Top 5 stocks in Radhakishan Damani’s Portfolio: Dmart, India Cements, Manglam Organics, VST Industries

Radhakishan Damani is the founder of DMart, a retail chain focused on the mass market sector. Radhakishan Damani manages his investment portfolio from his firm Brightstar Investments, and he is one of the most followed investors in the Indian stock markets.

Check the investment strategy of one of the Ace Investors of India

Everyone loves to hear about the multibagger returns generated by stocks and wishes they had also invested in them. There are many stories of stocks generating exponential returns over a while and turning their investors into millionaires and multi-millionaires. Today, our story line also talks about the holdings of one of the ace investors of India, 

Mr Radhakishan Damani. 

RK Damani is an Indian billionaire investor. His investments have helped him attain a celebrity status. Even Rakesh Jhunjhunwala, India's richest investor, refers to Mr. Radhakishan Damani as his guru. Radhakishan Damani is also the founder of DMart, a retail chain focused on the mass market sector. Radhakishan Damani manages his investment portfolio from his firm Brightstar Investments, and he is one of the most followed investors in the Indian stock markets. 

Today we will discuss the top 5 holdings of Radhakishan Damani’s Portfolio. 

So let us get into the detail of the Radhakishan Damani portfolio.

1. Avenue Supermarts:

One of India’s most popular supermarket chains is known as DMart. According to data as per BSE, Radhakishan Damani and his wife hold 34.3% and 3.28% shares of DMart. Avenue Supermarts accounts for the highest contributor to the net worth of RK Damani. He is also the founder of Avenue Supermarts.

DMart, multibagger scrip with an IPO price of Rs 299. And is currently trading at Rs 3720 and has touched an all-time high of Rs 5899, generating exponential returns over a short period.

2. India Cements:

Another famous name in his holdings accounts for around 11.34% stake in the company is India Cements. The Damani family also has a stake in it. They have recently increased their stake to 22.76%. The increase in their stake shows RK Damani’s conviction in this cement stunner.

If you are also the one who is still clueless about how much to invest in equity, you should check our blog now for details - Is It A Good Idea To Invest All Of My Money In Equities?

3. Manglam Organics:

This one is from the chemical manufacturing industry.

Damani holds a stake of around 2.17% in the company as per the latest shareholdings filed. The company has exposure in Europe, the United States, Africa, the Middle East, and Southeast Asian countries.

India is set to benefit from China plus one policy in the chemicals sector. The chemicals sector was dominated by China, but after the pandemic, the world is looking towards India to become a powerhouse in the chemicals sector.  

4. VST Industries

The investment strategy of Radhakishan Damani shows us how we should diversify our portfolio. One should also make diversified investments to stay prepared for the expected market volatility over the next year. So this 4th biggie has come up from the tobacco industry. The company has a business manufacturing cigarettes and unmanufactured tobacco.

The tycoon investor has a stake of 1.64% accounting for 2,51,484 lakh shares. He has been a long term investor in this company because of its remarkable results every quarter.

5. BF Utilities

The final stock to end this list is BF Utilities. A name in this list from the industry of generating electricity through windmills and infrastructure facilities. RK Damani is the owner of a 1.28% stake in the company. BF Utilities generates wind power to be used by Bharat Forge.

These were some shares that the big man had invested. This list is just an idea of how you should strategise your investments. Have you heard about this Multibagger stock ?

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