BUSINESS
Indian investor Rekha Jhunjhunwala's net worth increased by Rs 400 crore in 15 minutes from these two stocks.
Monday mornings are often a daunting start to the week, but for Rekha Jhunjhunwala, it was a lucrative one. The Indian investor saw her net worth increase by approximately Rs 400 crore in just 15 minutes of the stock market's opening bell on Monday. This was due to the positive performance of two stocks in her portfolio, Tata Motors and Titan Company, which garnered the attention of stock market bulls.
Titan Company and Tata Motors experienced a strong buying interest, with Tata Motors being the biggest gainer among the BSE Sensex and NSE Nifty stocks. The share price of Tata Motors opened with an upside gap, reaching a high of Rs 470.40 per share, while Titan's share price hit Rs 2,598.70 per share within the first 15 minutes of trading.
Rekha Jhunjhunwala's success extends beyond Monday's stock market surge. She was recently listed as the top Indian entrant in the 2023 M3M Hurun Global Rich List and claimed the third spot on Forbes' richest women list for 2022. These achievements are a testament to her skills as an investor and her ability to manage her late husband Rakesh Jhunjhunwala's wealth and stock portfolio after his passing in August 2022 at the age of 62.
In terms of her recent gains, Rekha Jhunjhunwala held 4,58,95,970 shares of Titan Company and 5,22,56,000 shares of Tata Motors during the October-December quarter of FY23. With Titan's share price increasing by Rs 50.25 per share and Tata Motors' share price increasing by Rs 32.75 per share within the first 15 minutes of trading, Rekha Jhunjhunwala earned a profit of approximately Rs 230 crore from Titan's shares and Rs 170 crore from Tata Motors' shares.
Disclaimer: The stock prices of Tata Motors and Titan mentioned in this article are as of a specific time and may have fluctuated since then.
Read more: EPFO: Easy withdrawal of PF funds with UMANG app, step-by-step guide
Viral video: Little girl's adorable dance to 'Ghani Bawri' wins hearts online, watch
Meet woman, sub-inspector's daughter who cracked UPSC exam in first attempt, Tina Dabi is her...
IND vs SA: Sanju Samson equals Rohit Sharma's massive feat, becomes Indian batter with most...
IND vs SA: Sanju Samson's century guides India to 61-run win over South Africa, lead series 1-0
DNA TV Show: Loudspeaker controversy erupts ahead of Maharashtra Polls
Another masterstroke by Mukesh Ambani, set to challenge Haldiram, Britannia
IND vs SA, 1st T20I: Sanju Samson creates history in Durban, becomes first Indian player to....
Anushka Sharma, Virat Kohli make heads turn in Mumbai, watch
J-K: Police recover bodies of two village defence guards killed in Kishtwar terror attack
Bengaluru-Chennai expressway to slash travel time to 3 hours: 71-km stretch to open on...
Amid Champions Trophy row, India to face arch-rivals Pakistan on THIS date
BIG move by Gautam Adani, as Adani Power cuts Bangladesh supply by over 60% due to...
PM Modi attacks Congress in Nashik rally, says party wants to create rift among OBCs
Health Insurance Claim Process: A Step-by-Step guide
Ali Haider emerges as a young, driven digital disruptor with ConnectPR
ACIBADEM LabMed Laboratories ensures high standards in medical testing
THIS is world's highest-valued currency, not dollar, pound, euro
'Forgive me if...’: Justice DY Chandrachud's final message as Chief Justice of India
Watch: KL Rahul's brain fade leads to bizarre dismissal in India A vs Australia A match
Meme fest erupts after Biden delivers speech with smiling face, netizens say, 'He voted for Trump'
Viral video: Netizens react in shock as woman washes hair with toxic foam from Yamuna river, watch
How Trump’s ‘America First’ policy opens doors for India’s regional power
42-year-old retired player breaks silence on registering for IPL, says, 'I have never...'
'Main pairon mein gir gaya': Virat Kohli recalls memorable encounter with Sachin Tendulkar - Watch
Is kala namak really a detox? Shalini Passi swears by this simple health hack
BIG blow to Mukesh Ambani, as Reliance Industries loses over Rs 4 lakh crore in...
West Indies fast bowler Alzarri Joseph suspended for two ODIs; here's why
Himachal CM Sukhu's samosas, cakes served to security staff; CID probe on
'Conspiracy against Kashmir': PM Modi slams NC-Cong's Article 370 resolution
Meet Tamanna Bharat, who is all set to represent India at Miss Asia Global 2024 in Kerala
Bengaluru coconut vendor's viral ad challenges Zepto, Blinkit prices, netizen says 'let him cook'
Vvan: Sidharth Malhotra drops motion poster of folk mythological thriller, Kiara Advani reacts
Virat Kohli gets embarrassed as crowd sings 'Happy Birthday to you' in live event, WATCH viral video
Gym and fitness is all about overall health, not just good looks: BigMuscles Nutrition’s Suhel Vats
Station master's phone call with ex-wife led to Rs 3 crore loss to railways, know how
Uproar in J-K Assembly as BJP members protest over special status resolution
Aligarh Muslim University entitled to minority status under Article 30: SC
Collaborative global response a must to combat climate change effectively: Dr Sanju Purohit
Viral: Man rants about his GenZ colleague's leave to heal from breakup, gets trolled
Splitsvilla, Crime Petrol-fame actor Nitin Chauhaan passes away at 35 allegedly by suicide
Worrying signs for Mukesh Ambani's Rs 840960 crore company? Elon Musk will push Donald Trump to...
Have Virat Kohli, Anushka Sharma moved back to Mumbai? Here's what we know
Mukesh Ambani, Nita Ambani are fond of these five dishes which cost Rs...
Meet Indian-origin Kashyap 'Kash' Patel, who could be Donald Trump's likely pick for CIA Chief
Donald Trump's second term worries Elon Musk's transgender daughter, says....
Meet IAS officer, who was a disabled bangle seller, cracked UPSC exam, is now serving in...
Meet IAS officer, who is nemesis of criminals, cracked UPSC exam with AIR 36, she is...
SC to pronounce verdict on Aligarh Muslim University's minority status today
Happy Chhath Puja 2024: Top 50 wishes, What'sApp messages, quotes to share with your loved ones
Viral video: Woman's sensual dance to 'namak' sets internet on fire, watch
SA vs IND, 1st T20I: Predicted playing XIs, live streaming details, weather and pitch report
SA vs IND, 1st T20I Dream11 prediction: Fantasy cricket tips for South Africa vs India match
Meet man who is set to lead Truecaller, not from IIT, IIM, earlier served Vice President of...
DNA TV Show: Why Pakistan worried about a Donald Trump presidency