Rekha Jhunjhunwala, the late renowned investor Rakesh Jhunjhunwala’s widow, was spotted in the June quarter slightly increasing her position in Tata Chemicals while decreasing it in multi-billion dollar Raghav Productivity Enhancers. Jhunjhunwala remained with Canara Bank, according to data obtained by the BSE.

Rekha had 5,234,687 shares of Tata Communications, or 1.84 percent of the company, according to data as of June 30. As of the March quarter, she owned 5,100,687 shares, or 1.79 percent, of the firm. Rekha owned holdings in a number of other Tata group companies as of the March quarter, including Titan Company, Tata Motors, and Rallis India. These firms’ shareholding structures are yet unknown. Rekha increased her investment in Tata Communications, even though the stock had increased by a robust 59 percent in the last year and 17% thus far in 2023. As of Friday’s close, Rekha possessed shares in Tata Communications valued Rs 814 crore.

Titan Company shares rose earlier on Monday as the jewellery manufacturer reported sales growth of 20% YoY, with double-digit growth across all core sectors. At the conclusion of the first quarter of FY24, it has 2,778 stores overall (including CaratLane) after adding 68 locations during the June quarter. According to data pulled from the business database AceEquity, Titan Company had shares worth a record Rs 15,080.57 at the time.

In the instance of Raghav Productivity Enhancers, the stock rose 2.37 percent to conclude the day at Rs 1,026.15. The stock has increased over double after hitting a 52-week low of Rs 511. Rekha possessed 5,87,126 shares, or 5.12% of the firm, according to data, compared to 6,00,000 shares, or 5.23 percent, as of June 30.

Meanwhile, Rekha Jhunjhunwala stayed put on Canara Bank as she held 37,597,600 or 2.07 per cent stake in the state-run bank as on June 30, the same as March 31.

Rekha Jhunjhunwala owned 29 shares worth Rs 33,768 crore.

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