This stock helped Rakesh Jhunjhunwala beat markets in the March quarter

A 10 per cent rise in the stock of Titan Company during January – March 2018 (Q4FY18) helped Rakesh Jhunjhunwala outperform the market in March quarter, as his net worth declined less than 1 per cent compared to three per cent fall recorded by the S&P BSE Sensex.

As on March 28, 2018, the combined net worth of Rakesh Jhunjhunwala and his family stood at Rs 130.21 billion, down 0.8 per cent or Rs 1.09 billion, as compared to Rs 131.30 billion at the end of December 31, 2017.

The figures are based on the family's holdings in companies where their total stake is more than one per cent (as publicly declared to exchanges), according to figures at the end of the October –December quarter source from CapitalinePlus database.

Among individual stocks, Titan Company made Rakesh Jhunjhunwala and his family richer Rs 6.39 billion during the last quarter. The ace investor holds 8.02 per cent stake in the company, translating to total value of Rs 70.61 billion, as against Rs 64.22 billion at beginning of the year.