scorecard
  1. Home
  2. business
  3. news
  4. The impact of coronavirus carnage on Radhakishan Damani’s portfolio

The impact of coronavirus carnage on Radhakishan Damani’s portfolio

The impact of coronavirus carnage on Radhakishan Damani’s portfolio
Business1 min read
  • Radhakishan Damani, founder of Avenue Supermarts is among the top 10 richest persons in India.
  • He has a stake in six other companies out of which four are in the green year-to-date.
Radhakishan Damani is one of the top 10 richest persons in India, thanks to the blockbuster IPO listing of Avenue Supermarts which runs the DMart chain of hypermarkets.

Avenue Supermarts went public in 2017, and since then, its share price has increased by more than six times the listing price. Its current market cap is around ₹1,23,000 crore, making it a member of an elite club of companies.

However, Damani’s midas touch is not restricted to just DMart. In his portfolio, he has six other listed stocks in which he owns at least 1% stake in the company.

READ MORE ARTICLES ON


Advertisement

Advertisement