Rakesh Jhunjhunwala reduces stake in Titan during March quarter

Published On: Wednesday, April 15, 2020 | By: Team KnowMyStock

Ace investor Rakesh Jhunjhunwala reduced his stake in Titan during the March quarter of FY20 by 1.03cr shares quarter-on-quarter (QoQ). According to the BSE data, Rakesh Jhunjhunwala and Rekha Jhunjhunwala together held around 4.9cr shares or roughly 5.5% stake in the company against 5.93 crores, or 6.69 per cent, shares that they held at the end of December 2019 quarter. Rakesh Jhunjhunwala held 4.67 Cr or 5.27 per cent, shares of Titan in December quarter. But in March quarter, he pared his stake to 3.93 Cr or 4.43 per cent, shares. In December quarter, her stake in Titan was 1.26 Cr shares or 1.42 per cent, but in March quarter it came down to 0.97 Cr shares or 1.10 per cent of total Shares. Shares of Titan are down by nearly 19 per cent against a 26 per cent fall in benchmark Sensex for the calendar year 2020.

Tags: Titan

Closing Bell: Sensex gains 85 points, Nifty at 18755.90

Closing Bell:Sensex gains 418 points, Nifty at 18716.15

MARKET UPDATE: Sensex rose 135 points to 62761, and the NSE Nifty50 moved 40 points higher to 18,600

Closing Bell: Sensex down 223 points, Nifty at 18,563

MARKET UPDATE: Sensex surged over 100 points to trade around 62,962 levels, whereas Nifty50 climbed over 30 points to trade above 18,650 levels

MARKET UPDATE: Sensex gained over 50 points to trade around 63,228 levels, whereas Nifty50 traded marginally above 18,700 levels

MARKET UPDATE: Sensex surged over 150 points to trade around 62,988 levels, whereas Nifty50 gained over 50 points to trade above 18,650 levels

MARKET UPDATE: Sensex traded flat at 62,777 levels, whereas Nifty50 was flat above 18,600 levels

Closing Bell: Sensex up 240 points, Nifty at 18593.85

MARKET UPDATE: Sensex rallied over 300 points, whereas Nifty50 gained over 50 points to trade above 18,600 levels

Follow Us On: