For investors, Street still paved with gold

For investors, Street still paved with gold

Mumbai: India’s richest individual investors saw their wealth grow further in the December quarter amid the run-up in smaller shares. The portfolio of Enam’s Akash Bhansali surged by 39% to ₹5,945 crore, while the value of Mukul Agrawal’s holdings expanded 25% to ₹4,982 crore, according to data from primeinfobase.com.

Gujarat Fluorochemicals, Ramkrishna Forgings, IDFC, and Welspun Corp are some of the top holdings of Akash Bhansali. Three of his stocks, Arvind Fashion, Vascon Engineers, and PDS, rallied more than 20% in the December quarter.

Portfolio values have been calculated on the basis of their shareholding in listed companies in which they hold at least 1%.

107642059

BSE, Radico Khaitan, and Neuland Laboratories are the favourite stocks of Mukul Agrawal. Between March and December, Mukul Agrawal’s portfolio rose by nearly 89%.

DMart founder Radhakishan Damani, also considered an astute investor, saw his wealth rise by 11% in the December quarter.

The portfolio of late Rakesh Jhunjhunwala’s family grew by 12.70% to ₹49,816 crore in the December quarter. Its shareholding includes Titan shares worth ₹17,530 crore. Star Health & Allied Insurance, Metro Brands, Tata Motors, and Concord Biotech are the other top holdings of the family.

The value of veteran investment banker Hemendra Kothari’s portfolio expanded to ₹9,997 crore. He owns shares of Alkyl Amines worth ₹8,078 crore apart from Sonata Software and EIH Associated Hotels.

For more news like this visit The Economic Times.