Indian investor Rakesh Jhunjhunwala earns ₹861 crore in one day
By Lokmat English Desk | Published: March 18, 2022 02:56 PM2022-03-18T14:56:54+5:302022-03-18T14:56:54+5:30
Next 
Indian investor Rakesh Jhunjhunwala's net worth grew around ₹861 crore after decent rise in his two portfolio stocks Titan Company and Star Health Insurance.
Titan share price yesterday appreciated from ₹2587.30 to ₹2706 apiece levels, logging ₹118.70 per share rise on Thursday session.
Similarly, Star Health share price surged from ₹608.80 to ₹641 apiece levels, ascending ₹32.20 per share on Thursday session.
According to Titan Company's shareholding pattern for October to December 2021 period, Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala have invested in the company
Rakesh Jhunjhunwala owns 3,57,10,395 Titan Company shares, which is 4.02 per cent of total issued paid-up capital of the company. Similarly, Rekha Jhunjhunwala holds 95,40,575 Titan shares or 1.07 per cent stake in the company. So, Jhunjhunwala couple together own 4,52,50,970 company shares or 5.09 per cent stake in this Tata Group flagship company.
Similarly, Rakesh Jhunjhunwala holds 10,07,53,935 Star Health shares that surged ₹32.20 per share on Thursday.
Hence, net rise in Rakesh Jhunjhunwala's net worth due to rise in Star Health share price is around ₹324 crore ( ₹32.20 x 10,07,53,935).
Therefore, total rise in Rakesh Jhunjhunwala's net worth due to rise in Titan share price and Star Health share price is around ₹861 crore ( ₹537 crore + ₹324 crore).
He has an estimated net worth of $5.8 billion (as of December 2021) making him the 48th richest man in India.
