Top Traders in India 2024

Every industry has famous personalities that sit on the top of the pyramid of their respective domains. For instance, you have Mukesh Ambani and Gautam Adani when it comes to business people. Virat Kohli and MS Dhoni come to our minds when thinking of cricket. Similarly, when it comes to the stock market there are well-known, famous traders in India whose names have become synonymous with the stock market. You might have even seen these famous traders on television and in newspapers. So let’s look at the top traders in India.

List of Top Traders in India

1. Rakesh Jhunjhunwala

Rakesh Jhunjhunwala, arguably, is one of the most famous traders in India of the current times, often regarded as the no 1 trader in India. He started his career as a trader while he was still in college. He started trading with only INR 5,000 in 1985. He currently has a net worth of over 3 billion USD and is the 48th wealthiest man in India. Some of his investments include Tata Motors, Lupin, Titan, CRISIL, Fortis Healthcare, and SAIL, to name a few.

• Rakesh Jhunjhunwala Net Worth: $3 billion

2. Radhakishan Damani

The founder of the popular DMart retail chain of stores, Radhakishan Damani is also one of the biggest traders in India. In fact, he started his career as a stock market trader after the demise of his father. He currently has a net worth of about 2.3 billion USD and is the second-richest person in India. His portfolio includes stocks like Avenue Supermarts (DMart), India Cements, United Breweries, and Sundaram Finance.

• Radhakishan Damani Net Worth: $2.3 billion

3. Ramdeo Agarwal

Raamdeo Agrawal is a billionaire Indian businessman with a net worth of $1.7 billion. He began his career as a sub-broker in 1987. Warren Buffett inspired his investment philosophy, which led him to design the 'QGLP' Investment Framework, which stands for Quality, Growth, Longevity, and Favourable Price. Some of his notable investments include stakes in Hero Honda, Infosys, and Eicher Motors. His successful contributions and wise investments have made him one of the richest traders in India.

• Ramdeo Agarwal Net Worth: $1.7 billion

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4. Ashish Dhawan

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Ashish Dhawan is one of the wealthiest private equity investors and philanthropists from India. As of 2024, his estimated net worth is Rs 6,671 crores ($800 million). He completed his MBA at Harvard University. Dhawan founded ChrysCapital in 1999 and has played a key role in shaping the private equity landscape in India through his investments. His portfolio is valued at Rs 3,187.3 crores ($400 million) and includes significant stakes in companies such as Glenmark Pharmaceuticals, IDFC, and Mahindra & Mahindra Financial Services. His impressive achievements and strategic investments have made him one of the best traders in India.

• Ashish Dhawan Net Worth: $800 million

5. Ashish Kacholia

Ashish Kacholia is one of India’s most prominent investors, with a net worth of approximately Rs 3,385 crores. Known for his expertise in small and mid-cap stocks, he founded Lucky Securities in 2003, which has since established a reputation for identifying high-growth potential companies.

Kacholia's investment philosophy centers around value investing. His portfolio is well-diversified, featuring significant holdings in firms such as Adore Welding, AMI Organics, and Aerospace. This broad range of investments highlights his status as a top trader in India and a respected figure in the Indian market.

• Ashish Kacholia Net Worth: $400 million

6. Nemish Shah

Nemish Shah is highly respected as an investor and co-founder of ENAM Holdings, which is one of the most well-regarded and successful investment firms in India. He holds a net worth of over Rs. 2,762.9 Crores. Shah has significantly influenced ENAM's approach to value investing through his discipline and long-term view in investing. His focus is on understanding companies that have strong fundamentals and can sustain growth over the long term. His portfolio includes Ashai India Glass Ltd, Bannari Amman Sugars, Elgi Equipments, etc. His accomplishments and investment strategies have established him as one of the most successful traders in India.

• Nemish Shah Net Worth: $330 million

7. Sunil Singhania

He is one of India’s most distinguished, renowned, and respected traders. He is a CA and CFA by profession and is the founder of Abakkus Asset Manager. His net worth is estimated to be over INR 2,097 crores. His investments include HIL, Mastek, IIFL Securities, and many others, cementing his position among the top 10 traders in India.

• Sunil Singhania Net Worth: $250 million

8. Mukul Agrawal

Mukul is one of the newest traders in the Indian stock market. His aggressive investment strategy has helped him enter the richest club in India. As per reports, Mukul has a net worth of over INR 2,000 crores. His portfolio includes forty-six stocks like J Kumar Infraprojects Ltd., Kamdhenu Ltd., and Eveready Industries India Ltd.

• Mukul Agrawal Net Worth: $240 million

9. Anil Kumar Goel

Anil Kumar Goel has been a trader since his college days, way back in the 90s. He loves investing in small and micro-scale firms. He went through a lot of ups and downs in his early career. He finally found his place in the stock market, and his profits grew substantially. As per information, the trader has a net worth of over INR 1,944 crores. Anil Kumar Goel owns stocks in about thirty-eight companies, including Panama Petrochem Ltd., Star Paper Mills Ltd., Vardhman Holdings Ltd., etc.

• Anil Kumar Goel Net Worth: $230 million

10. Vijay Kedia

Vijay Kedia became a trader at the early age of nineteen. He has a net worth of around INR 500 crores and has investments in eighteen companies. His portfolio includes Panasonic Energy India Company Ltd. and Mahindra Holidays & Resorts India Ltd.

• Vijay Kedia Net Worth: $60 million

11. Ramesh Damani

Ramesh Damani is an investment veteran and member of the Bombay Stock Exchange who has gained fame as a supporter of value investing and a long-term outlook on markets’ movements. Beginning in the stock market back in the 1980s, his current annual net worth is Rs.  310.3 Crores. Ramesh became popular due to his rich knowledge of the Indian system where he was able to identify discounted stocks with good prospects for growth. Most of his investments are in stocks like Panama Petrochem, Goldiam International, GRSE and many such potential companies.

• Ramesh Damani Net Worth: $37 million

12. Porinju Veliyath

Porinju Veliyath is an investor and portfolio manager who is self-made and well-known for his different investment approach that focuses on value. He started his career in the early 1990s as a floor trader at the Bombay Stock Exchange. His current net worth is valued at Rs. Rs. 285.5 Crores. Porinju is respected for identifying undervalued small and mid-cap stocks, often unseen by most mainstream analysts; this has led to large returns from his early investments into multi-bagger stocks. His portfolio includes Aurum Proptech, TAAL Enterprises Ltd, Kaya, and many more.

• Porinju Veliyath Net Worth: $34 million

13. Mohnish Pabrai

Mohnish Pabrai is an entrepreneur and philanthropist who is a dual citizen of India and the United States and runs Pabrai Investment Funds. His current annual net worth is valued at Rs. 126.9 Crores. Pabrai uses a value investing strategy that is influenced by Warren Buffet and buys shares. Furthermore, he writes books and makes presentations that help people understand how to invest wisely and create wealth. His major investments in the stock exchange are in Edelweiss Financial Services, Rain Industries, and Sunteck Realty Ltd. 

• Mohnish Pabrai Net Worth: $15 million

Conclusion

These top traders in India are role models for stock investors. However, the list is not exhaustive. Many other traders in India are loved, admired, and followed by people in the community. Which of these famous traders do you like the most? Or do you worship a trader we haven’t mentioned on the list? Do let us know.

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