Vijay Kedia has most of his investments in Mid and Small-cap Companies because they are more likely to have high growth potential and exponential growth matching their investment standards. His net worth has fallen by 25.7 Percent from 1,770 Crore to 1,408 Crore since the market started to fall.
Mid and Small Cap fall from its 52-week High
The Nifty Mid-cap 150 Index has fallen over 18.24 percent from its 52-week High of Rs. 22,515 and the NIfty Small-cap 250 Index has fallen 22.72 percent from its 52-week high of 18,688.
Reasons for Market Decline
The Indian stock markets have been under pressure due to continuous selling by Foreign Institutional Investors (FIIs). One of the key reasons is the strengthening of the US dollar, which makes emerging markets less attractive. Additionally, concerns over a slowdown in corporate earnings growth, global economic uncertainties, and high valuations of Indian stocks compared to other emerging markets have further contributed to the market decline.
5 Major Stock Holdings of Vijay Kedia and their Performance
1. Atul Auto
Atul Auto Limited is an Indian manufacturer specializing in three-wheeled commercial vehicles, commonly known as auto-rickshaws. Established in 1986 and headquartered in Rajkot, Gujarat.
His Current holding value stands at Rs. 270.10 Crore representing 20.90 percent of the company’s total shareholding. The stock has fallen 44.54 percent from the 52-week high of Rs.844.
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2. TAC Infosec
TAC Infosec Limited, formerly known as TAC Security, is a prominent Indian cybersecurity firm specializing in risk-based vulnerability management and assessment solutions.
His Current holding value stands at Rs. 204.50 Crore representing 14.6 percent of the company’s total shareholding for the September quarter. The stock has fallen 8.51 percent from the 52-week high of 1421.
3. Tejas Networks
Tejas Networks Limited, founded in 2000 and headquartered in Bengaluru, Karnataka, is a prominent Indian company specializing in the design and manufacture of high-performance wireline and wireless networking products.
His Current holding value stands at Rs. 176.6 Crore representing 1.30 percent of the company. The stock has fallen 49.16 percent from the 52-week high of Rs. 1495.
4. Neuland Labs
Neuland Laboratories Limited, established in 1984 and headquartered in Hyderabad, India, is a prominent global provider of active pharmaceutical ingredients (APIs) and contract development and manufacturing services (CDMO).
His Current holding value stands at Rs. 152.90 Crore representing 1.0 percent of the company. The stock has fallen 35.91 percent from the 52-week high of Rs. 18,100.
5. Elecon engineering
Elecon Engineering Company Limited, established in 1951, is a prominent Indian multinational specializing in the manufacturing of industrial gears and material handling equipment.
His Current holding value stands at Rs. 110.30 Crore representing 1.10 percent of the company. The stock has fallen 39.10 percent from the 52-week high of Rs. 739.
Written By Abhishek Das
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