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The domestic stock market has been on a great rally for the last few months. Barring some volatility during the election months, the market is constantly making records. After the election results came out, there was a tremendous boom in the market. Due to this boom, big investors of the stock market have made a lot of money in the first quarter of the financial year.
These top individual investors made money
An ET report, citing data from Prime Infobase, said that during the first quarter of the current financial year i.e. the 3 months of April-June, many big individual investors like Anuj Seth, manish Jain, Vijay Kedia, akash Bhansali earned a lot. During the quarter, investor Hemendra Kothari's portfolio strengthened by 7 percent. He was helped by the sharp rally in stocks like Alkyl Amines Chemicals and EIH Associated Hotels.
During the first quarter, the value of akash Bhansali's portfolio grew by a spectacular 21 per cent. Stocks like sudarshan Chemicals and Ramkrishna Forgings in his portfolio gained 48 per cent and 29 per cent during this period. Similarly, Mukul Agarwal's portfolio grew by 13 per cent during the first quarter. ashish Dhawan and Nemish Shah's portfolios grew by 14 per cent and 17 per cent respectively.
This stock of Vijay Kedia became a multibagger
Vijay Kedia's name was also included in the top-15 individual investors who made the most money in the june quarter. tejas Networks, a stock in his portfolio, gave a multibagger return of 115 per cent during the quarter. Similarly, stocks like Atul Auto, Elecon Engineering and sudarshan Chemicals grew by 32 per cent to 48 per cent. Thus, Kedia's portfolio grew by 24 per cent to Rs 1,638 crore in the june quarter.
Manish Jain earned 29 percent
During the period under review, manish Jain's portfolio grew by 29 percent to Rs 1,592 crore. In his portfolio, Hester Bioscience's stock jumped the most by 72 percent. At the same time, Career Point's stock rose by 41 percent and Linde India's stock rose by 30 percent.