Stock Market Boom: How Rekha Jhunjhunwala Made Rs 67 Crore In Minutes
Rekha Jhunjhunwala, the wife of late famed investor Rakesh Jhunjhunwala, experienced a significant surge in her investment portfolio on Monday, October 20, 2025, realizing a profit of ₹67 crore in a matter of minutes. This windfall was triggered by a record high attained by Federal Bank's stock, in which she held a substantial stake.
At the end of September 2025's quarter, Jhunjhunwala held 5.90 crore shares, representing a 2.42% stake in the private lender. As the market opened on Monday, Federal Bank's shares soared, climbing to ₹223 from a previous closing rate of ₹212.40, a jump of roughly 5.34%. This upswing in the stock price significantly augmented the value of her investment.
The surge in Federal Bank's stock followed the lender's release of its Q2 earnings report, which surpassed analysts' forecasts and boosted investor confidence. The positive earnings data spurred a flurry of buying activity as the market opened. On the Bombay Stock Exchange (BSE), approximately 5.22 lakh shares were traded, with a total value of ₹11.51 crores.
Market analysts have noted the technical strength of Federal Bank's stock. The Relative Strength Index (RSI) for the stock is 68.2, indicating that it is neither overbought nor oversold. Furthermore, the share price is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend.
Several brokerages have maintained a positive outlook on Federal Bank. Motilal Oswal has retained a 'Buy' recommendation for the stock, setting a target price of ₹250. The brokerage's optimism is based on the bank's strong Q2 performance and improved Net Interest Margin (NIM). They forecast a Return on Assets (ROA) of 1.19% and a Return on Equity (ROE) of 12.8% for FY27. Nuvama Brokerage has echoed similar sentiments, anticipating accelerated loan growth in the second half of FY26.
Rekha Jhunjhunwala's portfolio has demonstrated significant gains in FY26, with several stocks outperforming market trends. Microcap Singer India, known for its sewing machines and home appliances, has surged 43%. Fortis Healthcare and Baazar Style Retail have also delivered strong returns. Financial stocks like CRISIL and Canara Bank have made substantial contributions, while Titan Company remains a key holding in her portfolio. Earlier in October 2025, Jhunjhunwala saw her notional wealth in Titan Company increase by approximately ₹739 crore within minutes following the company's strong Q2 update.