#radhakishan damani investor

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Radhakishan Damani portfolio stock Avenue Supermarts surges 15% after Q3 business update

Intensify Research services is a Top SEBI registered Research analyst indore committed to empowering investors with the most reliable stock market insights. Our team of expert analysts uses advanced tools and strategies to provide you with high accuracy stock market tips that enhance your chances of success. To visit- Intensifyresearch.com

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[equitymarketadvisor]

5 Effective Investment lessons by Top Investors

Value investing is a smart way to invest in stocks, it’s like buying something for less than its actual worth. This move protects your hard earned money from losing its value, even if the company isn’t doing as well as you expected it to perform, overtime, it leads to big profits because then money starts growing faster, this strategy focuses on investing in companies that are strong and have a good future.

Our top investors, time and again, from generations, have taught us the importance of investing and along with that some lessons that can help us from entering the market blindly to reduce the chances of major losses and to not treat it like a gambling game to in turn lose everything just because of impulsiveness.

Patience is the most important virtue, that everyone is well aware of, but are you patient enough to know some of the greatest lessons by the most important investment gurus Like sebi registered equity advisor.

Lesson 1: Risk comes from not known what you are doing — BY Warren Buffet

A majority of investors start trading in stocks without having a proper knowledge. of hoe these asset classes really work. Warren Buffet has time and again advised investors to avoid chasing everything that shines and focus on what they are able to understand.

Running after every trending business might lead to bigger losses and in turn lack of confidence in one’s knowledge and understanding. Buffet himself used this strategy where he stayed away from tech stocks and it was in 2016 when he truly understood the business and bought a stake in Apple,

Lesson 2: The earlier you start off on equities the better- BY Benjamin Graham

The sooner you start investing in equities the more time you have to earn returns. And the more time you have then more returns are earned by your returns.

This tactic is called the power of compounding, and that works perfectly in case of equities.

Lesson 3: Develop your judgement- Radhakishan Damani

Its might not be a very good trait to judge other people, but its most certainly acceptable to judge stocks. Equity investing is all about judging the market and developing a perspective. If you are unable to have an opinion of your own, then you can’t climb the ladder. Damani is good at judging the behavior of the stock prices and is a patient listener. He attends to the advice of everyone but acts according to his judgment and instinct of course the knowledge he has gained through years of experience in stock market

Lesson4: Adopt the theory of reflexivity- By George sorro

According to this theory, Investors’ perceptions of what is happening in the markets influence their actions, which in turn influences their perceptions

So basically George Sorro believes that market prices aren’t just based on facts and figures. People’s opinion and guesses about what will happen can also make prices go up and down, when prices change, it can affect people’s thoughts, and then those thoughts can make prices change again. This can cause markets too much or too little, showing that they might not always be perfect

Lesson 5: Be best friends with TIME

‘Compounding is a miracle. So, even the modest investments made in one’s early 20’s are likely to grow into staggering amounts over the course of an investment lifetime”- John Bogle

Bogle always advised investors to start investing as early as possible to become successful at investing. He was of the view that if you start early then u are allowing your returns to compound over time and your money can grow exponentially all by itself.

He has advised on trying to time the market and instead focus on long term investment, Bogle emphasized that spending time in the market is crucial for achieving investment success.

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DMart Q2FY25 Results: Net profit of Radhakishan Damani's company increased by 5.77%, revenue also increased; What about the shares?

Avenue Supermarts Q2FY25 Results: DMart, the company of India's veteran industrialist and well-known investor Radhakishan Damani, has declared the results for the second quarter of FY25 today i.e. on October 12. In the information given to the exchanges, the company said that the net profit of Avenue Supermarts Limited in the September quarter (…)

[voiceofentrepreneurlife]

Meet India’s richest CEO with a net worth of ₹6,700 crore. Despite not owning a company, he possesses a ₹70 crore home. Find out who he is…

One of the wealthiest corporate executives in India is Ignatius Navil Noronha, the CEO and Managing Director of Avenue Supermarts Ltd., which runs the well-known retail brand DMart. His rise from sales executive to one of the wealthiest CEOs in the nation is evidence of his strategic vision and leadership. With a net worth of Rs 6,900 crore, Noronha is a well-known personality in Indian business, according to the Hurun Rich List.

