Vijay Kishanlal Kedia publicly holds 14 stocks with a net worth of over Rs. 1,405.9 Crores and he uses the SMILE approach in his portfolio investments – ‘small in size, medium in experience, large in aspiration, and extra-large in market potential’. Here are 4 stocks held by him under Rs. 250.
Patel Engineering
Patel Engineering Limited is engaged in the business of construction of dams, bridges, tunnels, industrial structures, and other kinds of heavy civil engineering works.
With a market capitalization of Rs. 5,530 Crores, the shares of Patel Engineering Limited closed at Rs. 71.48, down 1.11 percent from its previous day’s close price of Rs. 72.28.
Ace Investor Vijay Kedia holds a 1.68 percent stake in the company consisting of 1.3 Crore equity shares of the company. He took a fresh entry into the company in the March 2023 Quarter by purchasing a 1.29 percent stake consisting of 1 Crore equity shares
Its revenue from operations grew 24.31 percent from Rs. 3,380 Crores in FY22 to Rs. 4,202 Crores in FY23, accompanied by increasing profits of Rs. 72 Crores to Rs. 183 Crores.
It has reported a return on equity (ROE) of 6.93 percent and a return on capital employed (ROCE) of 13.7 percent, it is making decent returns on its equity and capital employed.
Om Infra
Om Infra Limited is engaged in diverse business activities related to hydro-mechanical equipment, turnkey solutions for real estate, hotels, power developments, engineering, and many more.
With a market capitalization of Rs. 1,338 Crores, the shares of Om Infra Limited closed at Rs. 138.90, down 1.73 percent from its previous day’s close price of Rs. 141.35.
Ace Investor Vijay Kedia holds a 2.56 percent stake in the company consisting of 24.65 lakh equity shares of the company. He took a fresh entry into the company in the September 2023 Quarter by purchasing a 2.56 percent stake consisting of 24.65 lakh equity shares
Its revenue from operations grew 155 percent from Rs. 313 Crores in FY22 to Rs. 799 Crores in FY23, accompanied by profits of Rs. 26 Crores to Rs. 13 Crores.
It has reported a return on equity (ROE) of 0.94 percent and a return on capital employed (ROCE) of 5.23 percent, it is not making good returns on its equity and capital employed, due to inconsistent revenue and profits being generated.
Innovators Facade Systems
Innovators Facade Systems Limited is in the business of designing, engineering, fabricating, supplying, and installation of facade systems.
With a market capitalization of Rs. 410 Crores, the shares of Innovator Facade Systems Limited closed at Rs. 217.40, up 0.16 percent from its previous day’s close price of Rs. 217.40
Ace Investor Vijay Kedia holds a 10.66 percent stake in the company consisting of 20.10 lakh equity shares of the company. He took a fresh entry into the company in the June 2018 Quarter by purchasing a 7.59 percent stake consisting of 14.31 lakh equity shares.
Its revenue from operations grew 103 percent from Rs. 89 Crores in FY22 to Rs. 181 Crores in FY23, accompanied by profits of Rs. 2 Crores to Rs. 8 Crores.
It has reported a return on equity (ROE) of 6.68 percent and a return on capital employed (ROCE) of 9.96 percent, it is not making decent returns on its equity and capital employed.
Precision Camshafts
Precision Camshafts Limited is engaged in the business of manufacturing and supplying of camshaft castings, machined camshafts, and many more to the auto and railway industry.
With a market capitalization of Rs. 2,142 Crores, the shares of Precision Camshafts Limited closed at Rs. 225.55, down 1.96 percent from its previous day’s close price of Rs. 230.05.
Ace Investor Vijay Kedia holds a 1.2 percent stake in the company consisting of 1.1 lakh equity shares of the company. He took fresh entry into the company in the March 2023 Quarter by purchasing a 1.05 percent stake consisting of 1 lakh equity shares.
Its revenue from operations grew 155 percent from Rs. 313 Crores in FY22 to Rs. 799 Crores in FY23, accompanied by profits of Rs. 26 Crores to Rs. 13 Crores.
It has reported a return on equity (ROE) of 6.55 percent and a return on capital employed (ROCE) of 8.30 percent, it is making decent returns on its equity and capital employed.
Write by: Bharath K.S
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