Vijay Kishanlal Kedia, an Indian ace investor and his company Kedia Securities Pvt. Ltd are among the largest shareholders in several listed companies. He publicly holds a stake in more than 15 listed companies and has a net worth of over ₹ 667.3 crores.
Many investors follow the changes in the portfolios of ace investors to know about their buying and selling activity and learn from their strategies. Here are the top five holdings from Vijay Kedia’s portfolio:
Tejas Networks Ltd
Tejas Networks is Tata group company that designs, develops and manufactures high-performance optical and data networking products that are used by telecom service providers, utilities, government and defence networks.
Vijay Kedia holds a 2.3% stake as per the shareholding pattern for the latest quarter (October to December quarter of 2022). He has 35,00,000 shares in the company and his holdings are worth ₹ 211.4 crores as of Monday. Tejas Networks’ share price has increased by 51% in the past year.
Tejas Network’s shares were trading at ₹ 593 levels. With a market capitalization of ₹ 10,634 crores, it is a small-cap company. It has a negative return on equity of 4.09%, but an ideal debt-to equity ratio of 0.02. Its shares were trading at a price to earnings ratio of 202.57 which is significantly higher than the industry average of 22.46, indicating that the stock might be overvalued as compared to its peers.
Vaibhav Global Ltd
Vaibhav Global has created a niche for itself in the global retail space, especially in the jewellery, accessories and lifestyle product segments of two of the largest economies of the world – the US and UK.
Vijay Kedia holds a 2.0% stake as per the shareholding pattern for the latest quarter. He has 32,10,000 shares in the company and his holdings are worth ₹ 100.1 crores as of Monday. Vaibhav Global’s share price has decreased by 22.79% in the past year.
Vaibhav Global’s shares were trading at ₹ 307 levels. With a market capitalization of ₹ 5,157 crores, it is a small-cap company. It has an ideal return on equity of 22.74% and an ideal debt-to equity ratio of 0.14. Its shares were trading at a price to earnings ratio of 47.89 which is lower than the industry average of 60.39, indicating that the stock might be undervalued as compared to its peers.
Elecon Engineering Company Ltd
Elecon Engineering Company designs and manufactures material handling equipment and incraft carriers through the acquisition of benzlers – radicon group belonging to the david brown gear systems.
Vijay Kedia holds a 1.9% stake as per the shareholding pattern for the latest quarter. He has 21,75,000 shares in the company and his holdings are worth ₹ 84.3 crores as of Monday. The company’ share price has increased by 138.58% in the past year, giving multibagger returns.
Elecon Engineering Company’s shares were trading at ₹ 380 levels. With a market capitalization of ₹ 4,467 crores, it is a small-cap company. It has a return on equity of 14.27% and an ideal debt-to equity ratio of 0.05. Its shares were trading at a price to earnings ratio of 20.69 which is lower than the industry average of 37.79, indicating that the stock might be undervalued as compared to its peers.
Mahindra Holidays & Resorts India Ltd
Mahindra Holidays is a part of the Leisure and Hospitality sector of the Mahindra Group. It offers family holidays primarily through vacation ownership memberships.
Vijay Kedia holds a 1.0% stake as per the shareholding pattern for the latest quarter. He has 20,50,000 shares in the company and his holdings are worth ₹ 56.8 crores as of Monday. The company’ share price has increased by 30.42% in the past year.
Mahindra Holidays’ shares were trading at ₹ 275 levels. With a market capitalization of ₹ 5,607 crores, it is a small-cap company. It has an excellent return on equity of 40.37% but a high debt-to equity ratio of 6.96. Its shares were trading at a price to earnings ratio of 74.98 which is higher than the industry average of 59.80, indicating that the stock might be overvalued as compared to its peers.
Affordable Robotic & Automation Ltd.
Affordable Robotic & Automation is a turnkey automation solution provider for all kinds of industrial automation needs such as line automation, assembly line, conveyor, robotic inspection stations and so on.
Vijay Kedia held a 12.3% stake in the company in the July to September quarter of 2022. The filing for the latest quarter is awaited. He had 12,47,200 shares in the company and his holdings are worth ₹ 41.2 crores as of Monday. The company’ share price has increased by 113.44% in the past year, giving multibagger returns.
Affordable Robotic & Automation’s shares were trading at ₹ 328 levels. With a market capitalization of ₹ 352 crores, it is a micro-cap company. It has a low return on equity of 4.78% and an ideal debt-to equity ratio of 0.73. Its shares were trading at a price to earnings ratio of 65.33 which is lower than the industry average of 71.54, indicating that the stock might be undervalued as compared to its peers.
Written by Simran Bafna
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