Bombay stock exchange, a tall building in Mumbai taller than BSE, is the dream of Indians. Everyone dreams of making it big in the stock exchange, but very few people will achieve it.
Upmarket Academy presents you with the information about those few people who achieved what they dreamt of and became the top 20 successful Stock market investors of 2023.
- Premji and Associates
Azim Premji is one of the renowned names in the Indian IT industry. He served as chairman of Wipro, which was previously known as Western India Vegetable Products Ltd. Azim Premiji’s father started this company in 1945.
The main reason for his success has diversified the company and steered growth toward developing custom software solutions for customers across borders.
- Radhakrishnan Damani
Radhakrishnan Damani is a successful trader, entrepreneur, veteran, and low-profile investor. He is famous as “Mr White and white” and one of the top-notch investors in the Indian Market. If you have ever gone to DMart, you should thank the master brain behind it, Radhakrishnan Damani.
His main Investing strategy is to buy stocks at a discounted price and hold them long-term to make money. Sounds boring! But, the boring strategies make more money.
- Rakesh Jhunjhunwala
Rakesh led a purposeful life of 62 years and passed away in Mumbai. He was called “Warren Buffett of India ” because he epitomises how to make wealth with stocks. He was the son of an income tax officer, and he started investing while pursuing a college education. Like Warren Buffet, he built his wealth as an early bird. He once said he was shy about investing in stocks after booking losses. Instead, he advised new investors to prepare themself for the market and continue investing.
- Mukul Agarwal
Mukul Agarwal is mainly associated with three companies and is a director of Param Capital Research Pvt. Ltd, Permanent Technologies Pvt. Ltd, and Mahavir Prasad Nevatia Education Institution. He built his wealth over the period, diversifying his wealth and being low and slow in his moves.
- Sunil Singhania
Sunil Singhania is a well-known name in Dalal street in Mumbai. He saw massive headwinds on the macro level and was a strong believer in the power of investing for a long period. However, he believes he could turn into tailwinds in the future. He advised that inflation might cool down and the interest rate cuts on the table too. So headwinds are turning into tailwinds, Singhania elaborated at a Crystal Gazing Summit and Awards 2023, organised by PMS AIF WORLD globally.
- Ashish Dhawan
Ashish Dhawan, with a 2,037.81 Cr net worth, is one of the low-profile investors. He is the founder of Chrys Capital along with Raj Kondur. He is a smart investor with a diversified portfolio, i.e., he invested money across sectors. He believes that analysing the market is a major part of his success.
- Ashish Kacholia
Ashish is an ace investor and co-founder of the company Hungama Digital. Rakesh Jhunjhunwala was his cofounder. He also started Lucky securities in 2003, and his investment advice for youngsters is to focus on small and mid-size companies.
- Anil Kumar Goel
Anil is one of the popular names on Dalal street. He started investing in small and micro-scale enterprises. He began assisting his grandfather in the year 1960 and started understanding the market. His net worth is Rs 1,534.67 cr., and his portfolio mainly consists of Sugar and Textile industries.
- Mohnish Pabrai
Mohnish Pabrai, India’s famous investor, was responsible for his massive wealth. He always concentrates on getting his money back quickly every time he invests; it makes the decision easy and simple.
“The business is getting more efficient because most of us don’t go and lounge around Starbucks. Instead, we pre-order; just pick our latte and go. And that’s even more profitable. Mohnish once said in an interview.
- Akash Bhansali
Akash is a great investor with a diverse portfolio. He never concentrated on the Private, Bank, and Pharma sectors. That was his main reason for growth. He advises people to invest in one company in one sector. Balanced Diversification was his other mantra.
- Ramesh Damani
Ramesh has invested in more than 10 companies over 30 years. He made his fortune with a durable portfolio and secured the financial future of the next two generations. Once, he was asked about his strategy. He said, “Together (with my son Ashok), we are trying to design a portfolio for my grandchildren so that they can enjoy the benefits of compounding that I have enjoyed. The earlier you start, the better off you are. So we are taking this advice”.
- Ramdeo Agrawal
Ramdeo Agarwal is a long-term investor. Any long-term investment advice may sound like an interesting way to make money, but these people have the highest of fortune. According to him, one should always invest when there’s a surplus fund and sell when you are desperate for funds. Market Volatility can pose an issue sometimes for the investor. But the game is long.
- Vijay Kedia
Vijay Kedia is one of the most recognized names in the BSE. He was the founder and CEO of Kedia Securities Pvt. Ltd. and was also known as the “Market Master” His main advice is that he never wants people to depend on the stock market for livelihood. Alternative income is as important as oxygen.
- Nemish Shah
He is an ace investor in India with a net worth of a whopping 2,491.40 Cr. His investment journey started in 1984 by co-founding ENAM Holdings. His investment strategy includes the company’s ROCE should not be less than 9%, and the company has planned future growth, sound management, and discounted entry price.
- Porinju Veliyath
Porinju was known as a “Small Cap Investor”. He believed that if the business is good, investors shouldn’t care much about market capitalization. A great example of that is his portfolio. Most of the companies in his portfolio don’t pass muster with large institutional investors. However, they have given him multiple times returns.
- Dolly Khanna
Dolly’s portfolio is managed by her husband, Rajiv Khanna. Dolly’s portfolio uses a normal strategy and is more traditional. The portfolio leans towards more traditional stocks in manufacturing, textile, chemicals, and sugar stocks. She holds around 15 stocks with a net worth of more than 227 crores.
- Chandrakant Sampat
Chandrakanth is a multi-bagger investor who tends to invest in companies with less or no debt, and Capital expenditure, with capital expenditure and strong fundamentals. He followed a long-term investment strategy with low expenses. However, he had faith in the power of compounding.
- Bhavook Tripathi
Bhavook is the kind of investor who buys big when he buys. He invests a bit here and there and hopes something will click. However, this strategy doesn’t work for everyone. So Bhavook instead waits patiently for that once-in-a-lifetime opportunity to show up, and when it does, he acts with conviction and pledges a sizable chunk of his wealth on that bet.
- Dilip Kumar Lakhi
Dilip is a unique kind of investor. Maybe that’s what made him successful. He invests in less-known segments like Lubricants. As a result, his portfolio doesn’t show any inclination towards industries ranging from pharmaceuticals, automobiles, and banks.
- Madhusudan Kela
Madhusudan thinks Banks will be the leader in the future because the fancy equity culture isn’t popular in India. However, he also believes there’s much room for growth. He is the founder of MKVentures. He said that the market has undergone reasonable time correction and sector-wise rotation. He strongly believes in the Indian equities’ performance globally.
