Radhakishan Damani made Rs 4,300 crore from only one stock in just two days

Shares of Avenue Supermarts are breaking the ceiling and this is, obviously, making Radhakishan Damani happy.

The shares of Avenue Supermarts had gained 114% on listing day in March and the stock soared over 12% in just two sessions till Friday noon to make Damani and his family richer by Rs 4,300 crore.

In Friday's trade, the stock hit a high of Rs 714, which was 13.18% higher than Wednesday's closing price of Rs 631.60.

Damani's family, including his wife and brother Gopikishan Shivkishan Damani, holds 82.5% stake in Avenue Supermarts.

The Bloomberg Billionaire index shows Damani as the 20th wealthiest Indian, with $4.10 billion wealth as of Friday. He is among the top 500 world billionaires.