Radhakishan Damani is not just another run-of-the-mill big-ticket investor. Instead, he enjoys the status of an “investing legend” owing to his uncanny ability to be able to spot trends that will prosper in the future.
Radhakishan Damani’s long and illustrious career has several examples where he has made super-high conviction bets and reaped rich rewards. The earliest known example is VST Industries where he got into a scrap with the mighty BAT. The latest known example is Gati and TCI where he correctly predicted that the then beleaguered logistics sector would be in great demand.
No wonder then that Rakesh Jhunjhunwala, the Badshah of Dalal Street, refers to Radhakishan Damani in a hushed tone and reverentially calls him his “mentor/ guru”.
Radhakishan Damani’s favourite sector at present is the “media” sector.
In an earlier piece, I pointed out how Radhakishan Damani and Ramesh Damani have bought huge chunks of TV Today Network on the premise that digitization will be a “game changer” and lead to super profits for the sector.
Later, I also pointed out that when TV Today Network tumbled owing to mediocre quarterly results, Radhakishan Damani rushed in to buy another chunk.
Now, the big news is that Gopikishan Damani, who is as much of a recluse as Radhakishan Damani, has bought a massive truckload of 16,55,868 shares of TV Today Network in the December 2014 quarter.
The present holding as of 31st December 2014 is as follows:
| Name | Nos of shares | % of capital |
| Gopikishan S Damani | 1655868 | 2.78 |
| Radhakishan Damani | 716000 | 1.20 |
| Damani Estate & Finance Pvt Ltd | 896000 | 1.50 |
| 3267868 | 5.48 |
The value of the aggregate holding is Rs. 71.56 crore at the CMP of Rs. 219.
Interestingly, the same thing is playing out in TV18 Broadcast as well. The details of the shareholding as of 30th September 2014 is as follows:
| Name | Nos of shares | % of capital |
| Derive Trading P Ltd | 26398291 | 1.54 |
| Bright Star Investments Pvt Ltd | 17724888 | 1.03 |
| 44123179 | 2.57 |
The value of the aggregate holding in TV18 Broadcast is Rs. 145.60 crore at the CMP of Rs. 33. We have to see the shareholding pattern for December 2014 to see if there is any change.
This means that in just the two media stocks, Radhakishan Damani has in excess of Rs. 200 crore riding.
Will his conviction pay off? Time will tell!
He holds around 4% in tv18 broadcast worth 227 cr (@cmp 33.1)
and he holds 6.5% in TvToday networks worth 85cr (@cmp 219.5)… together worth more than 300 cr
no he holds 400 cr worth media including other than mentioned here
came to know one more damani through this article
Any views on MAXWELL Industries. Any one is holding and Long on Maxwell?
Request-want to learn trading method from sh.radhakrishna damani.your website can help in this to help investors. Mr.jhunjunwala, also learnt trading from Mr.damani.hope you will do needful.