Search results
- In the bustling world of the stock market, Radhakrishan Damani was like a silent observer. He stood quietly, watching others and trying to understand the market’s pulse. This earned him the nickname “Mr. White and White” because he always wore a white shirt and white pants to save time in the morning.
goelasf.in/blog/radhakishan-damani/
People also ask
Who is Radhakishan Damani?
What is Radhakishan Damani net worth?
How did Radhakishan Damani learn from Manek & Cobra?
Did you know Rd Damani in the 80s?
- Keep an eye on the long term. Like Warren Buffett, Damani too has been a value investor who would take canny view of the long term. When he turned an entrepreneur, he retained the same approach and built D-Mart without relying on any quick shortcuts.
- Small is big. Damani started small and did not hurry to expand. Low scale gave him a better control of supply chain and allowed him to focus on profitability right from the beginning.
- Value your people. Damani began with buying a franchise of Apna Bazar. That was when he began building personal relations with vendors and suppliers. He values both and they never let him down.
- Buy low, sell cheap. Damani knew what he was doing: offering people consumer products of daily use at heavy discounts. That became his only goal. One of his methods was to pay his suppliers and vendors within days instead of weeks which was the industry norm.
Apr 18, 2017 · Synopsis. Few imagined that Damani would emerge as one of India's most successful stock investors, seed-fund a retail chain and take it public too. ET Bureau. MUMBAI: Manu Manek, the dreaded market operator, ruled Dalal Street in the 1980s.
- Shailesh Menon
In 2020, Damani picked up a 1% stake in Andhra Paper. [25] Damani also picked up 15% stake in India Cements in May 2020 taking his shareholding in India Cements to 19.89%. [26] In 2023, Damani bought 28 housing units in the luxury apartment Three Sixty West for ₹1,238 crore (US$150 million).
May 27, 2024 · This earned him the nickname “Mr. White and White” because he always wore a white shirt and white pants to save time in the morning. The Bear Cartel and Mentor. During this time, he learned a lot from a famous broker named Mannu Manek, also known as the “Black Cobra.”
Oct 2, 2023 · As the founder and owner of DMart, Radhakishan Damani has reshaped the retail industry with his savvy business strategies and unwavering dedication to customer satisfaction, all while delivering quality products at affordable prices.
Jun 12, 2023 · That cemented its reclusive founder Radhakishan Damani’s already rock-solid reputation as an astute investor. And it began to matter less and less how his stock picks fared because Avenue—which operates the Dmart chain of supermarkets—kept rallying, catapulting Damani into the club of India’s richest.
Feb 15, 2016 · Famously known as Mr. White and White; Radhakishan Damani is a Stock market Investor, Stockbroker, Trader and the Founder & Promoter of Dmart! His retail chain accounts for 91 stores across India and is the third biggest in the industry.
