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Titan shares fall as Jhunjhunwalas cut stake to lowest level since 2003
short by Kiran Khatri / on Thursday, 15 July, 2021
Shares of Tata Group's Titan Company fell on Thursday after billionaire investor Rakesh Jhunjhunwala cut his stake in the company during the April-June quarter. As per the previous closing price, Jhunjhunwala sold Titan shares worth ₹384 crore in the quarter. Jhunjhunwala and his wife Rekha now own 4.8% stake in Titan, their lowest holding since the June quarter of 2003.