Noronha’s career commenced with an eight-year employment at Hindustan Unilever, where he acquired significant expertise in modern trade, market research, and sales. When he joined Avenue Supermarts, the parent business of DMart, this foundation proved invaluable. Renowned investor Radhakishan Damani hired Noronha in his twenties, and he moved up the ranks fast, making a big impact on the business’s operational performance. Under his direction, DMart has grown into India’s largest retailer today, renowned for its customer-first mentality and effective business tactics.

Often hailed as the ‘Management GOAT (Greatest of All Time)’ by industry experts, Noronha has implemented groundbreaking strategies, including a revolutionary 48-hour supplier payment policy that has transformed the fast-moving consumer goods (FMCG) sector. Despite his significant wealth, Noronha is known for his humility and prefers to maintain a low profile. His office is reportedly much smaller than typical for CEOs of his caliber, reflecting his unpretentious nature.Read More-https://voiceofentrepreneur.life/

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DMart's Q1FY25 Surge Promises a Bright Future for Investors

Ace investor Radhakishan Damani-backed Avenue Supermarts, which operates the retail chain DMart, has once again showcased its robust market position with impressive financial results for the first quarter of fiscal 2024-25 (Q1FY25). This blog post will take a deep dive into DMart’s recent performance, highlighting its revenue growth, strategic expansions, and expert analysis. Retail investors,…

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Radhakishan Damani Portfolio, Shareholdings & Investments: An In-Depth Look

Radhakishan Damani, a legendary figure in the Indian stock market, is best known as the founder of Avenue Supermarts, the parent company of the DMart retail chain. His investment strategies, characterized by patience and a keen eye for value, have earned him a reputation as one of India's most successful investors. In this article, we explore the key components of Damani's portfolio, shareholdings, and investments, with detailed insights from Finology Ticker.

Understanding Radhakishan Damani’s Investment Approach

Damani’s investment philosophy is rooted in identifying companies with strong fundamentals, competent management, and significant growth potential. He tends to hold his investments for the long term, allowing the benefits of compounding to enhance his returns. His portfolio is a blend of established, stable companies and promising growth stocks.

Key Holdings in Radhakishan Damani’s Portfolio

1. Avenue Supermarts Ltd. (DMart)

Sector: Retail

Description: DMart is the cornerstone of Damani's portfolio. The company operates a highly efficient chain of hypermarkets and supermarkets across India, known for its customer-centric approach and low-cost operations. DMart’s impressive financial performance and consistent growth make it a flagship investment for Damani.

2. VST Industries Ltd.

Sector: Tobacco

Description: VST Industries is a major player in the tobacco sector, producing a wide range of tobacco products. Damani’s investment in VST Industries highlights his preference for companies with stable revenue streams and regular dividend payouts.

3. India Cements Ltd.

Sector: Cement

Description: India Cements is one of the largest cement manufacturers in India. With its extensive production capacity and distribution network, the company has a significant presence in the market. Damani’s long-term stake in India Cements reflects his confidence in the infrastructure and construction sectors’ growth prospects.

4. Trent Ltd.

Sector: Retail

Description: Trent operates several retail brands, including Westside and Zudio. The company’s diverse product offerings and strategic growth plans make it an attractive investment in Damani’s portfolio.

5. Blue Dart Express Ltd.

Sector: Logistics

Description: Blue Dart is a leading logistics and courier service provider in India. Known for its extensive network and reliable services, Blue Dart is a strategic investment for Damani, leveraging the growing demand for logistics solutions.

6. Sundaram Finance Ltd.

Sector: Financial Services

Description: Sundaram Finance offers a variety of financial products, including loans, insurance, and asset management. The company’s prudent management and consistent performance align with Damani’s investment philosophy.

7. 3M India Ltd.

Sector: Diversified

Description: 3M India operates in multiple sectors, including healthcare, consumer goods, and industrial products. The company’s innovative approach and diversified revenue streams make it a valuable part of Damani’s portfolio.

8. United Breweries Ltd.

Sector: Beverages

Description: Known for its flagship brand Kingfisher, United Breweries is a dominant player in the alcoholic beverages market. Its strong market position and consistent growth have made it a significant holding in Damani’s portfolio.

Insights from Finology Ticker

Finology Ticker provides a comprehensive overview of Radhakishan Damani's portfolio, shareholdings, and investments. The platform offers detailed information on the performance and financial metrics of the companies in his portfolio, including current share prices, market capitalization, price charts, and balance sheets. This data allows investors to analyze Damani’s investment strategies and the rationale behind his stock selections.

