According to reports from The Economic Times, Hemendra Kothari and Mukul Agrawal emerged as the worst-hit among prominent investors during the January-March quarter. Their portfolio values dropped over 25% during this period, marking significant losses for these established market participants. The sharp decline reflects the broader market downturn that affected many investors during this quarter.
As reported by The Economic Times, Madhusudan Kela's portfolio declined 21% during the same quarter, representing a substantial reduction in his holdings. The analysis, based on data from primeinfobase.com, considered holdings where investors owned more than 1% equity in listed companies. This methodology ensured the focus remained on significant positions rather than minor stakes.
According to The Economic Times, this period marked a sharp market downturn impacting many investors. The broad-based decline across markets contributed to the significant portfolio reductions experienced by these prominent investors. The timing of the quarter coincided with challenging market conditions that affected both large and small investors alike.
As reported by The Economic Times, the portfolios of the late Rakesh Jhunjhunwala's family and Anil Kumar Goel were the least impacted during this quarter. These investors experienced the least affected holdings among the prominent investors tracked, suggesting their investment strategies or portfolio composition provided better resilience during the market downturn.
