Rakesh Jhunjhunwala’s Daily Income Will Surprise You
News has emerged that Titan Company and Tata Motors have seen a massive shift in the trading session on Thursday. They have amassed crores and it's good news not only for the company but for its investors as well. Rakesh Jhunjhunwala, an investor who has stocks in both companies has reached a milestone in terms of revenue. He has earned a daily income of rupees 1125 crores after the stocks of Tata Motors and Titan reached profits never seen before. According to reports, along with Rakesh, his wife, Rekha Jhunjhunwala also has a major chunk of shares in the Titan Company, she has about 96,40,575 shares, while her husband is known to have 3,30,10,395 shares in the same company.
All these significant developments in the stock market have been made in the first quarter of the year, Rakesh Jhunjhunwala also holds a staggering 3,77,50,000 shares in the Tata Motors company. After a conscious calculator of the stocks and shares held by Rakesh in both the companies, it has been reported that he managed to earn 965 crores from Titan and some 160 crores from the shares held in the automobile company, Tata. At the end of the day, we believe, Jhunjhunwala is a very smart investor and an even brilliant chartered accountant.