Vijay Kedia is an Investor trader also known by the alias of the ‘Master market’. Although Vijay was born into a family of stockbrokers his journey has been rather interesting and inspiring.
Kedia has a very interesting investing strategy he calls ‘SMILE’, which is an abbreviation for Small in size, Medium in experience, Large in aspiration, and Extra-large in market potential. As per the latest shareholdings pattern, Vijay Kedia publicly holds over 17 stocks with a net worth of over Rs. 1,639.1 crores.
Listed below are stocks in which Vijay Kedia decreased his stake during Q4FY24:
Elecon Engineering Company
With a market capitalization of Rs. 12,813 crores, the shares of power transmission manufacturing company started Thursday’s trading session on a flatter note at Rs. 1,149 compared to its previous close of Rs. 1,148. During the trading session, the shares hit a low of Rs. 1,130.05, losing around 1 percent and closed the day at Rs. 1,142 apiece.
Looking at the company’s financial statements, the revenue increased by 19 percent from Rs. 474 crores during the December quarter to Rs. 565 crores in the March quarter. In addition, the net profits zoomed by 16 percent from Rs. 90 crores to Rs. 104 crores during the same period.
According to the BSE data, Ace Investor Mr Vijay Kedia entered the stock in June 2021. During the recent quarter, the ace investor has decreased his stake by 0.13 percent from 1.47 percent during the December quarter to 1.34 percent during the March quarter and the current holding value of his investment amounts to Rs. 171.7 crores.
Om Infra Ltd
With a market capitalization of Rs. 1,355 crores, the shares of the Real Estate company started Thursday’s trading session on a higher note at Rs. 143.90 compared to its previous close of Rs. 141.25. During the trading session, the shares hit a high of Rs. 145.95, gaining around 2 percent and closed the day at Rs. 140.75 apiece.
Looking at the company’s financial statements, the revenue decreased by 3 percent from Rs. 279.80 crores during the September quarter to Rs. 271.51 crores in the December quarter. In addition, the net profits declined by 74 percent from Rs. 23.68 crores to Rs. 6.14 crores during the same period.
According to the BSE data, Ace Investor Mr Vijay Kedia entered the stock in September 2023 via Kedia Securities Private Limited. During the recent quarter, the ace investor has decreased his stake by 0.07 percent from 2.56 percent during the December quarter to 2.49 percent during the March quarter and the current holding value of his investment amounts to Rs. 34.2 crores.
Patel Engineering Ltd
With a market capitalization of Rs. 5,036 crores, the shares of the infrastructure company started Thursday’s trading session on a flatter at Rs. 64.75 compared to its previous close of Rs. 64.35. During the trading session, the shares hit a high of Rs. 66.20, gaining around 2 percent and closed the day at Rs. 65.10 apiece.
Looking at the company’s financial statements, the revenue increased by 4 percent from Rs. 1,021 crores during the September quarter to Rs. 1,061 crores in the December quarter. In addition, the net profits zoomed by 82 percent from Rs. 38 crores to Rs. 69 crores during the same period.
According to the BSE data, Ace Investor Mr Vijay Kedia entered the stock in December 2022 via Kedia Securities Private Limited. During the recent quarter, the ace investor has decreased his stake by 0.13 percent from 1.68 percent during the December quarter to 1.55 percent during the March quarter and the current holding value of his investment amounts to Rs. 78.2 crores.
Neuland Laboratories Ltd
With a market capitalization of Rs. 9,099 crores, the shares of the pharmaceutical company started Thursday’s trading session on a higher note at Rs. 7,225 compared to its previous close of Rs. 7,220.15. During the trading session, the shares hit a low of Rs. 7,050, losing around 2 percent and closed the day at Rs. 7,092.15 apiece.
Looking at the company’s financial statements, the revenue decreased by 6 percent from Rs. 418 crores during the September quarter to Rs. 393 crores in the December quarter. In addition, the net profits declined by 9 percent from Rs. 89 crores to Rs. 81 crores during the same period.
According to the BSE data, Ace Investor Mr Vijay Kedia entered the stock in December 2019 via Kedia Securities Private Limited. During the recent quarter, the ace investor has decreased his stake by 0.16 percent from 1.25 percent during the December quarter to 1.09 percent during the March quarter and the current holding value of his investment amounts to Rs. 99.3 crores.
Written By Vaibhav Patil
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
