It has been viewed as a significant financial event in recent times. Rekha Jhunjhunwala, the wife of the late Rakesh Jhunjhunwala, experienced
It has been viewed as a significant financial event in recent times. Rekha Jhunjhunwala, the wife of the late Rakesh Jhunjhunwala, experienced a loss of over Rs 800 crore in a single day. This loss occurred after shares of Titan Company, part of the Tata Group, fell nearly 5% on Monday. The decline in Titan’s share price came after the company’s March quarter earnings did not meet investor expectations. Despite this setback, Rekha Jhunjhunwala remains one of the wealthiest individuals in India. Rekha has invested in several companies, including watch and jewellery maker Titan. Jhunjhunwala’s notional investment value is now at Rs 15,986 crore, down by Rs 805 crore. However, Rekha is the second richest woman in India, as per the Forbes Billionaire List 2024. According to Forbes, she has a real-time net worth of Rs 67,640 crore as of May 6. She inherited a valuable stock portfolio from her late husband. Rekha holds a Bachelor of Commerce degree from Mumbai University.
COMMENTS