Radhakishan Damani is a veteran stock market investor and founder of the supermarket chain D’Mart. Radhakishan Damani has set the record of becoming a billionaire in a single day. His net worth soared by USD 3.6 Billion in a single day due to a 114% eye-propping listing gain on the IPO of Dmart.
RKD (Radhakishan Damani) is a master in picking multibagger stock. He is also known as a man with Midas touch. The Badshah of Dalal Street Rakesh Jhunjhunwala was calling him a mentor/guru. Rakesh Jhunjhunwala has credited Damani for guiding him in the stock market and giving valuable advice and tips related to the stock market. It is obvious that we should look at where Radakishan Damani is investing his money. So, here is a comprehensive list of stocks held by Radhakishan Damani.
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Radhakishan Damani was born in Bikaner, Rajasthan, into a modest Marwari family. He experimented with the family’s ball bearings business after relocating to Mumbai during his youth. However, bigger plans awaited him in life! After experiencing a personal tragedy, he chose to venture into the stock market as a new direction in his life. Having very few resources and a strong desire for learning, Damani began trading stocks in the late 1980s.
Initially, Damani faced many challenges in the stock market. He faced his fair share of losses in the unforgiving stock market. Nevertheless, rather than being discouraged, these obstacles only motivated his resolve. Damani recognized the significance of gaining knowledge from errors and the worth of being patient. In the beginning of his career, he was dedicated to constant learning and a strong emphasis on market trends.
Radhakishan Damani’s turning point in the stock market was based on the principles of value investing. Taking cues from Warren Buffet and Benjamin Graham, he began searching for stocks that were undervalued but had strong fundamentals. This plan succeeded, and he quickly gained a reputation as a knowledgeable investor. His ability to identify potential in undervalued stocks was the defining characteristic of his career.
Radhakishan Damani Portfolio Holdings 2024
| Stock | Holding Value | Qty Held |
| Trent Ltd. | 2,876.8 Cr | 4,507,407 |
| Bhagiradha Chemicals & Industries Ltd. | 155.6 Cr | 4,306,487 |
| VST Industries Ltd. | 2,216.7 Cr | 5,351,905 |
| Blue Dart Express Ltd. | 230.3 Cr | 281,770 |
| India Cements Ltd. | – | – |
| 3M India Ltd. | 628.8 Cr | 166,700 |
| Advani Hotels & Resorts (India) Ltd. | 29.5 Cr | 3,860,018 |
| Aptech Ltd. | 37.7 Cr | 1,757,317 |
| BF Utilities Ltd. | 29.5 Cr | 381,000 |
| Sundaram Finance Ltd. | 1,023.6 Cr | 2,630,434 |
| United Breweries Ltd. | 608.9 Cr | 3,167,678 |
| Mangalam Organics Ltd. | 8.8 Cr | 186,187 |
| Avenue Supermarts Ltd. | 219,326.0 Cr | 437,444,720 |
| Sundaram Finance Holdings Ltd. | 116.9 Cr | 4,170,434 |
| Astra Microwave Products Ltd. | – | – |
| Andhra Paper Ltd. | – | – |
| Metropolis Healthcare Ltd. | – | – |
Note – All data shown above is collected from various sources on the internet.
According to the most recent corporate shareholding data filed, Radhakishan Damani holds 13 stocks with a net worth of over ₹ 226,114.2 Cr.
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One of Damani’s most notable early investments was in HDFC Bank. Recognizing the bank’s potential long before it became a market favorite, he invested heavily. This move proved to be immensely profitable, solidifying his reputation as a discerning investor. The success of this investment laid the groundwork for future ventures and set the stage for his meteoric rise.
Mr.Damani is a diverse personality he is an investor cum entrepreneur. The stunning success of D-Mart is credited entirely to Damani. The listing of D-mart has made Radhakishan Damani richer than Anil Ambani and Rahul Bajaj.
Learning from the Success of Radhakishan Damani
Buy stock at a lower price
If you carefully observe all stocks mentioned above are purchased by R K Damani at a lower price. So common learning which is known to everyone is to buy low and sell high.
Long Term Investment
The second thing to learn from Radhakishan Damani is to hold stock for long term. R K Damani has been holding stock of VST Industries since 2001. You need not sell the stock if the fundamentals of the company are good.
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Invest in Small Cap or Mid Cap stocks
The majority of stocks from Radhakishan Damani’s portfolio is a small cap or mid cap stocks. All these companies have huge business potential in the future.
Focus on Fundamentals
Damani’s investment strategy has relied heavily on fundamental analysis rather than speculation. He seeks out firms that have solid financials, competent leadership, and potential for sustainable growth.
The success of Radhakishan Damani in the stock market stems from a combination of determination, strategic planning, and a steadfast dedication to values. From starting with little to becoming one of the wealthiest individuals in India, Damani’s story is incredibly inspiring. His narrative shows us that by having the correct attitude, ongoing education, and a focused method, individuals can attain outstanding accomplishments. Whether you’re a hopeful investor or just seeking inspiration, Damani’s journey is a source of optimism and proof of the strength of perseverance.
