Mumbai: The net worths of some of India's wealthiest individual investors witnessed some deep cuts in the March quarter amid stock market weakness that sank portfolios across the board.
The value of their holdings declined between 5% and 31% from Q3, showed data from primeinfobase.com. Portfolio values were calculated based on UHNI holdings that exceeded 1% of the equity base in the respective companies.
Rekha Jhunjhunwala, Mukul Agrawal, Nemish Shah, Ashish Kacholia and Vijay Kedia were among investors whose portfolios took the biggest hit. Those of Madhusudan Kela, Ashish Dhawan, Anil Goel and Akash Bhanshali were relatively insulated. Broadly, few investors made fresh purchases above 1% during the quarter.
The value of their holdings declined between 5% and 31% from Q3, showed data from primeinfobase.com. Portfolio values were calculated based on UHNI holdings that exceeded 1% of the equity base in the respective companies.
Rekha Jhunjhunwala, Mukul Agrawal, Nemish Shah, Ashish Kacholia and Vijay Kedia were among investors whose portfolios took the biggest hit. Those of Madhusudan Kela, Ashish Dhawan, Anil Goel and Akash Bhanshali were relatively insulated. Broadly, few investors made fresh purchases above 1% during the quarter.
You may also like
Saudi Arabia: Medical, transport services reviewed to ensure seamless experience for Indian Haj pilgrims
Waris Pathan demands action against girl for remarks against prophet
Tennis LIVE: Alexander Zverev launches angry complaint as Coco Gauff issues apology
Hema Malini discusses future of the world at MIT School of Engineering
IPL 2025: Stoinis, Inglis likely to join PBKS for game against DC, say sources