Conclusion

Radhakishan Damani’s portfolio is a reflection of his disciplined investment strategy and deep understanding of market dynamics. His focus on companies with strong fundamentals and growth potential has consistently delivered impressive returns. For investors and market enthusiasts, studying Damani’s portfolio, as detailed on Finology Ticker, provides valuable insights into effective investment strategies and potential market opportunities. By examining his shareholdings and investments, one can gain a better understanding of the principles that drive long-term success in the stock market.

[foxnangelseo]

Top Sectors for Startup Investments in India

India's startup ecosystem has been bustling with energy and innovation, attracting both domestic and foreign investors alike. The "India's Top 200 Self-made Entrepreneurs of the Millennia 2023" study by Hurun India provides insightful information about the top 10 industries in India that have developed into thriving hubs for entrepreneurial endeavours. India has been undergoing rapid transformation, driven by technological advancements and changing consumer preferences. With the emergence of digital payment platforms like Razorpay, founded by Hashil Mathur and Shashank Kumar, startups in this sector are revolutionizing the way financial transactions are conducted in India. Additionally, the recent liberalization of India's FDI policies in the financial services sector has opened up new avenues for foreign investors to participate in India's fintech revolution.

1. Retail:

India's retail sector has witnessed significant growth, fueled by rising disposable incomes, urbanization, and changing lifestyles. Startups like Avenue Supermarts, founded by Radhakishan Damani, have capitalized on this trend by offering innovative retail experiences and value-driven propositions to consumers. With the advent of e-commerce platforms and omni-channel retailing, foreign investors have ample opportunities to invest in India's retail sector and tap into its vast consumer market.

2. Healthcare:

The healthcare sector in India has been grappling with challenges related to accessibility, affordability, and quality of care. However, startups like Max Healthcare, founded by Abhay Soi, are leveraging technology and innovation to address these issues and provide comprehensive healthcare solutions to patients across India. With the government's focus on promoting healthcare infrastructure and initiatives like Ayushman Bharat, foreign investors have the opportunity to invest in India's healthcare sector and contribute to its growth and development.

3. Software & Services:

India's prowess in software development and IT services is well-known globally, and startups in this sector continue to push the boundaries of innovation. MakeMyTrip, founded by Deep Kalra, is a prime example of a startup that has disrupted the travel and hospitality industry with its technology-driven solutions. With the rise of cloud computing, artificial intelligence, and blockchain technology, India's software and services sector offer lucrative investment opportunities for foreign investors looking to capitalize on India's digital transformation journey.

4. Transportation & Logistics:

The transportation and logistics sector in India is undergoing a paradigm shift, driven by e-commerce growth, infrastructure development, and policy reforms. Startups like Zomato, founded by Deepinder Goyal, have revolutionized food delivery services and logistics management in India. With the government's focus on initiatives like Bharatmala and Sagarmala, foreign investors can explore investment opportunities in India's transportation and logistics sector and contribute to its modernization and efficiency.

5. Education:

India's education sector is ripe for innovation and disruption, with startups like Eruditus, founded by Chaitanya Kalipatnapu and Ashwin Damera, leading the way in providing online learning solutions. With the adoption of digital technologies and the increasing demand for upskilling and reskilling, India's education sector presents attractive investment opportunities for foreign investors looking to tap into the country's growing knowledge economy.

6. Consumer Goods:

India's consumer goods sector has been witnessing robust growth, driven by changing consumer preferences, urbanization, and rising disposable incomes. Startups like Vedant Fashions, founded by Ravi Modi, have capitalized on this trend by offering trendy and affordable fashion apparel to Indian consumers. With the government's focus on promoting domestic manufacturing through initiatives like Make in India, foreign investors can explore investment opportunities in India's consumer goods sector and leverage its vast market potential.

7. Media & Entertainment:

India's media and entertainment industry is experiencing a digital revolution, fueled by increasing internet penetration and smartphone adoption. Startups like Dream11, founded by Bhavit Sheth and Harsh Jain, have disrupted the fantasy sports industry and created new avenues for engagement and entertainment. With the rise of OTT platforms, digital content creation, and immersive technologies like virtual reality, India's media and entertainment sector offer exciting investment opportunities for foreign investors seeking exposure to India's growing digital economy.

