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Last updated: February 12, 2024 15:04 US Standard Time

Entrepreneur Radhakishan Damani’s portfolio is closely watched by many investors. During last year’s fourth quarter, he held more than 1% of shares in 14 stocks. The total value of these shares amounts to Rs 170,482.3 crore.

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

Four stocks in Radhakishan Damani’s portfolio have delivered over 100% returns over the past year, effectively doubling the veteran investor’s investment.

1) Trent Limited

Among them, Trent Limited, part of Radhakishan Damani’s portfolio, gave investors an impressive return of 187% last year. Damani holds 1.50% shares in Trent Limited. In the latest trading session on Friday, Trent shares closed at Rs 3,752.

2) BF Utilities

Last year, BF Utilities stock gave investors a staggering 154% return. Radhakishan Damani holds 100% stake in BF Utilities. In the latest trading session on Friday, BF Utilities shares closed at Rs 718.85, down 4.80%.

3) Sundaram Financial Holdings Ltd.

Radhakishan Damani holds 1.09% stake in Sundaram Finance Holding Limited, which has generated an impressive return of 103% for investors in the past one year. Sundaram Finance Holding Limited’s shares closed at Rs 180 in the latest trading session on Friday.

4) Advani Hotels and Resorts

In addition, Damani also acquired 4.2% stake in Advani Hotel and Resort, with the shareholding value being Rs 310 million. Last year, the stock provided investors with a healthy return of 123%.

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Radhakishan Shivkishan Damani grew up in a one-room apartment in a Hindu family in Maheshwari Marwari, Mumbai. He studied commerce at Bombay University but dropped out after a year. After the death of his father, who worked in Dalal Street, Damani transitioned from the ball bearing business to becoming a stock market broker and investor.

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