In today’s article, we are going to tell you about the famous investors of Indian stock market. He increased his money manifold by investing in the stock market. These people started investing in the stock market at a time when people were afraid of the name of the stock market. Let us know about them one by one-
Top Investors in Indian Stock Market
Net worth – 164,743.64 crores
Number of Shares in Portfolio – 14
The first name in this list comes from Radhakrishna Damani.
His name comes in the category of the most successful investors in the stock market.
You must have seen the D-Mart store in your city. Radhakishan Damani, the founder of D-Mart, is considered the king of retail business.
But he started his career as an investor in the stock market. But one idea changed his fortunes and in just 24 hours his wealth increased by 100 percent.
Let us tell you that the company that runs D-Mart is Avenue Supermarts. The supermarket ‘DMart’ is owned by Avenue Supermarts.
Radhakrishn Damani’s assets increased by 100 percent within just 24 hours after the listing of D-Mart in the stock market.
Late Rakesh Jhunjhunwala
Net worth – 19,644.05 crore
Number of Shares in Portfolio – 38
Rakesh Jhunjhunwala’s name was in the second most successful investor after Radha Krishna Damani.
He was an investor as well as a trader in the stock market.
He started his career in the stock market in 1985 with only Rs 5000.
At that time today’s sensex was at 150 (and today this sensex has touched the level of 55000). He considered Radhakrishna Damani as their guru.
He had an investment firm in the name of RARE Enterprises, his portfolio had some multibagger shares – Titan, Lupine, CRISIL, PRAJ IND, Aurobindo Pharma, NCC etc.
Net worth – 2,344.85 crore
Number of Shares in Portfolio – 16
Ashish Dhawan is the co-founder of one of the most successful private equity firm in India, CrisCapital.
He first graduated from Yale University and then did his MBA from Harvard University.
He has worked in the investment management business for about 20 years.
He has also worked in the world famous stock market Wall Street.
Later he has founded an organization called Central Square Foundation (CSF), this organization also helps social entrepreneurs with the mission to change the Indian education system.
He is also the founder and chairman of Ashoka University.
Which is on the path of providing higher education in the country.
According to Dhawan, our education system is second to the bottom at the international level and there is a need to improve a lot.
Also Read – Top footwear companies in India
Net worth – 2,217.45 crore
Number of Shares in Portfolio – 27
The name of Sunil Singhania is one of the biggest investors in the Indian stock market.
Started his portfolio management firm Abacus Asset Management in August 2018.
Earlier, Singhania has proved his mettle as a CIO in Reliance Mutual Fund.
The Reliance Growth Fund, led by Singhania, gave an annualized return of 21 per cent between 2004 and 2017.
In a report by Ambit Capital, Singhania was termed even as ‘Master of Indian Stock Market’.
Singhania works on the principle of MEETS (Management, Earning, Events, Timing and Structure) created by him.
This is the basis of our thinking, says Singhania. We pick companies and then do our research.
Decision is taken after looking at everything.
Net worth – Rs 1,550.32 crore
Number of Shares in Portfolio – 21
Stock Expert Ashish Kacholia is an expert in identifying multibagger stocks.
He is known big whale in stock market community.
In the year 1995, he started his own brokerage firm named Lucky Securities.
Ashish Kacholia along with Rakesh Jhunjhunwala founded Hungama Digital in the year 1999.
From the year 2003, he started building his portfolio.
Bodal Chemicals, alembic group company Paushak shares, Majesco These are some of the shares in which Ashish Kacholia made huge profits.
Also Read – 5 Most efficient ways to make money by trading
Nemish S Shah
Net worth – 1,010.94 crore
Number of shares in the portfolio – 8
Nemish Shah is a well-known name in the world of stock market.
Nimesh Shah is the MD of ICICI Prudential, the country’s third largest mutual fund company.
Nemish Shah is the director and co-founder of ENAM Holdings, one of the most prestigious institutions in the country.
Nemish Shah made his debut in the stock market in 1984 when he founded ENAM.
Initially it was a broking firm, after a few years he stepped into the field of investment banking and in the next 6 months he was listed in top investment bankrs.
Some of the best stocks in his list of investments are Lakshmi Machine Works ltd, Hi-tech gears, Shreenath investment company, Zodiac clothing company etc.