The latest portfolio of Radhakishan Damani has several multibagger stocks in it.
Radhakishan or RK Damani has become famous as the founder of DMart. The IPO of DMart is a big success and will become a multibagger stock when the IPO of Avenue Supermarts is ready for listing.
The DMart IPO was only for Rs. 1870 crore. However, it has been heavily oversubscribed over 90x times and has raised huge money from investors.
On listing, DMart will quote at a huge premium and give heavy gains to all subscribers and allottee investors.
Damani is also known to be the guru of Rakesh Jhunjhunwala. Jhunjhunwala has credited Damani with being his mentor and for guiding him in the stock market and giving valuable stock tips and recommendations.
Rakesh Jhunjhunwala’s latest portfolio has been studied by us in detail a few days ago. We have also seen how Rakesh Jhunjhunwala made 1000% multibagger gain from Escorts limited in just four years. Now let us study the latest portfolio of Radhakishan Damani.
|Stock||Holding (%)||Market Value (Rs Cr)||CMP (Rs)|
|U B Holdings||1.6||3||27|
|Sterling Holiday Resorts||2.0||45||250|
|Blue Dart Express||5.4||607||4,869|
|TV Today Network||3.4||51||257|
|Multi Commodity Exchange||1.1||63||1,098|
A study of Radhakishan Damani’s portfolio reveals that he has made huge money from his personal investments in stocks of listed companies.
One of the best stocks in the portfolio is Uniply Industries.
As of December 2017, RK Damani holds 2.09 per cent of the equity equal to 5 lakh shares.
Uniply Industries has given multibagger gain of 159 per cent in 2016-17.
The gains from Uniply Industries in the last three years is 5,600 per cent.
Damani bought Uniply in March 2016.
Another good stock in the portfolio is Prozone Intu Properties. Damani has made 34 per cent gain from Prozone in 2016-17. The stock has risen 123 per cent in the last three years.
Radhakishan Damani bought Prozone Intu Properties for his portfolio in September 2016.
India Cements has also given RK Damani gain of 119 per cent in 2016-17. The veteran investor holds 1.41 per cent of the equity of India Cements as of 31st December 2016.
The value of the investment in India Cements is Rs 71 crore.
TV Today Network has been a disappointment for Radhakishan Damani because it has remained flat over the past year. However, TV Today is also a multibagger with 130 per cent gain over three years.
Rakesh Jhunjhunwala usually invests in the same stock as RK Damani. He also holds TV Today in his portfolio.
It appears that Damani is a strong believer in the future of the hotel and hospitality industry. He holds two hotel stocks in his portfolio.
The first is Advani Hotels in which Damani holds 3.76 per cent stake as of 31st December 2016.
The second is TajGVK Hotels.
Both hotel stocks have given huge gains to RK Damani. Taj GVK hotels has given a gain of 75 per cent in 2016-17 and 110 per cent over three years.
Rakesh Jhunjhunwala Stock Tips
Gopikishan Shivkishan Damani, who is Radhakishan’s elder brother, holds shares in Aptech (3.15 per cent) and HCL Infosystems (1.13 per cent).
Both technology stocks have give huge gains of 313 per cent and 38 per cent in the last one year.
There are several other stocks which are in the portfolio of Radhakishan Damani such as Balaji Telefilms, Viceroy Hotels, Gati, Century Textiles, MCX etc.