3 Insanely Successful Stock Market Investors in India that you need to Know.

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3 Insanely Successful Stock Market Investors in India that you need to Know– My blog ‘Trade brains’ recently got listed in the top 100 stock blogs and websites for stock traders at feedspot. Hurray!! And in this cheerful occasion, I decided to write something different. Something that every stock investors in India need to know.

And then this idea came to my mind. All those who enters the stock market in India, has same dreams. They all want to become absurdly wealthy like few of the known richest investors in the world.

However, I strongly believe that if you want to learn something new; then it’s best to learn from one who has already done it.

If you want to become successful in the stock market, then you should learn form the lives of these iconic stock market investor. How was their journey, what principles they follow, how long they have been investing etc. So, today I decided to write a post about the ones who are insanely successful in Indian stock market.

How many of them do you know?

Everyone who enters the stock market world knows about Warren Buffet. The greatest investor of all time and one of the richest person in this world who made his fortune by investing in stocks. You might also have heard about Benjamin Graham, Charlie Munger, Peter Lynch etc

But do you know about the preposterously successful investors who made tons of money by investing in Indian stock market?

Yes, I can hear the name in your mind. Rakesh Jhunjhunwala. The name which comes instantly on the mouth of every Indian when we hear the term ‘Rich-Indian-stock-market-investor’. But how much do you know about him? And what about the other successful stock market investors in India?

In this post, I am going to tell you about 3 insanely wealthy stock market investors in India. Further, I will recommend you to read this post till the end as I have kept a surprise bonus there. So, be with me for the next 8-10 minutes to learn all about the most successful stock market investors in India.


3 Insanely Successful Stock Market Investors in India

Rakesh Jhunjhunwala

Successful Stock Market Investors in India

Net worth: 2.4 Billion USD
Born: 5 July, 1960 (Age 57), Mumbai India
Education: Chartered Accountant
College: University of Mumbai, The Institute of Chartered Accountants of India (ICAI)
Occupation: Owner of rare enterprises, investor, Film Producer & trader

Rakesh Jhunjhunwala, also known as, “India’s Warren Buffet” and “The Big Bull’, is one of the most renowned and successful stock market investors in India.

The son of an income tax officer, Rakesh joined the stock market after completing his degree in chartered accountant. Starting with the initial investment of only Rs 5,000, currently he is sitting on a huge networth of around Rs 15,000 crores.

Jhunjhunwala today manages the privately owned asset management firm “RARE Enterprises”. The name RARE is derived from the initials of his name and his wife’s name. That is- ‘Ra’ from his name (Rakesh) and ‘Re’ from his wife’s name (Rekha). He is also the chairman of Aptech Limited and Hungama Digital Media Entertainment Pvt. Ltd.

From the very start, Rakesh Junjhunwala’s ‘risk and reward’ taking ability alongwith impressive imagination & wisdom earned him great profits.

His first ever large income was from selling 5000 shares of Tata Tea which he had previously bought for Rs. 43 per share and selling them at Rs. 143. His later career was marked by his buying of six crore shares of Titan in 2003 at an average price of around Rs 3. The stock is still in his portfolio and currently trading at Rs 530.

Rakesh jhunjhunwala follows the idealogy of Warren buffet and believes in long term investment. He strongly advocates the growth of India and it’s rising economy. Mr. Jhunjhunwala is also confident in learning from mistakes. He often says- ‘Mistakes are your learning friends. The idea is to keep these mistakes small.’

According to forbes 2016, Rakesh jhunjhunwala is India’s 53rd richest person. 

Also read: Forbes- Rakesh Jhunjhunwala
Rakesh Jhunjhunwala Story
Rakesh Jhunjhunwala Success Story from 5k to 1.8$ Billion
5 Secretes that make Rakesh Jhunjhunwala Successful Investor
Rakesh Jhunjhunwala- The Inspiring story & philosophy of India’s most successful InvesTrader

Source: FinnovationZ.com


Radhakishan Damani

Successful Stock Market Investors in India

Net worth: 7.1 Billion USD
Age: 61
Occupation: Investor, Stockbroker, Trader and the Founder & Promoter of Dmart

Radkhakishan Damani, also known as ‘Mr white and white’, because of his simple dressing- white shirt and white trousers, is an investor and owner of D-mart. He is also the mentor of billionaire investor Rakesh Jhunjhunwala. RK Damani is known for his low profile and he rarely makes appearance in public events or press conferences.

On 21st March, 2017 i.e. the listing day of Avenue supermart (parent company of D-mart), the stock price rose more than double, from the offer price of Rs 299 and ended up 116% upwards to Rs 648. In the IPO of Avenue Supermart, RK Damani made around Rs 6100 crores in just two days.

RK  Damani owns 52% stake in Avenue Supermarts, and Bright Star Investments – his investment company, holds another 16% stake.

RK’s journey in Indian stock market is truly inspiring. He was not always involved in stock market. He started his career as a trader in ball bearing, with no intentions to enter the stock market. However, his future has something else reserved for him.

“RK Damani entered the market at an age of 32.”

At an age of 32, post his father’s death, RK was forced to close down his ball bearing business and had to join his brother in the stock broking business, which was inherited from their father.

RK Damani had no idea of what to do in the stock market then. His knowledge to stock market was very limited and can be considered next to zero when he entered. He made few mistakes initially by speculating the stock prices. However, he soon understood that the market is a heaven for those who wants to make great fortune in life.

