VIJAY KEDIA NEWS

Fertiliser stocks surged by up to 9% on Wednesday following reports of anticipated relief for the sector through Goods and Services Tax (GST) rate rationalization, expected to be discussed at the GST Council meeting scheduled for June 22, Saturday.

Infosys, TCS and HCL Tech remain top picks of brokerage firm Kotak Institutional Equities followed by Cyient in the mid-tier segment amid an extended outlook for weak demand and macro uncertainty in the IT sector.

Kedia brought his stake to 1% in Mahindra Holidays & Resorts India in the previous quarter. Kedia may have exited the stock in Q3 or brought his stake below 1%. He held 1.02% of the company as of September 30, 2023.

BofA Securities has invested in TAC Security, a recent debutant on the NSE SME platform, through its fund – BofA Securities Europe SA.

The allotment for the SME IPO of Vijay Kedia-backed TAC Infosec, which has seen overwhelming response, will be finalised on Wednesday. On the allotment date, investors get to know about the number of shares allotted to them as against the bids made.

The SME IPOs of TAC Infosec and Radiowalla Network, backed by marquee investors Ashish Kacholia and Vijay Kedia, received massive responses from investors on Tuesday, the final day of the bidding process. Both the issues closed today.

The IPO of TAC Infosec saw an overall subscription of 17 times so far on the second day of bidding. Radiowalla Network IPO got over 10x subscriptions.

Describing the musical as a tribute born out of admiration for MOFSL’s pioneering spirit and dedication to research-backed advisory, he said both the founders’ unwavering commitment to wealth creation for their clients through equity advisory has be...

Vijay Kedia, MD of Kedia Securities, comments on the budget and stock market alignment. The FM has named sectors that are moving in the market, aligning with the government's goal of making India the third largest economy. Tourism receives a special...

Ace investor Vijay Kedia-backed TAC Security has filed its draft red herring prospectus with NSE Emerge to raise funds through an IPO. Vijay Kedia owns 15% of the company.

The smallcap stock has given multibagger returns of 110% over the last 12 months versus Nifty50 which has given just over 4% returns during this period according to Trendlyne data.

On a 6-month basis, Rajasthan-based Om Infra's net profit jumped more than 34 times to Rs 38.20 crore. Revenue from operations spiked 175% to Rs 522 during the period under review.

“Everything is cyclical or even FMCG is cyclical. Between 2003 and 2009, Hindustan Lever gave zero percent return and between 2002 and 2022, Wipro gave zero percent return. In some sectors there are shorter cycles, maybe one year or two years and in...

“For me, there is no purn viram, it is not a full stop. I will sell all my shares and go back and do something else. This is my life. This is my business. I have realised one thing. This concept of bull market and bear market is all rubbish. There i...

Shares of Urja Global surged 20% after announcing an agreement with Tesla Power India for manufacturing and supplying batteries under the Tesla Power USA brand. Urja Global will be the manufacturer and supplier partner of batteries in India. The sma...

According to disclosures made to stock exchanges, Kedia acquired 16,83,502 shares of the company on March 15. Before the acquisition, he held a 1.5% stake and his total shareholding in the auto company has gone up to 8.43%

Vijay Kedia, multibagger hunter and top value investor, believes that the market is in a confusing state and that the only thing to look out for is the bottom. He is cautious about investing in new-age stocks, as their valuations are still high desp...

The company is in the right place at the right time and with the right products. The trend has just started. I am confident that Atul Auto has made India’s Tesla in three-wheelers,” said the investor, who is also a director in the company.

At the end of March 2022 quarter, Kedia held 14.40 lakh shares or a 14.15% stake in the company. The investor has pared his position in the company by 1.9%.Kedia holds 16 stocks with an estimated net worth of more than Rs 772.6 crore, Trendlyne data...