Radhakishan Damani Portfolio: Four Stocks That Doubled Investors' Money In The Past Year
Radhakishan Damani Portfolio: Four Stocks That Doubled Investors' Money In The Past Year
Among these, Trent Limited, a part of Radhakishan Damani's portfolio, has delivered an impressive return of 187 per cent.

Entrepreneur Radhakishan Damani’s portfolio is closely watched by many investors. In the December quarter, he held stakes of more than one per cent in 14 stocks. The combined value of these shares amounted to Rs 170,482.3 crore.

Avenue Supermarts holds a significant 96 per cent stake in Radhakishan Damani’s portfolio. Interestingly, despite this, the stock has only provided a 10 per cent return to investors over the past year. However, out of the 14 stocks in Damani’s portfolio, 12 have delivered double-digit returns.

Four stocks in Radhakishan Damani’s portfolio have provided returns of over 100 per cent in the past year, effectively doubling the investment of the veteran investor.

1) Trent Limited

Among these, Trent Limited, a part of Radhakishan Damani’s portfolio, has delivered an impressive return of 187 per cent to investors over the last year. Damani holds a 1.50 per cent stake in Trent Limited. In the latest trading session on Friday, Trent’s shares closed at Rs 3752.

2) BF Utilities

Shares of BF Utilities have provided a remarkable return of 154 per cent to investors over the past year. Radhakishan Damani holds a 100% stake in BF Utilities. In the latest trading session on Friday, BF Utilities’ shares closed at Rs 718.85, experiencing a decline of 4.80 per cent.

3) Sundaram Finance Holding Limited

Radhakishan Damani holds a 1.09 per cent stake in Sundaram Finance Holding Limited, a stock that has delivered impressive returns of 103 per cent to investors over the past year. In the latest trading session on Friday, Sundaram Finance Holding Limited’s shares closed at Rs 180.

4) Advani Hotel and Resort

Additionally, Damani has acquired a 4.2 per cent stake in Advani Hotel and Resort, with a holding value of Rs 31 crore. This stock has provided substantial returns of 123 per cent to investors in the last year.

Radhakishan Shivkishan Damani was brought up in a Maheshwari Marwari Hindu family in a single-room apartment in Mumbai. He pursued commerce studies at the University of Mumbai but discontinued after one year. Following the passing of his father, who was employed on Dalal Street, Damani transitioned from his ball-bearing business to become a stock market broker and investor.

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