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Radhakishan Damani s stake in Avenue Supermarts increased by ₹2,695 crore as the DMart shares rose sharply. His net worth stands at ₹211,122.1 crore. ....
Shares of VST Industries shot up over 6% and hit their 52-week high of Rs 4,324.70 on the NSE on Wednesday following an additional 1.44% stake purchase by Radhakishan Damani on Tuesday. The billionaire investor and founder of Avenue Supermarts is already the largest shareholder in the company. ....
Reclusive investor Radhakishan Damani s multi-crore portfolio saw only one stock that gave multibagger returns in the calendar year 2023. Shares of Tata Group retailer Trent, in which Damani owns 1.5% stake, has been the top performing stock in his portfolio with a handsome return of 123% return. ....
Rakesh Jhunjhunwala, after battling health problems for a while, passed away in August last year. According to Forbes, the billionaire had amassed a fortune worth an estimated $5.8 billion. As a young investor, Jhunjhunwala found a mentor in Radhakishan Damani at a time when the stock market index Sensex was at 150; it now trades at over 61,000. ....
Damani's investment arm Derive Trading And Resorts has more than 59,200 equity shares of United Breweries as his holding stood at 31,36,536 equity shares, or 1.19 per cent, as of March 31, 2022. ....