Business Standard

Rakesh Jhunjhunwala's portfolio outperforms; net worth over Rs 10,000 crore

His stake in Tata Group-owned watch and jewellery maker - Titan Company - and tractor-maker Escorts remained unchanged.

Markets may correct in the short term. But in a bull market the correction is always sharp, swift and short-lived: Rakesh Jhunjunwala

Rakesh Jhunjhunwala and wife Rekha Jhunjhunwala held more than 1 per cent stake in 29 listed companies at the end of March 2020 quarter.

Deepak KorgaonkarPuneet Wadhwa Mumbai / New Delhi
At a time when the country was under lockdown, grappling with the impact of the Covid-19 pandemic on the economy, businesses, and financial markets, the fortunes of Rakesh Jhunjhunwala continued to soar. Thus far in the current financial year 2020-21 (FY21), the net worth of Rakesh Jhunjhunwala and family has increased Rs 2,514 crore with the value of their investments once again surging past the Rs 10,000 crore mark. Based on Monday’s closing, Jhunjhunwala family’s total investments in listed companies stood at Rs 10,797 crore, up 30 per cent from the Rs 8,284 crore at March-end.

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First Published: Jul 21 2020 | 11:47 AM IST

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