{"id":10517,"date":"2024-12-30T10:27:53","date_gmt":"2024-12-30T10:27:53","guid":{"rendered":"https:\/\/shoonya.com\/blog\/?p=10517"},"modified":"2025-01-01T06:19:32","modified_gmt":"2025-01-01T06:19:32","slug":"radhakishan-damani","status":"publish","type":"post","link":"https:\/\/shoonya.com\/blog\/radhakishan-damani\/","title":{"rendered":"Radhakishan Damani: Net Worth, Stock List and Key Holdings"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_87 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\"><p class=\"ez-toc-title\" style=\"cursor:inherit\"><\/p>\n<\/div><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/shoonya.com\/blog\/radhakishan-damani\/#Who_is_Radhakishan_Damani\" >Who is Radhakishan Damani?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/shoonya.com\/blog\/radhakishan-damani\/#Radhakishan_Damanis_Investment_Philosophy\" >Radhakishan Damani\u2019s Investment Philosophy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/shoonya.com\/blog\/radhakishan-damani\/#Radhakrishan_Damanis_Investment_Portfolio_A_Look_at_His_Key_Holdings\" >Radhakrishan Damani\u2019s Investment Portfolio: A Look at His Key Holdings<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/shoonya.com\/blog\/radhakishan-damani\/#Sector-wise_Holdings_in_Radhakrishan_Damanis_Portfolio\" >Sector-wise Holdings in Radhakrishan Damani&#8217;s Portfolio<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/shoonya.com\/blog\/radhakishan-damani\/#D-Mart_The_Success_Story_of_Radhakrishan_Damani\" >D-Mart: The Success Story of Radhakrishan Damani<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/shoonya.com\/blog\/radhakishan-damani\/#Radhakrishan_Damanis_Portfolio_Analysis_A_Strategy_Focused_on_Stability_and_Long-Term_Growth\" >Radhakrishan Damani\u2019s Portfolio Analysis: A Strategy Focused on Stability and Long-Term Growth<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/shoonya.com\/blog\/radhakishan-damani\/#Future_Outlook\" >Future Outlook<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/shoonya.com\/blog\/radhakishan-damani\/#FAQs_Radhakishan_Damani\" >FAQs: Radhakishan Damani<\/a><\/li><\/ul><\/nav><\/div>\n<div class=\"yoast-breadcrumbs\"><span><span><a href=\"https:\/\/shoonya.com\/blog\/\">Home<\/a><\/span> \u00bb <span><a href=\"https:\/\/shoonya.com\/blog\/personal-finance\/\">Personal Finance<\/a><\/span> \u00bb <span><a href=\"https:\/\/shoonya.com\/blog\/personal-finance\/portfolio-management\/\">Portfolio Management<\/a><\/span> \u00bb <span class=\"breadcrumb_last\" aria-current=\"page\"><strong>Radhakishan Damani: Net Worth, Stock List and Key Holdings<\/strong><\/span><\/span><\/div>\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Radhakishan Damani is a name that stands out in both the Indian stock market and the retail industry. Many of us associate him with his famous retail chain, DMart, which has made shopping affordable and easy for millions across India. Today, Damani is known as the &#8220;Retail King of India,&#8221;. But his journey goes much deeper than just retail success.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">His life history as an investor, entrepreneur, and mentor is fascinating.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Mr Damani\u2019s knowledge, sharp thinking and hard work have made him one of the most successful <strong><a href=\"https:\/\/shoonya.com\/blog\/top-10-investors-in-india\/\" target=\"_blank\" rel=\"noreferrer noopener\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#d79b30\" class=\"has-inline-color\">top 10 investors in India<\/mark><\/a><\/strong>. Radhakishan net worth is over Rs. 163,611.5 Cr. His journey is a perfect example of how smart decisions, patience, and understanding of the market can lead to unimaginable success.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In this article, we will explore the Radhakisha Damani portfolio, his top holdings, net worth, and much more, which we have always been curious about!<\/p>\n\n\n\n\n\n<h2 class=\"wp-block-heading\" id=\"0-who-is-radhakishan-damani\"><span class=\"ez-toc-section\" id=\"Who_is_Radhakishan_Damani\"><\/span>Who is Radhakishan Damani?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Radhakishan Damani is the man who built a fortune through smart, long-term investing.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Born in 1954 in Bikaner, Radhakishan Damani came from a simple family. His dad was a stockbroker, but Radhakishan wasn\u2019t interested in stocks back then. In fact, he dropped out of college and dabbled in small businesses, like selling ball bearings.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">But life, as we know, has a funny way of throwing us into situations we least expect.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">When he was just 32, his father passed away unexpectedly. This turned his world upside down and pushed him into his father\u2019s shoes, taking over the family stockbroking business.