8. Services:

The services sector in India encompasses a wide range of industries, including professional services, hospitality, and consulting. Startups like Urban Company, founded by Abhiraj Singh Bhal, Varun Khaitan, and Raghav Chandra, are leveraging technology to disrupt traditional service delivery models and create new market opportunities. With the government's focus on promoting ease of doing business and digital adoption, foreign investors can explore investment opportunities in India's services sector and contribute to its growth and development.

9. Hospitality:

India's hospitality sector is undergoing rapid transformation, driven by changing consumer preferences, technology adoption, and evolving business models. Startups like Oyo, founded by Ritesh Agarwal, have revolutionized the budget accommodation segment and created new opportunities for travelers across India. With the rise of experiential tourism, eco-friendly accommodations, and personalized services, India's hospitality sector presents attractive investment opportunities for foreign investors looking to capitalize on the country's growing tourism industry.

India's top sectors for startup investments offer a diverse array of opportunities for foreign investors looking to participate in the country's dynamic and evolving startup ecosystem. From fintech to healthcare, retail to transportation, these sectors represent the forefront of innovation, growth, and entrepreneurial success in India. By understanding the unique dynamics, challenges, and opportunities of each sector, foreign investors can strategically allocate capital, forge partnerships, and drive sustainable growth in India's vibrant startup landscape. As India continues on its path of economic growth and transformation, the role of foreign investment in India- fueling innovation, creating jobs, and driving prosperity will become increasingly significant, positioning India as a global hub for entrepreneurial talent, creativity, and innovation.

References

This post was originally published on: Foxnangel

[altiusinvestech]

Key Factors Behind Radhakishan Damani’s Investment Decisions

Introduction 

Damani is a name with a sagacity of the Indian stock market. His investment decisions and strategies are not just successful but serve as a blueprint for aspiring investors.

He founded Dmart, a major retail corporation, and became renowned as a seasoned investor in the Indian equity market. His portfolio has been studied and envied by many. To read more about Radhakishan Daman's portfolio and net worth, read our blog on Altius Investech.

The blog would highlight his strategic moves contributing to the notable success while offering valuable insights to investors.

Long-term investment mindset

With his long-term investment horizon, unlike traders focusing on short-term gains, Damani has invested in various companies for numerous years.

The philosophy and approach of purchasing and holding onto stocks from fundamentally strong companies lets him earn benefits from steady growth, dividend payouts, and appreciation of long-term capital.

Avenue Supermarts, the parent company of DMart, highlights a great example demonstrating the exponential growth attained from long-term holdings. 

Damani has also invested in Chennai Super Kings – an IPL franchise backed by India Cements Limited. With an illustrious history, they have participated in a record 10 finals, won a record five IPL titles in 2010, 2011, 2018, 2021, and 2023, and qualified for the playoffs 12 times out of the 14 seasons they have played in, which is more than any other franchise.

To have your hands-on gains that we can vouch for, buy csk unlisted shares from Altius Investech starting from just ₹ 153. 

Value in Investments

Damani looks out for companies that are undervalued as per their actual worth. Buying the stocks at prices lower than their real, intrinsic value, makes him position himself for considerable gains once the market corrects the undervaluation. The method needs a deeper understanding of the fundamentals of business, involving debt levels, competitive advantages, and revenue streams.

No to High-debt companies

A significant factor in his investment strategies is an aversion to organizations with high debt levels. Instead, he seeks companies with stronger cash flows and manageable debt. The conservativeness shields his investments from risks linked with high leverage, especially during economic downturns, causing stable returns.

Market Timing

What needs to be acknowledged is the way Damani times his entry or exit from businesses, impeccably. He willingly buys stocks when the market shows pessimistic values and sells as per his interest. For example, his entry into some specific apparel or cement stocks during the time of market lows let him reap considerable gains with the recovery of these sectors.

Market Cycles

Damani’s interpretation and understanding of the market cycles significantly contribute to his success. Through effective studies levied on investor behavior and market patterns, he can anticipate market dynamic shifts. The capability of reading the market makes him adjust his strategies as per the prevailing economic scenario.

Business Fundamentals

The decisions he makes in his processes analyze business procedures to invest only in companies having strong management, sustainable advantages, and clear strategies for growth. Instead of market speculation, he identifies companies offering potential and stability, irrespective of conditions of market volatility.

