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Superstar investors preference for companies with low or no debt
TIWN
Superstar investors preference for companies with low or no debt
PHOTO : TIWN

New Delhi, Nov 18 : An interesting trend among superstar investors is their preference for companies with low or no debt, according to an analysis by Trendlyne.

This strategy of combining low debt with high revenue growth has yielded results for him.

Mid and small-cap stocks, known for their higher risk-reward ratio, have delivered high returns to investors like Kedia. Two of his top three holdings have risen by almost 100 per cent over the last year.

Kedia’s net worth increased by 65 per cent and 40 per cent in Q1 and Q2FY24, respectively. Overall, his portfolio has grown by 88 per cent over the past year, making him the second-best performer after Rekha Jhunjhunwala, according to Trendlyne.

Rekha Jhunjhunwala leads the pack with a 209 per cent surge in her net worth. This steep growth is largely due to inheriting her late husband Rakesh Jhunjhunwala’s portfolio and consistently increasing her stake in Titan (NS:TITN).

In addition, Titan and Tata Motors (NS:TAMO), her top two holdings, have risen by 24 per cent and 57 per cent over the past year.

Despite the high volatility in Q3 and Q4FY23, the one-year change in most superstar investors’ net worth has increased significantly overall. Their strategy of staying invested and adding investments when markets fell, has helped most superstar investors’ net worth grow in the past year, the analysis said.

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