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Now, Radhakrishan was no average trader. During this time, he got some valuable mentorship from Mannu Manek, a well-known stockbroker.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">There came the 1992 scam, and the Indian stock market was shaken. But instead of backing down, Radhakrishan saw an opportunity. He realised that wealth wasn\u2019t just about trading\u2014it was about smart, disciplined investing. He is known to have learnt the art of short selling during those years!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In 1995, he invested Rs 400 crores in HDFC\u2019s IPO, buying at just Rs 40 per share.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">And now?&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>HDFC is one of the <a href=\"https:\/\/shoonya.com\/blog\/top-private-banks-in-india\/\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#d79b30\" class=\"has-inline-color\">top private banks in India!<\/mark><\/a><\/em><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">And he didn\u2019t stop there.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He took his profits and entered the retail business.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">And that\u2019s how <strong>D-Mart<\/strong> was born in 2002.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Starting small, with just a handful of stores, Damani\u2019s approach to retail was different.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Today, D-Mart has become a household name in India, with over 250 stores all over the country.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Despite his immense wealth and fame, Damani is known for his <em>humility, soft-spoken demeanour, and simple lifestyle<\/em>\u2014qualities that resonate deeply with the common man.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"1-radhakishan-damani%E2%80%99s-investment-philosophy\"><span class=\"ez-toc-section\" id=\"Radhakishan_Damanis_Investment_Philosophy\"><\/span>Radhakishan Damani\u2019s Investment Philosophy<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Mr Radhakishan Damani portfolio is proof of his investment philosophy, which revolves around a few key principles. Let\u2019s take a look Into the mind of India\u2019s most successful investor.&nbsp;<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Value Investing<\/strong>: He believes in identifying undervalued stocks with strong fundamentals and holding onto them for the long term.<\/li>\n\n\n\n<li><strong>Focus on Quality<\/strong>: Damani prioritises businesses with strong management teams, efficient business models, and sustainable growth potential.<\/li>\n\n\n\n<li><strong>Contrarian Thinking<\/strong>: Radhakishan Damani stock list usually bets on long-term potential.<\/li>\n\n\n\n<li><strong>Risk Management<\/strong>: While Damani has taken bold bets, his portfolio reflects a cautious and diversified approach to managing risk.<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">One of his most famous principles is to <em>\u201cinvest in what you understand.\u201d<\/em>&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"2-radhakrishan-damani%E2%80%99s-investment-portfolio-a-look-at-his-key-holdings\"><span class=\"ez-toc-section\" id=\"Radhakrishan_Damanis_Investment_Portfolio_A_Look_at_His_Key_Holdings\"><\/span>Radhakrishan Damani\u2019s Investment Portfolio: A Look at His Key Holdings<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">As per the latest data, Radhakishan Damani stock list has 13 holdings with a net worth of over Rs. 163,611.5 Cr.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Here is the latest list of Radhakishan Damani Stocks (as of September 2024):<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Stock Name<\/strong><\/td><td><strong>Quantity Held<\/strong><\/td><td><strong>Holding (%)<\/strong><\/td><td><strong>Change From the Previous Quarter<\/strong><\/td><td><strong>Holding Value (\u20b9 Cr)<\/strong><\/td><\/tr><tr><td>Avenue Supermarts Ltd.<\/td><td>437,444,720<\/td><td>67.24<\/td><td>0.00<\/td><td>1,51,340.56<\/td><\/tr><tr><td>VST Industries Ltd.<\/td><td>49,430,148<\/td><td>29.10<\/td><td>-5.56<\/td><td>1,644.29<\/td><\/tr><tr><td>Advani Hotels &amp; Resorts<\/td><td>3,860,018<\/td><td>4.18<\/td><td>0.00<\/td><td>26.60<\/td><\/tr><tr><td>Bhagiradha Chemicals<\/td><td>4,306,487<\/td><td>3.46<\/td><td>0.00<\/td><td>133.89<\/td><\/tr><tr><td>Aptech Ltd.<\/td><td>1,757,317<\/td><td>3.03<\/td><td>0.00<\/td><td>33.60<\/td><\/tr><tr><td>Sundaram Finance Ltd.<\/td><td>2,630,434<\/td><td>2.37<\/td><td>0.00<\/td><td>1,157.15<\/td><\/tr><tr><td>Mangalam Organics Ltd.<\/td><td>186,187<\/td><td>2.17<\/td><td>0.00<\/td><td>7.84<\/td><\/tr><tr><td>Sundaram Finance Holdings Ltd.