Top 5 Successful Stock Market Investors in India

No Comments July 17, 2017 By Shivam Dhiri

Who is the first person that comes to mind when you think stock market investor? Warren Buffet, right?

We have some homegrown prolific investors as well, the ones who have converted thousand to a thousand crores by investing in the stock market. You may have heard of them before, or maybe not so let us find out more about the 5 most successful stock market investors in India

Top Successful Stock Market Investors in India

Nimesh Shah

Nimesh Shah is a very low profile and private investor, and only the most enthusiastic investors would know about him. However, he is one of the most successful retail investors in the country.

He is the co founder of one of India’s most reputed and respectable investment houses in India, ENAM Securities. ENAM adheres to investment research as its backbone. His focus as an investor is on long-term investing in the Indian equity markets. He employs a fundamental bottom-up research approach to identify high-quality businesses

His investment philosophy is quite similar to Warren Buffett, who championed investing in firms that benefit from growing consumption. For example, after realizing the huge potential that automobiles have in India, he became an investor in companies that assisted the automobile sector- Asahi India Glass and Sona Steering System Mr. Shah has seen his investments in Asahi Glass, multiply 3.4 times in 3 years.

He doesn’t invest in a lot of sectors and instead his focus is on industries that he understands.

Rakesh Junjunwala

Rakesh Jhunjhunwala is an Indian Investor and Trader, and is often described as the “pin-up boy of the current bull run” and as the “Pied Piper of Indian bourses”. He is a qualified Chartered Accountant and manages his own portfolio as a partner in his privately owned asset management firm, Rare Enterprises.He has a net worth of USD 2.4 Billion (as on July 2017).

He started dabbling in stocks while in college. Instead of taking a job, he plunged into investing. He started with $100 in 1985 when the Bombay Stock Exchange Index was at 150; it is now over 29,000. Fond of cigars and whiskey, he calls himself an old-fashioned investor and is known to shun startups with high valuations but no profits.

Ramesh Damani

Ramesh Damani is one of the most respected investors in Indian Share Market. He has had a glittering career as an investor and also sees opportunities in the sidelines.

Mr. Ramesh S. Damani has been an Independent Non-Executive Director of Aptech Ltd. since October 28, 2005. He holds Bachelor’s Degree in Commerce from HR College in Mumbai and Master’s Degree in Business Administration from California State University. His investment philosophy is not to pick current winners but instead to pick tomorrows winners. He identifies companies when they are young and have the potential to be huge in the next 5-10 years.

Ramesh Damani’s portfolio mostly comprises of multi-bagger stocks. He has major stakes in these stocks: TV Today Network Limited, Uniply Industries Ltd and The Mandhana Retail Ventures Ltd

Radhakishan Damani

Radhakishan has over 25 years of experience in the securities market. He began his career in the ball bearing business and then moved on to stock trading. He is a low profile investing veteran.

Radhakishan Damani’s portfolio comprises of a lot of blue-chip stocks. He invests on his own account. He is a close friend of Rakesh Jhunjhunwala, another person on this list.

Damani raked in the moolah in the stock market during the ’80s and ’90s but suddenly quit after the market crashed in 2001. He then pivoted towards his other passion: retail by entering the segment with D-Mart into a chain, and it has around 70 stores across Gujarat, Maharashtra, Karnataka, and he seems to have perfected the recipe of succeeding in retail, something that industry veterans like the Birlas, Mukesh Ambani have struggled with.

Ashish Kochalia

Ashish Kacholia, of Lucky Securities, started his career with Prime Securities and later on moved to Edelweiss Capital. He was at the research desk in Prime Securities where he researched stocks for the company’s portfolio. His focus was on small cap stocks, which they were expecting to grow much bigger.

His investment strategy is to pick stocks that perform well over a period of time. This works instead of expecting great results every quarter. He believes that over a period of time, a good management helps a business perform.

In 1999, Ashish Kacholia co-founded Hungama Digital Media Entertainment. It was later relaunched as Hungama Digital Media Entertainment in 2009