Rakesh Jhunjhunwala Increases Involvement in Tata Group Stock
According to the data given on BSE, the shareholding of Rekha Jhunjhunwala has increased from 1.04 percent to 1.08 percent according to the July-September shareholding pattern of Tata Communications.
Stock market veteran and Big Bull Rakesh Jhunjhunwala is continuously increasing his stake in many companies. Let us tell you that Rakesh Jhunjhunwala has achieved bumper returns in Tata Motors and Titan Company in the quarter of July to September 2021. Apart from this, Rakesh Jhunjhunwala is also adopting a bullish stance in other Tata group companies. Rakesh Jhunjhunwala has invested in Tata Communications in the name of wife Rekha Jhunjhunwala. According to the data given on BSE, the shareholding of Rekha Jhunjhunwala has increased from 1.04 percent to 1.08 percent according to the July-September shareholding pattern of Tata Communications.
According to the data, Rekha Jhunjhunwala’s holding in Tata Communications has increased to 30,75,687 equity shares in the July-September quarter. In the quarter of June 2021, Rekha Jhunjhunwali had 29,50,687 shares of Tata Communications. Looking at the figures, Jhunjhunwala has bought 1.25 lakh shares in Tata Communications in the July-September 2021 quarter.
Let us tell you that for the last one week, profit-booking is being recorded in the stock of Tata Communications. On the other hand, if we talk about a month, then business is being recorded in a circle in the company’s stock. The stock of Tata Communications has given strong returns of 30 percent in 6 months and about 65 percent in 1 year to investors.
