Radhakishan Damani's Portfolio 2021

Radhakrishan
12/08/2021

Radhakishan Damani has often been the quiet big influence in stock markets. He is normally quite reticent about portfolio moves. Damani’s portfolio is predominated by Avenue Supermarts, the owner of D-Mart retail chain. His current ownership of Avenue Supermarts is above Rs.150,000 crore. Radhakishan Damani principally invests in the name of his family and through companies like Bright Star Investments and Derive Trading.

D-Mart predominates his portfolio, but there are a number of other stocks where Damani holds shares worth more than 1%. Find the table of Damani’s key holdings as under.
 

Radhakishan Damani's portfolio as of June-21:

 

Top Holdings (Jun-21)

Stake in Company

Holding Value

Avenue Supermarts

65.2%

Rs.150,331 crore

VST Industries

30.2%

Rs.1,571 crore

India Cements

12.7%

Rs.698 crore

Sundaram Finance

2.4%

Rs.655 crore

Mangalam Organics

2.2%

Rs.13 crore

Blue Dart Express

1.7%

Rs.222 crore

Metropolis Healthcare

1.6%

Rs.216 crore

Trent Ltd

1.5%

Rs.486 crore

3M India

1.5%

Rs.410 crore

BF Utilities

1.3%

Rs.22 crore

Andhra Paper

1.3%

Rs.12 crore

United Breweries

1.2%

Rs.451 crore

Astra Microwave

1.0%

Rs.14 crore

 

Here is a quick look at the stocks Damani bought and sold in the Jun-21 quarter.

What did Radhakishan Damani buy and sell in the Jun-21 quarter?

Let us first look at stocks he bought in the Jun-21 quarter. There are 2 stocks where Damani increases his stake in the Jun-21 quarter. He added to his holdings in Sundaram Finance taking his stake in the company up by 14 bps to 1.9%. The other stock that Damani bought was United Breweries where he hiked the stake by a marginal 0.2% in the quarter.

During the Jun-21 quarter, Damani exited two of the stocks viz. Foods and Inns Ltd as well as Prozone Intu Properties. While Damani had a 4.7% stake in the former, he had a 1.3% stake in the latter. He has exited these two stocks fully. In addition, he also reduced his stake in Blue Dart Express from 2% to 1.7% during the quarter. In addition, Damani also pared his stake in Metropolis Healthcare from 1.6% to just about 0.1% holding. Damani’s equity portfolio value stands at $21 billion.

 

Also check: Big Bull Rakesh Jhunjhunwala's Portfolio 2021

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