HighPositive
Announced Thu, 23 Jul · 14:20 IST
Radhakishan Damani picks up 2% stake in this NBFC stock, which fell 17% in 2026. Do you own it?
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
DMart founder Radhakishan Damani, through his investment vehicle Bright Star Investments, has acquired a 2.37% stake (26.3 lakh shares) in NBFC Sundaram Finance as of the June quarter of FY27, a name absent from prior shareholding filings. The buying comes as Sundaram Finance shares have corrected around 17% in 2026, falling from a lifetime high of Rs 5,642 in March to about Rs 4,404.80. Damani also holds stakes in Avenue Supermarts, VST Industries, United Breweries, and Blue Dart, with an overall stock portfolio valued at around Rs 1.8 lakh crore.