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Rekha Rakesh Jhunjhunwala earns ₹224 crore dividend in March quarter: A look at her portfolio and top earners

Rekha Jhunjhunwala's portfolio is estimated to be worth 37,831 crore from which she earned a dividend income of 224 crore.

Updated on: May 31, 2024, 14:27:49 IST
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Rekha Jhunjhunwala, wife of late ace investor Rakesh Jhunjhunwala, reportedly earned a dividend income of 224 crore for the quarter ended March 2024 from her portfolio. Rekha Jhunjhunwala's portfolio is estimated to be worth 37,831 crore from which, as per the March quarter shareholding pattern, she earned a dividend income of 224 crore.

Rekha Rakesh Jhunjhunwala likely earned a dividend income of  ₹224 crore for the quarter ended March 2024.
Rekha Rakesh Jhunjhunwala likely earned a dividend income of ₹224 crore for the quarter ended March 2024.

Read more: Rekha Jhunjhunwala buys Mumbai apartment for 11.76 crore

This earning included 52.23 crore from Titan Company, 42.37 crore from Canara Bank, 27.50 crore from Valor Estate, 17.24 crore from NCC and 12.84 crore from Tata Motors, among others, Economic Times reported.

Rekha Jhunjhunwala also holds a stake in CRISIL, Escorts Kubota, Fortis Healthcare, Geojit Financial Services and The Federal Bank among others which fetched nearly 72.49 crore dividend income for the quarter, the report claimed citing Ace Equity data.

Read more: Rekha Jhunjhunwala's net worth falls over 2,300 crore in one month because of this stock

A look at Rekha Jhunjhunwala's portfolio and returns in March quarter

Top three Rekha Jhunjhunwala are Titan, Tata Motors and Metro Brands. In Titan Company, she holds a 5.4% stake worth 16,215 crore and in Tata Motors she holds a 1.3% stake worth 4,042 crore while her stake in Metro Brands amounts 3,059 crore, the report claimed citing Trendlyne data.

In total, Rekha Jhunjhunwala holds more than 1 per cent stake in 26 companies listed on the exchanges which declared dividend for its shareholders for FY24.

Read more: This Rekha Jhunjhunwala stock is up 4%. Should you buy? What brokerages say?

Moreover, in the March quarter of the financial year 2024, Rekha Jhunjhunwala increased her shareholding in Valor Estate by 1.66% and Agro Tech Foods by 0.38%, the report claimed. She has reduced her holding in Geojit Financial Services, Canara Bank, NCC, Fortis Healthcare, Nazara Technologies and Federal Bank, it added.

  • Mallika Soni
    ABOUT THE AUTHOR
    Mallika Soni

    When not reading, this ex-literature student can be found searching for an answer to the question, "What is the purpose of journalism in society?"

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