Fresh shareholding data has shed light on veteran investor Radhakishan Damani’s equity portfolio, showing continued strength in both value and diversification. According to the latest disclosures, Damani currently holds investments in 10 listed companies, with his total portfolio value rising to around Rs 1,98,319.81 crore. The portfolio recorded an approximate 13.11 per cent (as of April 16) increase in value during the most recent quarter. However, exchange filings also indicate that shareholding details for a few companies are yet to be fully updated, suggesting the overall numbers could see some changes in the coming weeks.
TSF Investments’ shares traded 1.5 per cent lower on Thursday, registering a strong single-day decline. The stock has declined sharply over the past year, though it has delivered modest gains over the past month, reflecting short-term recovery after prolonged weakness.
Over the past one week, the TSF Investments stock gained 4.47 per cent compared with the index’s 2.48 per cent rise, while in the one‑month period it advanced 8.92 per cent, ahead of the Nifty Total Market’s 5.22 per cent gain. On a year‑to‑date basis, TSF Investments remains under pressure, declining 14.09 per cent, steeper than the index’s 5.51 per cent fall. However, its longer-term performance stands out, with the stock rising 11.62 per cent over one year versus 5.35 per cent for the index, and delivering a sharp 364.48 per cent return over three years, outperforming the Nifty Total Market’s 52.17 per cent gain during the same period.
Veteran investor also acquired a fresh stake in Mangalam Organics to his equity portfolio. Damani has acquired a 2.20 per cent stake in the company, marking one of the two new stock entries in his latest shareholding disclosures.
Mangalam Organics’ share price rose over 4 per cent on Thursday to trade higher at Rs 448 apiece.
Mangalam Organics’ stock has shown solid short‑term momentum, outperforming the benchmark Nifty 50 in recent periods. Over the past one week, the stock gained 4.57 per cent, ahead of the Nifty 50’s rise of 1.48 per cent. This positive trend extended into the one‑month period, where Mangalam Organics advanced 11.42 per cent compared with the index’s 3.06 per cent gain.
On a year‑to‑date basis, however, the stock remains under some pressure. Mangalam Organics is down 8.99 per cent so far this year, slightly underperforming the Nifty 50, which has declined 7.73 per cent over the same period. Despite this, the one‑year performance remains positive, with the stock delivering a return of 7.54 per cent, more than double the benchmark’s 2.94 per cent gain.
The longer‑term picture presents a contrast. Over the past three years, Mangalam Organics has declined 1.35 per cent, while the Nifty 50 has surged 35.33 per cent, indicating relative underperformance over a longer horizon.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
