Rekha Jhunjhunwala Biography: Many Indian veteran businessmen are spreading business all over the world and working towards improving the economic condition of the country. Although women are also included in these industrialists. The name of India’s veteran businessman Rakesh Jhunjhunwala has been very famous. He was an investor and stock trader. Rakesh Jhunjhunwala was also known as Big Bull of Indian Stock Market and Warren Buffett of India. But his wife Rekha Jhunjhunwala is also no less. Rekha Jhunjhunwala has a huge achievement to her name. Recently he has earned Rs 1000 crores in just two weeks. Let’s know who is Rekha Jhunjhunwala, her life introduction and achievements.
Who is Rekha Jhunjhunwala?
Rekha Jhunjhunwala is the wife of late businessman Rakesh Jhunjhunwala, known as the Big Bull of the stock market of India. Rakesh Jhunjhunwala has passed away last year. Rakesh Jhunjhunwala was the owner of a company named ‘Rare Enterprises’. He had shares of Titan, a Tata Group company. At the same time, his wife Rekha also has shares of Titan Company. Rakesh held 3.85 per cent shares of Titan Company and Rekha held 1.69 per cent shares. Together the shares of both are more than 5 percent.
Achievement of Rekha Jhunjhunwala
Recently, Rekha Jhunjhunwala has earned 1000 crores by betting on the shares of Titan Company. It took him only 15 days to earn such a huge amount. In fact, on February 2, the share price of Titan Company was Rs 2310, which increased to Rs 2534. In just two weeks the share price increased by Rs 225.
Rekha Jhunjhunwala had a total of 5.17 percent shares, that is, a total of 4 crore 58 lakh 95 thousand 970 shares. After an increase of Rs 225 per share, his share price increased to Rs 1000 crore.
Rs 900 crore profit made
Note that Rakesh Jhunjhunwala’s investment company Rare Enterprises is in the name of him and his wife. Rakesh invested in the stock market in 1985 with five thousand rupees and in 37 years made a property of 5.8 billion dollars i.e. 46 thousand crores. His biggest profit came from the stock Titan of Tata Company. In the year 2017 also, due to the rapid growth in Titan, he had a profit of Rs 900 crores in one day.