<\/td><td>4,170,434<\/td><td>1.88<\/td><td>0.00<\/td><td>123.26<\/td><\/tr><tr><td>3M India Ltd.<\/td><td>166,700<\/td><td>1.48<\/td><td>0.00<\/td><td>516.67<\/td><\/tr><tr><td>Trent Ltd.<\/td><td>4,507,407<\/td><td>1.27<\/td><td>0.00<\/td><td>3,158.41<\/td><\/tr><tr><td>United Breweries Ltd.<\/td><td>3,170,078<\/td><td>1.20<\/td><td>0.00<\/td><td>650.74<\/td><\/tr><tr><td>Blue Dart Express Ltd.<\/td><td>281,770<\/td><td>1.19<\/td><td>0.00<\/td><td>199.13<\/td><\/tr><tr><td>BF Utilities Ltd.<\/td><td>381,000<\/td><td>1.01<\/td><td>0.00<\/td><td>38.80<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Source-<\/strong> Data from moneycontrol.com, as of Sep 2024 quarter.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"3-sector-wise-holdings-in-radhakrishan-damanis-portfolio\"><span class=\"ez-toc-section\" id=\"Sector-wise_Holdings_in_Radhakrishan_Damanis_Portfolio\"><\/span>Sector-wise Holdings in Radhakrishan Damani&#8217;s Portfolio<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Radhakrishan Damani&#8217;s portfolio is a diverse mix of industries, reflecting his strategic investment approach.&nbsp;<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Retail<\/strong><\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">This is Damani&#8217;s largest investment, a significant stake in the retail giant that operates DMart stores across India.&nbsp;<\/p>\n\n\n\n<ol start=\"2\" class=\"wp-block-list\">\n<li><strong>Tobacco &amp; Consumer Goods<\/strong><\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">VST Industries reflects Damani&#8217;s belief in steady, long-term cash flow from established consumer brands.&nbsp;<\/p>\n\n\n\n<ol start=\"3\" class=\"wp-block-list\">\n<li><strong>Hospitality<\/strong><\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">His investment in Advani Hotels signals a calculated focus on the hospitality industry, with potential for growth.<\/p>\n\n\n\n<ol start=\"4\" class=\"wp-block-list\">\n<li><strong>Chemicals &amp; Pharmaceuticals<\/strong><\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">This investment in the chemicals sector shows Damani&#8217;s inclination towards high-growth, mid-market companies in essential industries.<\/p>\n\n\n\n<ol start=\"5\" class=\"wp-block-list\">\n<li><strong>Finance &amp; Insurance<\/strong><\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Sundaram Finance Ltd.<\/strong> (2.37% holding) and <strong>Sundaram Finance Holdings Ltd.<\/strong> (1.88% holding): These investments highlight Damani&#8217;s trust in the Indian financial services sector.<\/p>\n\n\n\n<ol start=\"6\" class=\"wp-block-list\">\n<li><strong>Technology &amp; Education<\/strong><\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">Aptech, a global career education company, signals his interest in the education sector, particularly in skill development and professional training.<\/p>\n\n\n\n<ol start=\"7\" class=\"wp-block-list\">\n<li><strong>Transportation &amp; Logistics<\/strong><\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">Blue Dart, a leader in the logistics and courier services space, reflects Damani&#8217;s belief in the growing demand for efficient supply chain solutions in India.<\/p>\n\n\n\n<ol start=\"8\" class=\"wp-block-list\">\n<li><strong>Consumer Durables &amp; Retail<\/strong><\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">Trent is involved in both retail and fashion through its brands like Westside.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"4-d-mart-the-success-story-of-radhakrishan-damani\"><span class=\"ez-toc-section\" id=\"D-Mart_The_Success_Story_of_Radhakrishan_Damani\"><\/span>D-Mart: The Success Story of Radhakrishan Damani<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">DMart, launched in 2002, started as a single store in Powai, Mumbai. What started as a small store in Mumbai has grown into a nationwide retail giant.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Its success can be attributed to Damani\u2019s sharp business min, and focus on operational efficiency.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Radhakrishan Damani\u2019s investment in <strong>Avenue Supermarts Ltd.<\/strong>, the company behind <strong>D-Mart<\/strong>, is one of the biggest success stories in his career.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It\u2019s a story of smart thinking, patience, and the ability to see potential where others didn\u2019t.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It all started in the early 2000s when Damani noticed something important: India\u2019s retail market was changing.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">People were starting to look for more organised, easy shopping experiences, like the supermarkets they saw in other countries. He believed that a store could succeed by offering high-quality products at affordable prices, making it a go-to place for families to shop.