 "Markets may correct in the short term. But in a bull market the correction is always sharp, swift and short-lived: Rakesh Jhunjunwala")
A 10 per cent rise in the stock of Titan Company during January – March 2018 (Q4FY18) helped Rakesh Jhunjhunwala outperform the market in March quarter, as his net worth declined less than 1 per cent compared to three per cent fall recorded by the S&P BSE Sensex.
As on March 28, 2018, the combined net worth of Rakesh Jhunjhunwala and his family stood at Rs 130.21 billion, down 0.8 per cent or Rs 1.09 billion, as compared to Rs 131.30 billion at the end of December 31, 2017.
The figures are based on the family's holdings in companies where
