Stocks in Demand Among the Top Investors in India

Ever since I started observing the stock market as an investor, I have heard two things:

• The market is volatile, so always be ready to adapt.
• Never divert from one’s investment technique.

These sentences are gold as they teach us the most basic lesson in the stock market. But how to follow one while maintaining a stance on another? Let me help you out here!

So, the first part of the advice suggests an investor go with the flow of how the market is behaving. The second portion mentions forming and sticking by an investment strategy that fits one. But, retail investors like us find it difficult to adhere to these two pieces of advice simultaneously, so we end up facing huge losses. On the other hand, the top investors stubbornly follow them, and that is the difference between us and top stock investors.

Personalities who have made a name for themselves in Dalal Street represent a great example of how to find the balance between the above-mentioned advice. A great investor is always toe-to-toe with the changing market. However, they also maintain their devised strategy or beliefs throughout their investments.

Today, I will be taking you on a tour inside the minds of the Super Investors so that, together, we can dissect their investment tactics.  

Don’t worry! The procedure to do so is not complicated. The tactic we will be trying today is a popular quote from a well-known Latin writer, Publilius Syrus.

“Speech is the mirror of the soul; as a man speaks so he is.”

So, every stock investor’s section in this article would contain a quote that defines their investment style. So, by learning a thing or two from the best of the best, you will be able to 👇

Here are the top stock investors and their total holdings for the last two months:

So, let’s get started with the top investor in the Indian stock market…

Radhakishan Damani: The All-rounder

This is how Radhakishan Damani grabbed the highest spot as the top stock investor in India. With a net worth of ₹1,69,802.5 crore, Damani actively holds 14 stocks at present. He is a SEBI-registered stockbroker who was popular for earning during the Harshad Mehta Fiasco (he shorted all the stocks owned by Mehta). He is also the Founder of Avenue Supermarts (DMart).

Patience is a virtue with which Damani is blessed. He understands that investing is a long-term game and there is no shortcut to winning it. That’s what Damani does for his investments. He goes through the history of the stocks, checking their fundamentals, such as EBITDA, P/E Ratio, Net Margin, etc.; he also analyses the stock's growth potential and then makes his decision.

These are the top stocks RD (as popularly known in Dalal Street) owns, along with the percentage of the holding. For an in-depth peek inside the top stocks in Damani's portfolio, check out this article.

To check other stock holdings in Damani's portfolio, click here.

Rakesh Jhunjunwala and Associates: The Big Bull of India

A well-known personality in the country, Rakesh Jhunjhunwala, went by many titles. “Phoenix of the Market'', “Indian Warren Buffett”, and “King of Dalal Street” are some of them. The world lost this gem in 2022, but his legacy remains and is carried out via Jhunjhunwala Family’s (Associates) portfolio of net worth ₹38,687.90 crore.  

Jhunjhunwala’s investment strategy was somewhat similar to Buffett's when it came to letting the stocks mature. Plus, he also had the ideology to go against the tide since he believed the market’s valuation is often wrong about the stock’s.

Most of the stocks from his portfolio can be considered as undervalued. Jhunjhunwala saw the potential in these stocks and decided to put his chips in, low valuation aside.  

Here is a table of the top stocks present in Rakesh Jhunjhunwala & Associates’ portfolio, along with the holding value:

Know other stock holdings in Rakesh Jhunjhunwala and Associates' portfolio from here.

Hemendra Kothari: The Stock Market Prodigy

Founder of DSP Investment Managers, Hemendra Kothari, has the stock market in his heritage. His great-grandfather was one of the founders of BSE, and the teachings he received from his family impacted his investment style. He is called the “investment guru” of the stock market.

With a net worth of ₹11,610.2 crore, Kothari is a man known for his sharp wit and dead-on one-liners. Kothari believes in performing research to great depths, as knowing everything about a company is the recipe for great returns. He advises young investors to break the barriers and perform smart investing.

Here is a table of the top stocks held by Hemendra Kothari, along with the holding value:

To check the complete stock holdings of Hemendra Kothari, visit Ticker by Finology.

Akash Bhansali: Expert Stock Picker

"Be picky with your goals. Don't set your sights too low."
 - Charlie Munger

Known for being a mastermind in choosing the right stocks at the right time, Akash Bhanshali has strict rules in his investment style. Bhanshali has a net worth of ₹4,606.4 crore and around 20 stocks in his portfolio.

Bhanshali follows a strict set of guidelines, which includes a "no-no" or "one-stock" rule for several sectors in the market. Since a few sectors (like the IT sector) are too unstable and hard to discern, Akash doesn’t indulge in them.

Here is a table of the top stocks held by Akash Bhanshali, along with the holding value:

Peek inside Akash Bhanshali's portfolio by clicking here.

Mukul Agrawal: The Veteran Investor

An experienced player in the market, Mukul Agrawal is what one calls a seasoned investor. A member of the National Stock Exchange Ltd. (NSE) and Bombay Stock Exchange (BSE), Mukul is associated with companies like Param Capital Research Pvt. Ltd., Permanent Technologies Pvt. Ltd., and Mahavir Prasad Nevatia Education Institution.

He boasts a net worth of ₹3,824.4 crore and has 49 active stocks in his portfolio at present. The investing style Mukul adheres to is often stated as aggressive as he puts his capital on the black sheep, the penny stocks. His in-depth analysis of the stocks allows him to weed out the multi-baggers in the crowd.  

Here is a table of the top stocks present in Mukul Agrawal’s portfolio, along with the holding value:

Check out Mukul Agrawal's complete stock holdings from here.

The Bottom Line

Above were the top stock investors in India based on total holdings value. From their portfolios and investing strategies, one can learn many things. But, don’t blindly follow any investors’ portfolio since the market is unpredictable, and so are our super investors.

Make sure to do your due diligence and research thoroughly. Happy Investing!

*Disclaimer: The stocks and companies discussed above aren't a recommendation from Insider by Finology and shall not be construed as a replacement for professional advice. Consult a professional or conduct the necessary research before making investment decisions.