In this Tata stock, Rakesh Jhunjhunwala loses roughly $560 million in a single day.

According to the shareholding structure of the corporation, as of March 31, 2022, Rekha Jhunjhunwala owned 95,40,575 equity shares, or 1.07 percent, of Titan. 3,53,10,395 equity shares, or 3.98 percent of Titan, are now owned by Rakesh Jhunjhunwala.

The "Warren Buffett of India," Rakesh Jhunjhunwala, ad

ded additional losses to his portfolio on Friday, particularly from his most valuable stock. The Tata Group-backed Titan Company, a market leader in the gems and jewellery industry, is the big bull's largest position in terms of value. Titan shares were in the red, and Jhunjhunwala lost close to 560 crore due to the company's decline in value in a single day.

During the trading day, Titan shares fell more than 7%, reaching an intraday low of 1,911 rupees per share on the BSE.

The shares lost 124.80 rupees (6.06 percent) and ended the day at 1,935.35 each on the BSE. Titan's market value at the closing price was Rs. 1,71,817.69 crore.

On the same exchange the day before, Titan shares were trading for 2,060.15 each. Titan shares have decreased by 124.80 per share since Thursday's closing.

Rekha Jhunjhunwala owned 95,40,575 equity shares, or 1.07 percent, of Titan as of March 31, 2022, according to the company's shareholding structure. Rakesh Jhunjhunwala currently owns 3,53,10,395 equity shares, or 3.98 percent, of Titan.

The pair owns 5.05 percent, or 4,48,50,970 equity shares, in total.

Jhunjhunwala lost at least 559.74 crore (124.80 X 4,48,50,970 equity shares) as a result of Titan's sharp selloff in a single day.

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