Rekha Jhunjhunwala loses ₹800 crore within minutes as Titan shares fall

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Rekha Jhunjhunwala loses ₹800 crore within minutes as Titan shares fall

short by Pragya Swastik / 07:23 am on Monday, 6 May, 2024

Rekha Jhunjhunwala, wife of ace investor late Rakesh Jhunjhunwala, lost over ₹800 crore in notional value within minutes on Monday owing to her investments in Titan Company. Titan's stock fell over 5% after the firm reported weaker-than-expected Q4 results. Rekha holds a 5.35% stake in Titan as on March 31, 2024, worth ₹16,792 crore at Titan's closing price on Friday.