The stock market has become a hub for new traders recently. Everybody invests in the share market with only one dream, to earn profits. But trading is not just about adding risk and shooting from the hip. It is more than that. One has to acquire basic knowledge and learn from the investment strategies followed by successful traders.
There are many traders from Maharashtra who have left their mark on the world of the share market. But that does not happen in a day. It’s because of their optimistic and persistent efforts they are ruling the field today.
So, if you are interested in the achievements and success of these share market leaders, here is a list of the 7 best traders in Maharashtra who are earning billions from the stock today.
7 Ace Stock Market Traders in Maharashtra
“Pin-up boy of the current bull run”, as titled by India Today, Rakesh Kumar Radheysham Jhunjhunwala is one of the most popular investors of Maharashtra today. His portfolio is amongst the most performing portfolios of Indian Investors today that consists of 32 multiple shares from different sectors. He is ranked as the 54th richest individual in India by Forbes. His net worth is 12,402.27 crores.
The man started his journey in Mumbai where he completed his degree as a chartered accountant. While working as a contracted bookkeeper, Rakesh began with the underlying speculation of Rs. 5,000 that turned in the total assets of around 2.4 Billion USD today.
Currently, he is an executive of a company called Aptech LImited. Also, he is working with Hungama Digital Media Entertainment Pvt. Ltd. All his market decisions are often based on data provided by Rare Enterprises.
One of the astute investors of Maharashtra, Ramesh Damani is appreciated for being a brilliant multi-bagger. His portfolio is best known for investing across small-cap industries. As per the latest corporate shareholdings, Damani holds 2 stocks publically with a net worth of over Rs. 203.7 crores.
He began his career as a trader in the 1990s after completing his college degree from Mumbai. He also completed his Masters in Business Administration. The child of a stock market analyst, Ramesh turned into an individual from the Bombay Stock Exchange when Sensex was 600.
Today, he runs his own finance company called Ramesh Damani Finance Pvt. Ltd. He is estimated to be the eighth richest man in the country.
With a net worth of over Rs. 966.2 crores, Ramesh Agarwal has earned his place as a financial specialist in securities and exchanges. He is the chairman and co-founder of Motilal Oswal Financial Services.
In 1987, he decided to enter the share market and by 1990, he became a stockbroker and started investing for himself and others too. Over the next few years, his investment of 10 lakhs became 30 crores, which eventually crashed to 10 crores in 1992, when the Harshad Mehta scam broke out.
Despite all challenges, he managed to reenter the market and invested in Hero Honda, Infosys, and Eicher Motors, which are considered his major investment decisions.
Currently designated as the MD of Kedia Securities, Vijay Kedia is considered one of the most learned traders in India. He is the one who rightly forecasted the initiation of the structural bull run in the year 2021.
Vijay was born in a stockbroking family that made him interested in the share market. He started exchanging stocks at the age of 19 and earned great profits later. His habit of reading magazines and yearly reports helps him build insight into this field.
According to the recent corporate shareholdings, Vijay Kedia publicly holds 10 stocks with a net worth of over Rs. 368.4 crores. His multi-bagger investment formula has made his portfolio a balanced one. He has invested in companies like Panasonic Energy, Everest Industries, Cera Sanitaryware, etc., which are familiar to all.
Prime supporter and co-founder of ENAM, Nemish Shah is one of the most reputed and best retail financial investors in the state. Nemish completed a degree in commerce and started investing in the share market in the year 1984. Within a year he entered the banking sector with his company. What makes him different from all the traders is his spiritual approach towards investment strategies.
His investment philosophy is similar to Warren Buffet’s and is likely to get benefitted from growing consumption. Recently, he is a leading philanthropist of the country. His portfolio is sector driven and his present net worth is Rs. 484.4 crores. He always prefers to put resources into firms that profit by growing utilization.
Ashish Kacholia likes to invest more in small and medium businesses. These stocks fascinate him the most. His stock-finding capability makes him unique in the field.
Ashish is considered among the top 50 investors in India and one of the best stock market traders in Maharashtra,. He is not very popular socially but has in-depth knowledge about the field. He runs his equity broking firm called Lucky Securities. According to the recent record, he holds 23 stocks with a net worth of over Rs. 1314.6 crores.
Ashu Sehrawat is one of the youngest millionaires in the country. He is just 22 years old and a successful day trader and swing trader. His father’s buy-and-hold strategy helped him a lot to grow fast in the field.
When asked, he says that he learned trading through online research and interviews of top traders in the world. He is successfully running a blog called Trading Fever where he helps novices with his tips and experience. Within 5 years he has built his 1-million portfolio and decided to make more profit from stocks.
All these success stories are going to boost you to make more investments in stocks. But it is necessary to learn the ins and outs of share market trading before entering the field.
Chalaang is an online educational platform that offers top courses on trading and share market that can help you to become a successful trader. So, if you are motivated by reading the stories of famous traders, and want to begin with investment, make sure you visit Chalaang!