Rekha Jhunjhunwala Boosts Titan Stake in Q2
Ace investor Rekha Jhunjhunwala has made waves again by increasing her investment in Titan Company, a leading Tata stock, with the acquisition of an additional 15 lakh shares, or about 0.2%, in the second quarter of FY26. This significant purchase, as detailed in recent BSE filings, raises her total holding in the firm to 5.3%, according to Trendlyne.
Rekha Jhunjhunwala’s Longstanding Connection with Tata Stock
The Jhunjhunwala family’s association with Titan dates back to the early 2000s when they invested during a time when the company faced challenges and its shares traded in the double digits. What began as a modest investment has blossomed into a significant asset, now valued at over Rs 17,000 crore. Despite recent fluctuations, Titan remains the cornerstone of the Jhunjhunwala investment portfolio.
Recently, the company showcased exceptional growth, reporting an 18% increase in its domestic business and an impressive 86% surge in international revenue, driven by strong demand in markets like the U.S. and the GCC. Notably, Titan’s flagship brand, Tanishq, opened a new store in Virginia, further extending its footprint.
The jewellery segment continues to lead Titan’s success, with a 19% rise year-on-year and CaratLane achieving a notable 30% growth. The company has also expanded its retail presence significantly, adding numerous outlets across different categories.
As of now, Titan shares are valued at Rs 3,718, reflecting a remarkable 200% return over the past five years, solidifying its status as a leading multibagger in the Indian stock market. Rekha’s strategic investments emphasize her belief in Titan’s robust potential, highlighting its position as a pivotal player in India’s growing consumption story.
In conclusion, Rekha Jhunjhunwala’s decision to increase her stake in this multibagger Tata stock reinforces her confidence in Titan’s enduring growth trajectory and her family’s deep-rooted connection with the Tata Group.