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He made a wise decision to invest in Avenue Supermarts, the company behind D-Mart. At that time, the company had only one store in Mumbai. But Damani believed in the idea. He saw the potential for the business to grow. Over the years, D-Mart expanded rapidly, opening stores all across India. People loved the simple idea of finding all the products at low prices in a single place. D-Mart became a favourite shopping destination for millions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Today, Avenue Supermarts is the biggest part of Radhakishan Damani portfolio, making up more than 67% of his total investments.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">D-Mart has not only helped Damani grow his wealth but also earned him respect in the investment world.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It\u2019s a great example of how taking calculated risks and thinking long-term can lead to big rewards. D-Mart is now a household name, and Radhakrishan Damani\u2019s role in its journey is a key part of his success story.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">While DMart is undoubtedly his crowning jewel, Damani\u2019s investment in VST Industries stands as another shining example of his foresight.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"5-radhakrishan-damani%E2%80%99s-portfolio-analysis-a-strategy-focused-on-stability-and-long-term-growth\"><span class=\"ez-toc-section\" id=\"Radhakrishan_Damanis_Portfolio_Analysis_A_Strategy_Focused_on_Stability_and_Long-Term_Growth\"><\/span>Radhakrishan Damani\u2019s Portfolio Analysis: A Strategy Focused on Stability and Long-Term Growth<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Radhakrishan Damani\u2019s portfolio has performed well over the years, often beating the market\u2019s average returns. His smart investments and timely decisions have helped him create significant wealth. The portfolio\u2019s total value, which is over Rs. 163,611.5 Cr as of September 2024, reflects his careful approach to investing.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The steady growth of D-Mart, with its growing number of stores and strong customer base, continues to drive its wealth.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Damani\u2019s smaller investments in sectors like education (Aptech Ltd.) and chemicals (Bhagiradha Chemicals) have helped make his portfolio more diverse. This diversity protects his investments from big losses in any one area.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In short, Radhakrishan Damani\u2019s smart choices, focusing on well-established companies in different sectors, have helped him achieve steady growth and success in his investments.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Radhakrishan Damani\u2019s stock portfolio is a carefully chosen mix of companies that reflects his strategy for long-term growth.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"6-future-outlook\"><span class=\"ez-toc-section\" id=\"Future_Outlook\"><\/span>Future Outlook<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">As India continues its growth story, Damani\u2019s portfolio is well-positioned to benefit from rising consumption, infrastructure development, and technological advancements.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For Indian traders and investors, his life offers invaluable lessons:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Think long-term<\/strong>: You must always avoid the lure of quick gains.<\/li>\n\n\n\n<li><strong>Understand your investments<\/strong>: You must only invest in businesses you can explain to others.<\/li>\n\n\n\n<li><strong>Stay grounded<\/strong>: Wealth creation is a marathon, not a sprint; you must never let greed get in your investment journey.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Whether it\u2019s through DMart or his stock market investments, he has proved that anyone with <em>clarity, discipline, and resilience<\/em> can scale new heights.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"7-faqs-radhakishan-damani\"><span class=\"ez-toc-section\" id=\"FAQs_Radhakishan_Damani\"><\/span>FAQs: Radhakishan Damani<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1735545059088\"><strong class=\"schema-faq-question\"><strong>What is Radhakishan Damani net worth?<\/strong><\/strong> <p class=\"schema-faq-answer\">As of 2024, Damani\u2019s net worth is estimated at Rs. 163,611.5 Cr., making him one of the top 10 investors in India.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1735545061009\"><strong class=\"schema-faq-question\"><strong>What makes DMart so successful?