Radhakishan Damani bought 43,06,487 worth share of Agro chemical company turn out multi bagger
History
Radhakishan Damani owner of famous tore chain d-mart recently bought the shares of bhagiradha company, a small cap company of manufacturing insecticide, pesticide, fungicide, herbicide company Radhakishan Damani on June 5 2024 acquired the shares of total 43,06,487 cost of 81.17 crores of trading price of 188.49 rupees, Radhakishan Damani brought total 3.5% of equity in that company. It has risen the stock price
From Dalal street to D-mart
Radhakishan Damani who was born in the Marwari family was used to be the stock broker in the B.S.E (Bombay stock Exchange) his father was also used to be broker in the stock exchange from the starting of his days he was not interested in brokerage he then visit to the united states of America, there came to know about the the giant company stores which is called as Walmart the chain of multi store, Damani got so inspire from that incident he establish his own chain store called as D-mart which is trillion dollars’ worth in today’s date it was started in the 15 may 2005 from that few store to more than 200 stores is the great journey of D- mart was started, the speciality of D-mart is about its discount strategy which attract it’s most customer from every corner of the country. The legendary stock broker even Rakesh Jhunjhunwala also consider Radhakishan Damani as his mentor in the stock market journey. He was once the second richest man in the India and now he is at changing position of 8 he never came in public unlike other business tycoon he is always wear simple white clothes.
Investor
As a long time, the tiger was waiting for the hunt like wise after many days he came to market and shock the market with his entry, the stock price of bhagiradha company rose to high price after the buying of shares of their company by the Radhakishan Damani which is a very great thing to their company.
By Aryan Mohite