Mid-cap rally fuels rise of new billionaires

Motilal Oswal founders, Mammen, Nimesh Kampani & Ravi Jaipuria enjoy net worth of over Rs 6,540 cr

Deepak Korgaonkar & Puneet Wadhwa  |  Mumbai/New Delhi 

The sharp rally in mid- and small-cap stocks in 2017 has not only made investors rich but also added to the fortunes of promoters of listed companies. And, many of them have joined the exclusive club of dollar billionaires.   Motilal Oswal and Raamdeo Agrawal of Motilal Financial Services, K M Mammen of MRF, Nimesh Kampani of JM Financial Services, R G Chandramogan of Hatsun Agro Products, and V C Nannapaneni of Natco Pharma are some of the new additions to the dollar billionaires’ club, who enjoy a net worth of over Rs 6,450 crore or $1 billion.  This has ...

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Mid-cap rally fuels rise of new billionaires

Motilal Oswal founders, Mammen, Nimesh Kampani & Ravi Jaipuria enjoy net worth of over Rs 6,540 cr

Motilal Oswal founders, Mammen, Nimesh Kampani & Ravi Jaipuria enjoy net worth of over Rs 6,540 cr The sharp rally in mid- and small-cap stocks in 2017 has not only made investors rich but also added to the fortunes of promoters of listed companies. And, many of them have joined the exclusive club of dollar billionaires.   Motilal Oswal and Raamdeo Agrawal of Motilal Financial Services, K M Mammen of MRF, Nimesh Kampani of JM Financial Services, R G Chandramogan of Hatsun Agro Products, and V C Nannapaneni of Natco Pharma are some of the new additions to the dollar billionaires’ club, who enjoy a net worth of over Rs 6,450 crore or $1 billion.  This has ... image
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