Big Bull Rakesh Jhunjhunwala's favourite stock Titan Company played a major role in making him a crorepati. Jhunjhunwala first bought shares of Titan in 2002-2003 at a price of Rs 30-32. Since then, he had been buying and selling Titan shares. Jhunjhunwala, who is also called India's Warren Buffett owned Titan stocks worth Rs 11,086.9 crore with a stake of 5.10 per cent or 4,48,50,970 shares in the last quarter.
Titan Company share hit record high today as non-essential shops have been allowed to operate in some states in line with easing of coronavirus restrictions across India. Sentiments were also positive around the stock after reports said the company was m