekha Jhunjhunwala’s net worth increased by Rs 230 crore due to this boom. Similarly, the share of Tata Motors jumped Rs 32.75 in the first 15 minutes. Rekha Jhunjhunwala holds 5,22,56,000 shares i.e. 1.57 per cent stake in the company. In this way Rekha Jhunjhunwala earned Rs 170 crore. In this way, Rekha Jhunjhunwala’s net worth increased by Rs 400 crore in 15 minutes in the shares of Tata Motors and Titan.

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why the boom

Titan’s standalone business grew 25 per cent in the fourth quarter of FY2023. Similarly, Tata Motors has also had a great performance in the fourth quarter. The company’s global wholesale data has been stellar. These also include the figures of Jaguar Land Rover. Tata Motors’ global wholesales grew by eight per cent to 3,61,361 units in the fourth quarter. Global wholesales of commercial vehicles and Tata Daewoo declined by three per cent to 1,18,321 units. During this period, sales of passenger vehicles increased by 10 percent to 1,35,654 units.