Come along with stock market expert Mr. Radhakishan Damani as he delves into the fascinating realm of financial acumen. He has gained the respect of both seasoned investors and interested onlookers due to his unique strategy. The Radhakishan Damani Portfolio reveals an amazing array of distinctive selections and hidden gems, demonstrating his exceptional ability to see chances that others would miss.
Who is Radhakishan Damani?
Radhakishan Damani, the founder of Avenue Supermarts Limited and a renowned Indian investor, is well-known for his achievements in the business world. Born in Mumbai in 1955, Damani climbed above humble beginnings to pursue a career in the stock market following the death of his father. He became well-known in the 1990s after profiting from stock short sells and finally acquiring a substantial share in HDFC Bank. The subtleties of Radhakishan Damani Portfolio are examined in this blog post, with details on his age, net worth, personal life, and the investment strategies that have made him one of India’s richest persons.
List of Stocks in Radhakishan Damani Portfolio 2024
In 2024, Radhakishan Damani’s most recent portfolio is shown here:
Stock Name | Holding Percentage | Holding Value (in Cr) |
3M India Ltd | 1.50% | 461.2 |
Advani Hotels & Resorts (India) Ltd | 4.20% | 17.1 |
Aptech Ltd | 3.00% | 61.3 |
Astra Microwave Products Ltd | 1.00% | 31.9 |
BF Utilities Ltd | 1.00% | 14.4 |
Blue Dart Express Ltd | 1.30% | 206.9 |
Andhra Paper Ltd | 1.30% | 21.3 |
Sundaram Finance Ltd | 2.40% | 688.9 |
Trent Ltd | 1.50% | 932.1 |
VST Industries Ltd | 30.70% | 1,652.10 |
Mangalam Organics Ltd | 2.20% | 8 |
Sundaram Finance Holdings Ltd | 1.90% | 40.8 |
India Cements Ltd | 20.80% | 1,432.20 |
Avenue Supermarts Ltd | 67.50% | 174,404.80 |
Overview of Stocks in Radhakishan Damani Portfolio
Now let’s take a closer look at some of Radhakishan Damani Portfolio top-performing investments:
- Avenue Supermarts Ltd: D-Mart‘s parent company is a well-known Indian retail chain with a large market share and a diverse product line.
- VST Industries Ltd: One of the leading companies in the tobacco sector, known for its high-quality products, focuses on producing and selling cigarettes and related products.
- India Cements Ltd: a well-known cement manufacturer with a sizable market share in the construction industry, recognized for its production and distribution of cement and related products.
- Advani Hotels & Resorts India Ltd: a reputable hospitality company with hotels and resorts all over India that is dedicated to providing top-notch dining, lodging, and event services.
- Aptech Ltd: a global provider of education and training services, emphasizing computer education and IT, offering courses and programs in digital marketing, networking, and software development.
Radhakishan Damani Penny Stocks
As of March 31, 2023, Radhakishan Damani Portfolio had no penny stocks. Damani mostly invests in large-cap and mid-cap stocks due to their favorable risk-to-return ratio and potential for growth.
Radhakishan Damani Portfolio
Sector-Based Investments Over the years, Radhakishan Damani has accumulated a diverse portfolio across several sectors. Here is a breakdown of his stock holdings by industry:
- Retail
- Paints and coatings
- Cement
- Hotels
- IT training
Radhakishan Damani’s Net Worth
When I last updated my understanding in January 2022, Radhakishan Damani’s estimated net worth was above $20 billion. However, it’s important to keep in mind that estimations of net worth might alter over time due to several factors, such as market fluctuations, corporate developments, and investment decisions.
To find out the most exact and up-to-date information on Radhakishan Damani’s net worth in 2024, I suggest checking the most current financial documents referring to his businesses and interests, Forbes billionaire rankings, or reliable financial news sources. Since net worth estimations are subject to change, the most recent information will provide the most accurate picture of his current financial condition.
Investment Strategy of Radhakishan Damani
The investment strategy of Radhakishan Damani is based on timeless ideas that have shaped his success:
- Value-Oriented Approach: Damani uses a value-investing strategy, prioritizing long-term profit growth above erratic short-term market swings. He looks for businesses with a competitive edge and a track record of success.
- Fundamental Bottom-Up Research: To find companies with strong structural positioning, enduring competitive advantages, and long-term growth potential, his method entails painstaking fundamental bottom-up research.
- Diversification Across Sectors: To minimize risk and take advantage of opportunities, Damani actively diversifies his portfolio across several industries.
- Risk Management: To avoid highly leveraged or speculative investments and to maintain cash reserves for unanticipated market fluctuations, Damani employs risk management techniques.
Conclusion
The breadth of Radhakishan Damani’s knowledge in the financial sector and his outstanding track record are clear from his portfolio. By following the basic principles of investing and making astute decisions, Radhakishan Damani Portfolio has produced substantial returns. The knowledge that investors obtain from his approach may be used in their investment strategies.
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