We look up to the world’s wealthiest investors like Radhakishan Damani, Rakesh Jhunjhunwala, and Ashish Dhawan for inspiration in achieving financial success. Top 10 investors in india Everyone desires long-term multi-bagger stocks that provide returns of 5x, 10x, or 20x. Identifying these stocks or products is crucial in the stock market, just as it is in any other area where we invest our efforts, patience, money, and resources. However, not everyone possesses this skill, which is why we have compiled a list of successful traders in the Indian stock market, along with their share market quotes. We tend to imitate the behavior of successful individuals.
1) Radhakishan Damani
Radhakishan Damani, a prosperous businessman and investor, exemplifies the universe bowing before a stubborn heart. He is the owner of the third-largest mega-retail chain in India, “DMart,” and a Mumbai-based billionaire. Despite his success, Damani remains a modest trader from Mumbai, often seen wearing plain white clothing. Born and raised in a Marwari family, he grew up in a small flat in Mumbai. Damani briefly studied commerce at the University of Mumbai before leaving. His father worked on Dalal Street, which sparked Damani’s interest in the stock market.
2) Rakesh Jhunjhunwala
Rakesh Jhunjhunwala, a prominent figure in India’s finance industry, is synonymous with the Indian Stock Market. His intelligent investments and trading in stocks have led to the accumulation of a vast fortune. Jhunjhunwala’s ownership stakes in companies like Titan, Tata Motors, and Star Health have had a significant impact on the Stock Market. He is the owner of Rare Enterprises, a company that manages assets. In addition to his ventures in the stock market, he has recently launched a new low-cost airline called Akasa Air. His unexpected passing has shocked the world, considering his consistent ranking as one of the wealthiest individuals in India.
3) Mohnish Pabrai
By following Warren Buffet’s value investment concept, Mohnish Pabrai made profitable investments in the stock market. Since the early 2000s, his long-only equities portfolio has achieved a remarkable return of 517%, compared to the S&P 500’s 43% return. Pabrai discovered Warren Buffet and his investing principles later in life, before reaching the age of 30. Originally from Mumbai, Pabrai moved to the USA to pursue a degree in computer engineering. After completing his studies, he joined the research and development division of Tellabs. In 1991, Pabrai started his own business, TransTech, Inc., which grew into a successful IT consulting and systems integration firm. In 1999, the same year he sold his business, Pabrai established the Pabrai Investment Fund.
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4) Ashish Dhawan
If you have been investing for a while or are involved in social activism in India’s education sector, you are likely familiar with the name “Ashish Dhawan”. Dhawan is the founder of the Central Square Foundation (CSF) and Ashoka University, two prominent institutions in the field of education. Prior to his work in the education sector, Dhawan spent 20 years in the financial industry, where he held a leadership position at ChrysCapital, India’s top private equity firm. Known for his astute investment skills and dedication to his country, Dhawan has been recognized by Forbes India as a NextGen Leader in Philanthropy for his contributions to education. Born and raised in New Delhi, India, Dhawan was always driven to make a positive impact on his country.
5) Nemish S Shah
His financial opinions are highly valued, and he is well-regarded in the world of investing. Together with his co-founder, Mr. Vallabh Bhanshali, Mr. Shah has guided ENAM’s growth and established it as a prominent institution in the financial markets. Recently, ENAM joined forces with Axis Bank to form a new entity focused on investment banking and broking. Currently, Mr. Shah actively oversees treasury operations and the increase of proprietary capital under ENAM Holdings Pvt. Ltd. He emphasizes long-term investment in the Indian equity markets, employing a bottom-up research methodology to identify high-quality companies with strong fundamentals and sustainable competitive advantages.
6) Vijay Kedia
Vijay Kishanlal Kedia, an Indian businessman and investor, was born in Kolkata. From the age of 19, Kedia has been actively involved in the stock market. Kedia Securities Pvt. Ltd., his business, holds the largest shareholding after the promoters in several listed companies. Referred to as a “market master” by The Economic Times, Kedia’s interest in the stock market began at the age of 14, and he started trading at 19. Initially, he faced failure in his own trades. In pursuit of his fortune, Kedia moved from Kolkata to Mumbai a few years later. In 2004 and 2005, he identified three stocks – Atul Auto, Aegis Logistics, and Cera Sanitaryware – and made successful investments in them.
7) Akash Bhansali
Akash Bhansali, a renowned master investor, is highly regarded for his exceptional stock-picking skills. When Bhansali first entered the stock market, he established strict rules for himself, which have contributed to the expansion of his portfolio. He is selective when it comes to deciding which sectors to invest in, avoiding or limiting his exposure to the information technology, pharmaceutical, and private sector bank industries. Bhansali follows a unique guideline, similar to Dolly Khanna, of having only one stock from each sector in his portfolio. This approach adds an interesting aspect to his portfolio, as seen in his most recent holdings. While he has investments in various companies, he only holds shares in one clothing company, Zodiac Clothing Company.
8) Ashish Kacholia
Ashish Kacholia is a highly successful and well-known investor in the Indian stock market, with a net worth of nearly Rs 1,700 crore. His expertise lies in investing in prestigious stocks, particularly in the small- and mid-cap segment. Kacholia co-founded Hungama Digital and played a significant role in its history alongside Rakesh Jhunjhunwala. In 2003, he established Lucky Securities, which has grown into a top brokerage firm in the Philippines, offering portfolio management and training services. He is often referred to as the Big Whale in the Indian stock market due to his expertise in selecting top-performing stocks of small and mid-cap companies. His investment decisions have a significant impact on market trends.
9) Anil Kumar Goel
According to stock market experts, success in the bourse can be achieved with just a pen, paper, and unique thinking. Anil Kumar Goel is widely recognized as one of India’s top investors, known for his ability to purchase high-quality equities at discounted prices. His support for micro and small businesses has made him one of the most prominent investors on Dalal Street. Goel’s journey in trading began during his college years, and as of June 2022 estimates, his net worth is approximately Rs. 1,342.75 billion. He has a knack for profiting from stocks of small and micro companies, a strategy uncommon among larger investors, indicating his fondness for financial succes
10) Mukul Agarwal
Mukul Agarwal is a renowned author, teacher, and YouTuber in India’s finance field, known for his recent entry into the stock market and moderately aggressive investment style. He takes calculated risks by investing in penny stocks that have the potential to become multi-baggers. Agarwal Corporate Pvt. Ltd., a service-based company, is owned by Mukul Agarwal, who maintains two separate portfolios, one for trading and the other for investment. Among the experienced investors in the Indian stock market, Mukul Agrawal shines as one of the brightest stars, with investments in over 45 companies and a growing net worth. In the late 1990s, Mukul Agrawal entered the market and currently holds directorship positions in Mahavir Prasad Nevatia Education Institution, Permanent Technologies Pvt. Ltd., and Param Capital Research Pvt. Ltd.
