Rekha Rakesh Jhunjhunwala earns Rs 224 crore dividend from Rs 38,000 crore portfolio in March quarter
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Rekha Jhunjhunwala, wife of late ace investor, Rakesh Jhunjhunwala likely earned a dividend income of Rs 224 crore for the quarter ended March 2024 from her portfolio estimated to be worth Rs 37,831 crore. Going by March quarter shareholding pattern, Jhunjhunwala earned a dividend income of Rs 52.23 crore from Titan Company, Rs 42.37 crore from Canara Bank, Rs 27.50 crore from Valor Estate, Rs 17.24 crore from NCC and Rs 12.84 crore from Tata Motors among others. Other companies where Jhunjhunwala holds a stake are CRISIL, Escorts Kubota, Fortis Healthcare, Geojit Financial Services, The Federal Bank among others which have fetched nearly Rs 72.49 crore worth of dividend income for the fourth quarter of FY24, according to Ace Equity data. The dividend income has been calculated as per the shareholding pattern available with the exchanges as of March 2024. Also read: Suzlon Energy shares give multibagger returns of 340% in 1 year. Time to ...