Diversification

With important holdings in the investments and retail sectors, Damani’s portfolio remains diverse across different industries. Diversification helps in the mitigation of risks as poor performance of one stock or sector is compensated by the gains or stability of the rest. This counts as a classic strategy that served him well over the decades.

Network and Mentorship

A close-knit group consisting of seasoned investors as friends and mentors, including the famous Rakesh Jhunjhunwala, gives him a network providing him with robust exchanges of strategies and ideas, and refining his investment tactics and decisions. 

Conclusion

Several disciplined approaches happen to focus on value investing, fundamental analyses, and cautious approaches for debt as well as market timing, making a huge figure to emulate in the world of investment.

Investors who intend to mirror his success must understand and implement these principles as a step forward in earning significant returns in the volatile world of trading stocks. To further diversify and grow your investment, consider investing in unlisted shares on Altius Investech, a platform known for its promising opportunities.

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The Richest People in India: Icons of Wealth and Influence

India's economic landscape is diverse and vibrant, fueled by its vast population and entrepreneurial spirit. The richest people in India are not just symbols of immense wealth but also of innovation, resilience, and strategic brilliance. This blog explores the lives, achievements, and contributions of these titans of industry, whose influence extends far beyond their bank accounts.

Mukesh Ambani: The Telecom and Petrochemicals Titan

Mukesh Ambani, the chairman and largest shareholder of Reliance Industries, is synonymous with wealth and success in India. Reliance, under his leadership, has diversified into various sectors, including petrochemicals, refining, oil, and telecommunications. The launch of Reliance Jio in 2016 was a game-changer, providing affordable high-speed internet to millions of Indians and disrupting the telecom market.

Ambani's ability to foresee market trends and his willingness to invest heavily in new ventures have cemented his position as the richest person in India. His impact on the Indian economy is profound, with Reliance Industries contributing significantly to the country's GDP.

Gautam Adani: The Infrastructure Mogul

Gautam Adani, the founder and chairman of the Adani Group, is another prominent figure among the richest people in India. The Adani Group's interests span ports, energy, mining, and infrastructure, making it one of the largest conglomerates in the country. Adani's rise to wealth is a testament to his strategic vision and relentless pursuit of growth.

Adani Ports & SEZ Limited is India's largest private port operator, while Adani Green Energy is one of the leading renewable energy companies in the country. Adani's investments in infrastructure and energy have played a crucial role in India's development, particularly in enhancing the country's logistical capabilities and promoting sustainable energy.

Shiv Nadar: The IT Pioneer

Shiv Nadar, the founder of HCL Technologies, is a pioneer in India's IT industry. His journey from establishing a hardware company to leading a global IT services giant is inspirational. HCL Technologies, under Nadar's leadership, has become a major player in the global technology landscape, offering a wide range of services from IT consulting to infrastructure management.

Nadar's contributions extend beyond business. He is also a noted philanthropist, with a significant focus on education through the Shiv Nadar Foundation. His commitment to social causes and education underscores his belief in the power of knowledge and innovation to transform lives.

Cyrus Poonawalla: The Vaccine Visionary

Cyrus Poonawalla, the chairman of the Poonawalla Group, which includes the Serum Institute of India, is a key figure in global healthcare. The Serum Institute is the world's largest vaccine manufacturer by volume, producing life-saving vaccines for diseases such as polio, measles, and COVID-19. Poonawalla's strategic foresight in scaling vaccine production has had a profound impact on global health, particularly in developing countries.

His contributions to healthcare have earned him a place among the richest people in India, and his work continues to save millions of lives worldwide. The success of the Serum Institute highlights the critical role of the pharmaceutical industry in addressing public health challenges.

Radhakishan Damani: The Retail King

Radhakishan Damani, the founder of DMart, has revolutionized the retail sector in India. Known for his frugal approach and focus on customer satisfaction, Damani has built DMart into one of the most successful and profitable retail chains in the country. His business model emphasizes cost efficiency and high-volume sales, which have driven DMart's growth.

Damani's journey from a stock market investor to a retail magnate is a story of strategic thinking and business acumen. His ability to understand consumer behavior and his commitment to offering value have made DMart a household name in India.

