You are here: Home » Markets » News
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.

Rakesh Jhunjhunwala | Markets Sensex Nifty | Titan Company

Deepak Korgaonkar & Puneet Wadhwa  |  Mumbai / New Delhi 

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.

At a time when the country was under lockdown, grappling with the impact of the pandemic on the economy, businesses, and financial markets, the fortunes of continued to soar. Thus far in the current financial year 2020-21 (FY21), the net worth of 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.



What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.


Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Tue, July 21 2020. 11:47 IST