It is a bloodbath out there. The Indian stock market is getting hammered, with billions already wiped out. Market experts are calling it the biggest correction the market has seen in decades. No wonder investors across the board are panicking. Its natural, because even the most favourite stocks of many have taken huge hits.
But there are always some investors not really bothered of these situations. They do not play by the book that most other investors treat like the bible. We call them the ‘Warren Buffetts of India.’ One such women Warren Buffett of India is a name that needs no introduction, Rekha Jhunjhunwala. She carries forward the legacy of her husband Rakesh Jhunjhunwala.
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One of her favourite stocks that she and husband Rakesh Jhunjhunwala have been holding for years is trading near 52-week lows. It would not be such a bad idea to find out all about this company.
Titan Company Ltd (TITAN)
Titan Company is a well-known name in India, when it comes to watches, jewellery, and eyewear. The company has a long history in India, starting back in 1984 as a partnership between the TATA Group and Tamil Nadu Industrial Development Corporation (TIDCO).
With a current market cap of Rs 2,68,384 cr, the Titan has brands like SKINN, Fastrak, Titan Eye+, Tanishq, Sonata, CaratLane etc under its belt.
As per the company’s latest investor presentation released in February 2025, the company in 2024 crossed Rs 50,000 cr GUCP (Gross Uniform Cost Price), which indicates that the company has achieved significant scale in terms of the volume of products it has sold, reflecting strong business growth and market demand.
It also crossed a 3,000 exclusive brand outlet milestone.
Rakesh Jhunjhunwala first started acquiring Titan shares way back in 2002-2003, when they were trading at just around Rs 4 (adjusted share price).
Since then, the Jhunjhunwalas have held stake in Titan, even though the holding percentages went up and down. That is a level of conviction that demands attention, given it comes from a name like Jhunjhunwala.
Currently his wife Rekha Jhunjhunwala continues to hold a stake in the company steadily. As of the quarter ending December 2024,
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