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Radhakishan Damani’s portfolio: How his top 5 stock holdings fared in a month

Smart Money Moves
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Smart Money Moves
DMart founder and market veteran Radhakishan Damani is among India’s richest stock market investors, with his family’s net worth estimated at over $28 billion, according to Forbes. Popularly known as the “retail king of India”, the billionaire publicly holds 12 stocks. Here are his top five holdings by value, based on data from Trendlyne.
Avenue Supermarts
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Avenue Supermarts
Avenue Supermarts, operator of the DMart hypermarket chain, remains Radhakishan Damani’s largest holding. He held a 67% stake as of June 30, 2026, valued at more than Rs 1.7 lakh crore, according to Trendlyne data. The stock has fallen over 2% in the past month but is up 6% in 2026 so far. It has declined more than 16% in one year, while gaining 10.5% in three years and over 6% in five years.
Sundaram Finance
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Sundaram Finance
Damani and his family acquired around a 2.4% stake in NBFC Sundaram Finance, worth Rs 1,184 crore, during the April-June quarter of FY27, according to Trendlyne data. The stock has gained over 1% in the past month but is down more than 15% in 2026 so far. It has gained 73% in three years and 78% in five years.
VST Industries
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VST Industries
Damani and his firm Bright Star Investments held a 29% stake in cigarette maker VST Industries as of June 30, 2026, valued at over Rs 1,045 crore. The stock has fallen around 2% in the past week, 8% in a month and 17% in 2026 so far. It has declined 24% in one year and 34% in three years.
3M India
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3M India
Damani held a 1.5% stake in 3M India through Bright Star Investments, valued at around Rs 564 crore, according to Trendlyne data. The stock has fallen around 3% in the past month and 6% in 2026 so far. It has gained around 11% in one year and over 46% in three years.
United Breweries
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United Breweries
Damani held a 1.2% stake in United Breweries, valued at around Rs 438 crore as of June 30, 2026. The stock has fallen over 3% in the past month and 16% in 2026 so far. It is down 28% in one year and 12% in three years.

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