Kolkata Investment:Happy Teacher's Day: Top 7 Market Gurus And Their Best Money Making Stocks To Learn From..
Happy Teacher's Day: Teachers are vastly being celebrated and honoured across the world including India on September 5, for their contributions in various fields. That being said, in Indian stock market which continues to be resilient and outperforming its global peers, there are some seven ace investors who have restored faith and confidence in investing in risk-and-sentiments-driven equities.
The market is subject to risks and volatility, and these seven market gurus have proven to outshine against all odds, making them a great example for first-time investors.
The Dmart owner is currently the top investor in the Indian stock market. Radha Kishan Damani currently holds about 13 stocks, and its portfolio is valued at a massive Rs 231,971.5 crore as of September 5, 2024, which is a record high. His retail chain company, Avenue Supermarts aka Dmart holds the majority of its portfolio value.
Some of the largest shareholding by Radhakishan Damani is in Avenue Supermarts, Trent, VST Industries, Sundaram Finance, and United Breweries.
From pre-Covid to post, Radhakishan Damani's portfolio has surged significantly by 141.5% from the December 2019 quarter when his portfolio was valued at Rs 96,069.07 crore. And once a time, nearly a decade ago, his investment was merely at Rs 1,531.26 crore in the December 2015 quarter.
Damani is referred to as the "retail king" of IndiaKolkata Investment. Born in a single-room apartment in Mumbai, Damani was introduced to the stock market through his father who worked on Dalal Street. After his father's death, Damani left his ball-bearing business and became a stock broker and investor. He was also reportedly stated to be one of the largest individual shareholders in HDFC Bank when the lender went public in 1995.
But by far, DMART has been Damani's most successful investmentKanpur Stock. Just like any major investor, Damani also believes in the power of long-term investment, buying key value-creating stocks at an early age, and letting them bloom in the longest run.
'Don't follow the herd,' Damani has famously said. As per Bajaj Finserv, Damani is known for taking an interest in undervalued and unknown companies and making a fortune out of them.
Although the Indian stock market lost a gem, Rakesh Jhunjhunwala, his legacy and stock investment tips will remain among young and old investors. Rakesh at a young age, decided to invest in the stock market with merely Rs 5,000.
At the time of his death, he had an estimated net worth of US$5.8 billion, making him the 438th richest person in the world. He was a partner in his asset management firm, Rare Enterprises.
His wife and children have inherited the fortune he created via his stock market investment.
As per the latest corporate shareholdings filed, Rakesh Jhunjhunwala and Associates publicly hold 26 stocks with a net worth of over Rs. 53,956.0 crore, cited Trendlyne data.
According to Wikipedia, Jhunjhunwala's interest in stock markets arose when he observed his father discussing the markets with his friends. While his father guided him on the markets, he never gave him money to invest and forbade him from asking friends for money. With his savings at hand, Rakesh invested early when in college. Beginning with ₹5,000 capital in 1985, Jhunjhunwala's first big profit came in the form of ₹5 lakh in 1986.
In India, he is often referred to as the 'Big Bull', or 'Warren Buffett Of India' and much more. Among his many stock investment tips, Rakesh Jhunjhunwala once said, "Always go against the Tide. Buy when others are selling and SELL when others buying."
Some of the major stocks that Rakesh bought were Titan Company, Star Health, Tata Motors, Concord Biotech, and Metro Brands.
As per Finology ticker, Mukul Agrawal is a recent star of the Indian stock market. He entered the market in the late 1990s. His investment strategy includes aggressive investment, investing after proper analysis, taking a risk with penny stocks that can become multi-bagger, and keeping two separate portfolios for investment and trading.
Publicly, he holds 51 stocks which are currently worth Rs 6,009.8 crore in September 2024 so far. His most loved stocks are BSE, Neuland Laboratories, Nuvama Wealth Management, and Radico Khaitan.
Dhawan, 55 years old, is an Indian philanthropist and former private equity investor who co-founded and ran one of India's leading private equity funds, Chrysalis Capital.
He currently holds 12 stocks which are valued at around Rs 4,519.0 crore. Some of his major investments are in Glenmark Pharma, IDFC, Quess Corp, and M&M Financial Services.
According to Trendlyne, Ashish Kacholia is known more for his absence from the media cycles, avoiding interviews and journalists. He has said that he likes his portfolio to speak for itself, and has recently built a reputation for being the "whiz-kid" of stock markets. Kacholia has investments in over twenty stocks and has a varied portfolio that includes hospitality, education, infra and manufacturing stocks.
He holds about 38 stocks which are worth Rs 3,075.9 crore. Some of his major shareholdings are in Shaily Engineering Plastics, Awfis Space Solutions, and Garware Hi-Tech.
Co-found and director of Enam Holdings, Nemish Shah is an investor who likes to stay in the background. His portfolio is interestingly diverse, and he is not averse to taking some risks. In his listed company investments he tends to favour brick-and-mortar companies over new-age businesses in tech and finance. Recent investments have been in auto parts and industrial machinery firms, as per Trendline.
As of now, he only holds 6 stocks but their value is up to Rs 2,890.9 crore. His key investments are in Lakshmi Machine Works, Asahi India Glass, and Elgi Equipments.
Speaking about his investment rationale, Kedia says, "One should scout for companies which have good management. Find very good, very honest management and see the product in which the management is going to outperform its peers and the economy. Invest in those companies for the next 10-15 years, and you cannot go wrong." He uses the SMILE approach in his portfolio investments - 'small in size, medium in experience, large in aspiration, and extra-large in market potential', as per Trendlyne.
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Published on:2024-11-08,Unless otherwise specified,
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