Rekha Jhunjhunwala's Titan Stake Soars Past Rs 20,000 Cr on Stock High
Business
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News18•07-01-2026, 13:12
Rekha Jhunjhunwala's Titan Stake Soars Past Rs 20,000 Cr on Stock High
- •Rekha Jhunjhunwala's Titan stake value surged to Rs 20,000 crore after the stock hit a new record high.
- •Titan shares climbed over 4% to Rs 4,300, driven by a strong Q3 business update.
- •Company reported nearly 40% YoY growth across consumer businesses, fueled by robust festive demand.
- •Jewellery segment grew 41% YoY; watches 13%; eyewear 16%; fragrances 22%; bags 111%.
- •Nomura reiterated 'Buy' rating, projecting Titan to reach 10% market share by FY28F.
Why It Matters: Rekha Jhunjhunwala's Titan investment crosses Rs 20,000 Cr as strong Q3 results boost stock.
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