Lakshmi Mittal: The Steel Sultan

Lakshmi Mittal, the chairman and CEO of ArcelorMittal, the world's largest steelmaker, is a major figure in the global steel industry. Mittal's rise from modest beginnings in India to leading a global steel empire is a tale of vision, resilience, and strategic acumen. His ability to acquire and turn around troubled steel plants has been a key factor in ArcelorMittal's success.

Mittal's influence extends beyond his business achievements. He is also involved in various philanthropic activities, particularly in education and healthcare. His story is a powerful example of how determination and strategic thinking can create global impact.

Savitri Jindal: The Industrial Powerhouse

Savitri Jindal, the matriarch of the Jindal Group, oversees one of India’s largest conglomerates with interests in steel, power, and infrastructure. As the wealthiest woman among the richest people in India, Jindal’s leadership has been instrumental in the group's expansion and success. Her journey exemplifies the impactful role of women in India’s industrial growth.

The Jindal Group's commitment to innovation and sustainable practices has positioned it as a leader in the industrial sector. Savitri Jindal's ability to maintain and grow the business after the passing of her husband, Om Prakash Jindal, showcases her resilience and business acumen.

Kumar Mangalam Birla: The Diversification Dynamo

Kumar Mangalam Birla, chairman of the Aditya Birla Group, leads a diversified portfolio that includes metals, cement, textiles, and telecom. Birla’s strategic acquisitions and emphasis on innovation have been key to the conglomerate’s success. His leadership style and business acumen firmly place him among the richest people in India.

Birla's approach to business focuses on long-term sustainability and value creation. His commitment to innovation and strategic growth has enabled the Aditya Birla Group to thrive in competitive markets both in India and globally.

Uday Kotak: The Banking Baron

Uday Kotak, the founder and CEO of Kotak Mahindra Bank, has revolutionized the banking sector in India. Starting with a small finance company, Kotak’s visionary approach has transformed it into one of the leading banks in the country. His innovative financial solutions and customer-first approach have earned him a significant place among the richest people in India.

Kotak Mahindra Bank's success is built on a foundation of prudent management and strategic expansion. Uday Kotak's ability to anticipate market needs and his commitment to ethical banking practices have made him a respected figure in the financial industry.

Dilip Shanghvi: The Pharma Leader

Dilip Shanghvi, the founder of Sun Pharmaceuticals, has made a significant impact on the global pharmaceutical industry. Sun Pharmaceuticals is one of the largest generic drug manufacturers worldwide, thanks to Shanghvi’s strategic vision and focus on research and development. His contributions to healthcare and his substantial wealth secure his position among the richest people in India.

Shanghvi's approach to business emphasizes innovation, quality, and accessibility. Sun Pharmaceuticals' growth under his leadership has been driven by a commitment to providing affordable medicines to people around the world, reinforcing the importance of the pharmaceutical industry in global health.

Conclusion

The richest people in India are a diverse group of individuals whose wealth is matched by their influence and contributions to the economy. From transforming industries to pioneering new technologies, these business leaders have played a crucial role in shaping India's growth story. Their journeys are marked by innovation, strategic thinking, and a relentless pursuit of excellence.

As India continues to evolve, the contributions of these wealthy individuals will remain integral to the country's success. Their stories serve as inspiration for aspiring entrepreneurs and business leaders, demonstrating that with vision, resilience, and strategic acumen, remarkable success is possible.

[techwithnitin]

Avenue Supermarts: DMart stock surge boosts Radhakishan Damani's wealth by ₹2,695 crore

Avenue Supermarts, which operates the retail chain of DMart, saw its shares zoom 5.8% to hit a new one-year high of ₹4,715 apiece in today’s trading before finishing the trade at ₹4,645 apiece, up 4.13%.  Investor sentiment was buoyed by the company’s impressive business update for the fourth quarter of FY24, which garnered positive attention from market participants. The upbeat performance of…

[indembminsk]

Investment Strategies from 6 Successful Financial Geniuses

In the world of finance, there are individuals whose investment strategies and greatness have set them apart as true geniuses. Their approaches have not only led to personal wealth but also offer valuable lessons for investors worldwide. Let’s explore the investment strategies from six renowned financial experts, including India’s own Radhakishan Damani. Warren Buffett: The Art of Value…

[priyank3107]

DAY 399 - *Radhakishan Damani - A silent billionaire!!!* - A must read

Early Life:

RKD was born on 12 January 1954 in a Marvari family in Bikaner, Rajasthan.

