Radhakishan Damani earned more than 30% from these stocks in 2021, made it to the list of 100 richest people in the world

Radhakishan Damani earned more than 30% from these stocks in 2021, made it to the list of 100 richest people in the world

Veteran investor Radhakrishna included in the list of 100 richest people in the world

The owner of hypermarket chain Dmart and veteran investor Radhakrishna Damani has become one of the 100 richest people in the world. On Wednesday, his wealth reached about Rs 145500 crore. Damani is at number 97 in the list of 100 top rich people around the world. Damani is the sixth billionaire from India to be included in the club of the world’s richest people. Damani is well known as a value investor. Big Bull Rakesh Jhunjhunwala also calls him Guru. In the last few years, Radhakrishna Damani has earned tremendous returns by investing in select stocks. This year, five stocks in Damani’s holding have given more than 30 per cent returns. Let’s see how much return these favorite stocks have given.

Avenue Supermart

Damani has the largest holding in Avenue Supermarts (DMart). He is its promoter and holds 65.2 per cent stake in it . Its price is Rs 1.54 lakh crore. This year the shares of DMart have jumped 30 percent and it has reached Rs 3,649.

Sundaram Finance

Damani has been investing money in this company for the past decade. He has invested in Sundaram Finance through his company Bright Star Investments. Damani has 2.4 percent stake in this, its total value is Rs 634 crore. Its stock has jumped 33.7 per cent this year to reach Rs 2,460.

Trent

Damani holds 1.52 percent stake in this Tata Group company. Its total cost is Rs 488 crore. So far this stock has increased by 33.51 percent and now it has reached Rs 900.75.

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Blue Dart Express

Damani has reduced his stake in the shares of this company. They have a 1.7 percent stake in it and its total value is Rs 230 crore. He had booked profit by rallying in this stock.

Metropolis Healthcare

Damani had booked profit in the last quarter after the rise in the shares of Metropolis Healthcare. Its shares have risen up to 39 per cent this year. Right now this share is at Rs 2799. The total value of Damani’s stake in this is Rs 229.7 crore.

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