In Q2FY25, renowned investor Vijay Kedia’s portfolio stock saw a notable increase in foreign institutional investors (FIIs) stake, signaling growing confidence in the company’s potential. As of September, Vijay Kedai holds approximately Rs. 1,742 crore worth of shares across 15 companies in India.
In Q2 FY25, the stock held by Vijay Kedai saw an increase in stake by FIIs as follows:
Sudarshan Chemical Industries Ltd:
With a market capitalization of Rs. 6,701.20 crores, Sudarshan Chemical Industries Ltd closed at Rs. 968 up 0.28 percent from its previous close of Rs. 965.25 per share.
The company is the largest producer of pigments in India, the Company manufactures an extensive range of Organic, Inorganic, and effective pigments and dispersions catering to the Coatings, Plastics, Inks, and Cosmetics Industries worldwide.
According to Q2 shareholding data, Vijay Kedia holds a 1.44 percent stake in the company with 10 lakh equity shares, valued at Rs. 96.53 crore. Additionally, FIIs have increased their stake to 8.35 percent from 6.71 percent in the June quarter reflecting a rise of 1.64 percent.
For Q2FY25 the company reported a net profit increase of 67.4 percent to Rs. 29.9 crores compared to Rs. 17.86 crores in Q2FY24, while revenue from operations marked an increase of 15.8 percent to Rs. 688.91 crores from Rs. 594.75 crores in comparison to the same period.
Neuland Laboratories Limited:
With a market capitalization of Rs. 17,827.13 crores, Neuland Laboratories Limited closed at Rs. 13,895 down 0.40 percent from its previous close of Rs. 13,950.85 per share.
The company is engaged in manufacturing and selling bulk drugs and caters to both domestic and international markets.
According to Q2 shareholding data, Vijay Kedia holds a 1.01 percent stake in the company with 1.3 lakh equity shares, valued at Rs. 181.36 crore. Additionally, FIIs have increased their stake to 26.46 percent from 25.72 percent in the June quarter, reflecting a rise of 0.74 percent.
In Q1FY25, the company reported a 58.1 percent increase in net profit to Rs. 97.87 crores, compared to Rs. 61.88 crores in Q1FY24, while revenue from operations marked an increase of 21.1 percent to Rs. 439.6 crores from Rs. 362.99 crores in comparison to the same period.
Elecon Engineering Company Ltd:
With a market capitalization of Rs. 12,340.87 crores, Elecon Engineering Company Ltd closed at Rs. 549.95 down 2.49 percent from its previous close of Rs. 564.00 per share.
The Company is involved in the design and manufacturing of material handling equipment and industrial gears and in providing erection and commissioning solutions for its products.
According to Q2 shareholding data, Vijay Kedia holds a 1.29 percent stake in the company with 29 lakh equity shares, valued at Rs. 163.56 crore. Additionally, FIIs have increased their stake to 9.84 percent from 9.10 percent in the June quarter, reflecting a rise of 0.74 percent.
For Q2FY25 the company reported a net profit decrease of 0.95 percent to Rs. 87.72 crores compared to Rs. 88.57 crores in Q2FY24, while revenue from operations marked an increase of 4.7 percent to Rs. 508.14 crores from Rs. 484.9 crores in comparison to the same period.
Written By Joseph Pv
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