Brokerages bullish on THIS Rakesh Jhunjhunwala Portfolio stock, expect 30% rise; have you invested?
Zee News
Brokerage firms are bullish on Rakesh Jhunjhunwala Portfolio stock - Titan Company.
New Delhi: Rakesh Jhunjhunwala Portfolio stocks are closely followed by stock market participants, as investments made by the ace investor had made impressive gains in the past few years.
One such stock that has remained in Rakesh Jhunjhunwala Portfolio is Titan Company Ltd. According to most global brokerage firms, the stock’s price could soon increase in the coming weeks after the company posted impressive returns in the quarter ending December 2021.
According to Titan Company’s shareholding pattern for the December quarter, Rakesh Jhunjhunwala owned more than a 5 per cent stake in the Tata Group firm. Jhunjhunwala owned 3,57,10,395 shares or a 4.02 per cent stake in the quarter ended December 2021. On the other hand, his wife, Rekha Jhunjhunwala, held 95,40,575 shares or a 1.07 per cent stake in the firm.