As he was involved in stock broking, he also understood that he can’t make lots of money just by watching other people invest. Finally, he started investing for the long term. Gradually, his judgement began getting right, and within the next couple of years he was standing as one of the most successful investors in the market.

RK Damani’s strategy is quite simple- Invest for long term, like 5 to 10 years. RK always sees the future prospects of the company before investing and  invests only if the product has a potential far ahead in the future.

Also Read: Forbes- Radhakishan Damani
DMart’s founder Radhakishan Damani: The unlikely retail billionaire
Radhakishan Damani: Man with the Midas touch in the stock markets

Source: LKKN Learning Lessons of Life


Ramesh Damani

Successful Stock Market Investors in India

Net worth: 800 Crores (1.24 Billion USD)
Age – 61
Education: HR College, Mumbai (Bachelor’s degree in Commerce)
California State University (Master’s Degree in Business Administration)
Occupation – Founder at Ramesh s Damani Finance Pvt Ltd

Ramesh Damani, the investment guru and one of the most successful stock market investors in India, started his journey to riches in 1990’s, when sensex was 600 points. He holds a bachelor’s degree in commerce from HR College, Mumbai and a master’s degree in Business Administration from California State University.

Ramesh Damani works at privately owned Ramesh s Damani Finance Pvt Ltd.

The son of a successful stock investor, Ramesh Damani became a member of the Bombay Stock Exchange(BSE) in 1989. Initially, Ramesh planned his career as a stock broker. However, later he started enjoying picking winning stocks and switched to become a long term investor.

Ramesh Damani’s first famous investment was ‘Infosys’. Coming from a techie background in US, he knew that Infosys has great future potentials. So, when infosys became public in 1993, he invested Rs 10 lakhs in it. By 1999, this investment has given him more than 100 times return.

“I learned that just because a stock doubles, it is not a reason to sell it.”- Ramesh Damani

The investment philosophy of Ramesh Damani is easy and simple to understand. He is a long term investor and suggests not to invest for short term gain. Further, he advises everyone to make an exit strategy clear before making investment in any stock. He further adds that the economy of a market is hard to predict; however if you have researched the stock carefully, and had made a good strategy, then you can can easily make fortunes in stock market.

If you want to learn stocks from scratch, I will highly recommend you to read this book: ONE UP ON THE WALL STREET by Peter Lynch- best selling book for stock market beginners.

Also Read- Ramesh Damani: The Stock Picker Who Could’ve Become A Billionaire

Source: The TrakInvest Show


Bonus:

Raamdeo Agrawal

Successful Stock Market Investors in India

Networth – 1000 Cr
Age -60
Occupation: Co-Founder- Motilal Oswal Financial Services Ltd

Raamdeo Aggrawal, the co-founder of Motilal Oswal Group, is another most respectable stock market investor in India.

He is famous for investing in the legendary stock of HERO HONDA in 1995, when HERO was a small cap with a market capitalization of only 1000 crores. Raamdeo Aggrawal invested around Rs 10 lakh in the shares of the two-wheeler manufacturer at Rs 30 apiece, and held on to them for the next 20 years, till the share price rose to Rs 2,600 apiece. Today the market cap of HERO is above 73,000 crores.

During the last 30 year career, Raamdeo aggrawal investing stratergy is based on QGLB: Quality, growth, longevity and bargain value of a company.

Like most great investors, Raamdeo Aggrwal too follows the priciples of long term investment. Among his favorite books to read are- ‘One Up on Wall Street‘ by Peter Lynch and ‘The Intelligent Investor‘ by Benjamin Graham. Further, he is also excited by Michael Porter’s ideas on competitive structure.

“After 30 years, I understood economic moat is the mantra of investing” -Raamdeo Agrawal

Raamdeo Agrawal suggests the investors not to be driven solely by market trends and advices to research the stock intelligently before investing.

Also read: Raamdeo Agrawal’s crorepati formula: Invest Rs 10,000 a month for 25 years
Raamdeo Agrawal Success Story Journey from Zero to 1000 Cr

Source: Motilal Oswal Securities

As promised, here is the bonus section. List of few other best stock market investors whom you should know. Further, I have added a link to each of the investors so that you can read further.

Chandresh Nigam, 48
Managing Director-CEO, Axis Mutual Fund
Chaitanya Dalmia, 42
CIO, Renaissance Group
Chandrakant Sampat, 89
Individual investor
Parag Parikh, 63
Chairman & CEO, PPFAS
Dolly Khanna,
Investor, Homemaker
Sanjay Bakshi, 51
Managing Partner, ValueQuest Capital LLP
Samir Arora, 55
Founder, Helios Capital
Saurabh Mukherjea, 41
CEO (Institutional Equities),  Ambit Capital
Anoop Bhaskar, 50
Head – Equity, UTI Mutual Fund
R Srinivasan, 48
Head (EquitIES), SBI Mutual Fund

Also Read: Forbes India: Wealth Wizards: Top 20 Investors Share Their Philosophy

That’s all. I hope this post- “3 Insanely Successful Stock Market Investors in India that you need to Know” is helpful to the readers. Please share the post if you liked it. Happy Investing.

Further, do comment below who is your favorite Indian stock market Investor?

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About Kritesh Abhishek 86 Articles
Hi, I am Kritesh. I'm 23, Electrical Engineer, Investor & Blogger. I have a passion for stocks and has spent my last 3 years learning, investing and educating people about stock market investing. And so, I delighted to share my learnings with you on this blog. #HappyInvesting

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