Indian investor Jhunjhunwala trims shareholding in Tatas-owned Titan

Rakesh Jhunjhunwala, Partner, Rare Enterprises, speaks during an interview with Reuters in Mumbai, India November 14, 2017. REUTERS/Shailesh Andrade

Billionaire investor Rakesh Jhunjhunwala has pared stake in Titan Co Ltd, one of his favourite stocks, according the shareholding details submitted by the company to the BSE. Jhunjhunwala held 5.72% stake in the Tata group company as of March 31, down from 5.78% as of end of December. His wife Rekha Jhunjhunwala’s stake has risen marginally to 1.32% during the same period.

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