<\/strong><\/strong> <p class=\"schema-faq-answer\">DMart has a low-cost model; its focus on customer value and efficient management is key to its success.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1735545128285\"><strong class=\"schema-faq-question\"><strong>What is the portfolio of Damani DMart?<\/strong><\/strong> <p class=\"schema-faq-answer\">Radhakishan Damani\u2019s portfolio is a mix of retail, finance, and other sectors. The biggest chunk of his investments is in Avenue Supermarts, the company behind DMart.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1735545170334\"><strong class=\"schema-faq-question\"><strong>Is DMart owned by Adani?<\/strong><\/strong> <p class=\"schema-faq-answer\">No, DMart is not owned by Adani. Radhakishan Damani owns it through his company, Avenue Supermarts.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1735545195157\"><strong class=\"schema-faq-question\"><strong>In which stock did Radhakishan Damani invest?<\/strong><\/strong> <p class=\"schema-faq-answer\">Radhakishan Damani stock list includes significant holdings in Avenue Supermarts (DMart), VST Industries, and Sundaram Finance, among others.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1735545208074\"><strong class=\"schema-faq-question\"><strong>How did Radhakishan Damani start?<\/strong><\/strong> <p class=\"schema-faq-answer\">Radhakishan Damani started by taking over his father\u2019s stockbroking business after his father passed away, eventually moving into retail with the launch of DMart in 2002.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1735545260467\"><strong class=\"schema-faq-question\"><strong>What is the story behind DMart?<\/strong><\/strong> <p class=\"schema-faq-answer\">DMart was started by Radhakishan Damani in 2002 as a single store in Mumbai. His vision was to provide affordable products in a convenient, organised shopping environment, leading to its nationwide success.<\/p> <\/div> <\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Source: <a href=\"https:\/\/trendlyne.com\/portfolio\/superstar-shareholders\/584333\/latest\/premji-and-associates-portfolio\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#d79b30\" class=\"has-inline-color\">Trendlyne<\/mark><\/a><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">______________________________________________________________________________________<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/shoonya.com\/\" target=\"_blank\" rel=\"noreferrer noopener\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#d79b30\" class=\"has-inline-color\">Disclaimer<\/mark><\/a>: Investments in the securities market are subject to market risks; read all 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Many of us associate him with his famous retail chain, DMart, which has made shopping affordable and easy for millions across India. Today, Damani is known as the &#8220;Retail King of India,&#8221;. But his journey goes much &hellip; <a href=\"https:\/\/shoonya.com\/blog\/radhakishan-damani\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Radhakishan Damani: Net Worth, Stock List and Key Holdings&#8221;<\/span><\/a><\/p>\n","protected":false},"author":16,"featured_media":10525,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_members_access_role":[],"_members_access_error":""},"categories":[110],"tags":[6227,6229,6232,6228,6230,6231],"class_list":["post-10517","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-portfolio-management","tag-radhakishan-damani","tag-radhakishan-damani-net-worth","tag-radhakishan-damani-per-day-income","tag-radhakishan-damani-portfolio","tag-radhakishan-damani-stock-list","tag-radhakishan-damani-stocks"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Radhakishan Damani Portfolio, Net Worth and Latest Stock List<\/title>\n<meta name=\"description\" content=\"Radhakishan Damani, India&#039;s top investor with \u20b9163,611.5 Cr net worth, built D-Mart\u2019s empire. 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His vision was to provide affordable products in a convenient, organised shopping environment, leading to its nationwide success.","inLanguage":"en-US"},"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/posts\/10517","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/comments?post=10517"}],"version-history":[{"count":4,"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/posts\/10517\/revisions"}],"predecessor-version":[{"id":10562,"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/posts\/10517\/revisions\/10562"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/media\/10525"}],"wp:attachment":[{"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/media?parent=10517"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/categories?post=10517"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/tags?post=10517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}