The Titan Company percentage rate hit its all-time high amid surge in purchaser durables shares in change today. Titan Company percentage, a part of ace investor Rakesh Jhunjhunwala’s portfolio, hit a clean all time high of one,287.55 level, rising 21 points or 1.67% compared to its previous near of one,266.Forty on BSE. At 10:26 am, the inventory changed into buying and selling 1.Fifty two% or 19 factors higher at 1285.70 degree on BSE.
Rakesh Jhunjhunwala held 5.07 cr shares or 5.72% stake inside the firm for the region ended March 2019. The ace investor pared his stake from five.Seventy eight% at the stop of December zone to 5.Seventy two% in the closing quarter.
This stock changed into valued just Rs 4 in 2009, now it is really worth over Rs 650!
His wife Rekha Jhunjhunwala held 1.32% stake or 1.16 crore stocks within the firm.
Titan Company inventory has received 43.45% over the past 365 days and won 38.18% considering the fact that the beginning of this 12 months. The stock has received 1963% during the last 10 years. Titan Company percentage fee was buying and selling above its 50-day and 200 day transferring average of one,182 and 1,051 tiers, respectively.
26 of 30 brokerages rate the inventory “buy” or ‘outperform’, three “maintain” and one “underperform”, in line with analysts’ suggestions tracked through Reuters.
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