His father, Shivkishan Damani was a stock broker. RKD completed his early schooling in Bikaner.

Later he went to Mumbai for completing his Bachelor of Commerce degree from Mumbai university.

He was a business mind person from his early days. In middle he left his commerce education and started a Ball Bearing business.

Joined broking business:

After the death of his father he left his business and joined broking business with his elder brother Gopikishan.

After spending some time in broking he realized that, to make big he has to take active part in stock market.

At the age of 32 he entered in stock market. Manu manik was his mentor in initial days. Rkd learned short selling from him.

Harshad Mehta entered in 90s. Who was the the super bull in those days. He used to manipulate the stocks.

In 90s RKD made handsome money by short selling.

Once RKD was short on the market & Harshad was long. RKD panicked coz the stocks were going up. Harshad was manipulating the scripts.

But fortunately Sucheta Dalal mam exposed the scam of Harshad and due to that entire market collapsed. RKD made huge money. It happened in 1992.

Once RKD told, he would have gone bankrupt if harshad had held the position for 7 more days. But luck favoured him.

Super investor:

He understood that, short selling is very risky & to create wealth he has to invest for long term.

Then RKD came across a great value investor Chandrakant Sampat. Sampat sir used to invest in undervalued, high quality and lesser known companies.

He inspired a lot by Sampat sir. Gave up on trading and shifted his focus on long term value investing.

He made handsome money in VST, Gillette, Colgate, Jubiliant foodwork, Nestle, HUL, 3M, Sundaram Finance, Hdfc Bank.

In 1995 he was the largest individual investor in a bank. He made killing there.

He bought VST industries at the price of 85, today its trading at 3400rs/share. He still holds this.

Super businessman:

After successful career in stock market he started his third inning as a businessman in 1999.

He was interested in a retail business. He bought a franchise of Apna Bazaar in 1999. He didn't like the model and closed it immediately.

Then he went to America to study the business model of worlds largest retail chain Walmart.

He really liked the model and decided to apply it into India more effectively.

So, in 2000 he founded Avenues super mart, the parent company of Dmart.

He launched first store in 2001 in Mumbai. Daily discounts, daily savings was their tagline.

Low interior cost. No store in a mall. Purchase in bulk increased their bargaining power.

Everyday low price. They were selling at much cheaper price than competitor.

Dmart became massive hit!!!

Low margin but high inventory turnover helped them to make superb return on capital.

Everybody wanted to sell their products in Dmart, so they started charging slotting fees.

They followed slow and steady store growth strategy. RKD focused on the profitability over growth.

Till 2011 they just has 25 stores. As they keep generating robust cash flows, they slowly expanded across the nation. Today thay have 325+ stores.

Mr. White and white:

Today he is the 8th riches person in India.

He rarely appears on media. He love staying low profile.

He always wear white shirt and white. Live simple.

Thats why street use to Call him Mr White and White.

One quote of Buffet precisely applicable for him,

*”I am a better investor because I am a businessman, and a better businessman because I am an investor."*

[riverwoodcapital1]

Radhakishan Damani's Investment Secrets: A Deep Dive into His Portfolio

💼🔎 Ever wondered about the investment strategies of the legendary Radhakishan Damani? Here's your chance to peek into his portfolio! Join us as we unravel the secrets behind Damani's successful investments in our latest article - 'Radhakishan Damani's

Who is Radhakishan Damani? Radhakishan Damani is a prominent Indian investor who has made a name for himself in the investing world by following a disciplined and value-oriented investment approach. Damani is the founder of Avenue Supermarts, which operates DMart, India’s largest retail chain. He is widely regarded as one of the most successful investors in India and has amassed a significant…

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RK Damani is a renowned value investor in India. Investors seek his guidance for portfolio building and long-term wealth creation. His market reputation is solid, as everything he buys tends to be successful. He excels in selecting stocks with the potential for significant growth. Investors trust his investment expertise and buy shares based on his choices. To assist long-term investors, we will provide a list of Radhakishan Damani's portfolio holdings.

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Know India’s Top Investors In Share Market

Rakesh Jhunjhunwala, also known as The Big Bull, was regarded as India’s very own Warren Buffet. Before investing, Radhakishan Damani believes the company’s ethical principles should be thoroughly examined. We frequently follow eminent Indian stock market investors who have achieved phenomenal success and attempt to engage in the same kinds of ventures that they have. Incredible investing…