Vijay Kishanlal Kedia’s portfolio is one of the most popular in the Indian stock market, both due to his reputation and the historical returns his portfolio has delivered over the years.
According to the most recent corporate shareholdings filings, Vijay Kedia publicly holds 16 stocks valued at more than Rs. 1,498.7 crore.
The ace investor Vijay Kedia has recently added Mahindra Holidays & Resorts India Limited to his portfolio, as per the shareholding data reported with the exchanges.
As of March 2024, Vijay Kedia holds 20.25 lakh equity shares in the company, representing nearly 1 percent of the equity stake.
With a market capitalisation of Rs. 8,1023.3 crore, the company’s share price moved up by 1.8 percent in the morning trading session of Monday to Rs. 407, compared to its previous closing price of Rs. 399.8. At 09:57.m., the stock was trading in the green at Rs. 401.55, up by 0.46 percent on NSE.
The company has delivered positive returns of around 33.9 percent in the last one year and nearly 4.01 percent, so far in 2024. However, it has given negative returns of about 1.6 percent in the last six months.
In terms of financials, the net profit grew by nearly 178.6 percent YoY from a loss of Rs. 14 crore in Q3 FY22-23 to Rs. 11 crore in Q3 FY23-24, accompanied by an increase in the revenue from operations of 5.5 percent YoY, from Rs. 602 crore in Q3 FY22-23 to Rs. 635 crore in Q3 FY23-24.
As of March 2024, FIIs hold 5.26 percent of the shares, whereas DIIs hold 10.7 percent of the shares in the company, aggregating to 15.96 percent of the institutional holdings.
The Promoters’ holdings have remained unchanged at 66.77 percent over the previous two quarters, while the Public holdings decreased by 0.14 percent, from 17.21 percent in Q3 FY23-24 to 17.07 percent in Q4 FY23-24.
Mahindra Holidays & Resorts India Ltd. (MHRIL) is a part of the Leisure and Hospitality sector of the Mahindra Group. The company offers family holidays primarily through vacation ownership memberships.
