Exchange data showed that Kedia bought 7.25 lakh shares of the company at Rs 545.97 apiece on September 22
Ace investors Vijay Kedia and Ashish Kacholia have starkly opposite views on the newfangled phenomenon of SME IPO frenzy
Deepak Shenoy also said that regulations need to support more and frequent disclosures from the SMEs looking to tap the IPO route. Promoters should be fined for poor disclosures, Shenoy suggested.
Vijay Kedia believes that a market correction has been on the horizon, but the flow of money has not been allowing any meaningful pullback.
"We anticipate demand uptick in balance 9M of FY25 to recoup the revenue loss in Q1FY25," said Elecon Engineering.
Capital gains tax changes always take center stage in market discussions before the presentation of Union Budget each year. This year is no exception, with market veterans like Samir Arora, Raamdeo Agarwal, and Vijay Kedia weighing their expectations on potential capital gains tax reforms
In terms of investment strategy, Kedia believes that the best strategy would be to focus on sectors that are high priority for the new government
With the massive subscription, TAC Security has become the seventh most subscribed IPO of 2024 in the SME segment
Vijay Kedia says he is worried about newcomers in the market who go to the stock market for trading in futures and options
It is in connection with the sale of paired contracts in the now defunct NSEL
Amid the rising interest of investors towards mid-cap and small-caps, Kedia flagged caution for new investors getting tempted by 'Bhangaar cap' stocks that are never talked about and looked at
The veteran investor picks stocks on the decline, provided they have underlying strength, and then waits for them to get back to their full potential. His strategy is to look at the long term
Vijay Kedia said that with the growing number of investors in the F&O space, some level education and regulation is needed, or else it risks becoming a gambling pit for those looking to make easy money
The market expert believes that currently these themes are only at the early stages of take-off and are poised for a good run owing to increasing government capex
The matket expert is bullish on the infrastructure sector which is riding on the crest of increased government spending and igniting private capex.
The market expert believes that the bull market is just like the Shatabdi or Vande Bharat trains which travel long distances with stops in between.
The small-cap stock has been a multibagger, flushing out 285.76 percent returns over the the last three years.
The company has been picked as one of the suppliers by Convergence Energy Services
Taking Ronald Reagan's 'trust but verify' advice to the next level, veteran investor Vijay Kedia sent his children to Saurashtra in Gujarat instead of Switzerland for their honeymoon for an interesting reason.
IT stocks have remained under stress despite the indexes scaling to new highs over the past few days. HCL Technologies, Tech Mahindra, Infosys, Wipro and Hindalco Industries were the top losers in the last market session.
Long-time friend and veteran investor recalls his evenings and conversations with the Big Bull
The rights were transferred by Kedia to the BSE for a nominal fee of Re 1.
People lost their fortunes, which they built in 30, 40 years, in one year. In one scam, you could lose all your things, all your savings of 30, 40, 50 years. So, one should always avoid these kinds of stocks, these kind of operations.
The scam was severe, and it left a permanent scar on the capital market, said Vijay Kedia
Karur Vysya Bank fell more than 40% so far in the year 2020, and Prozone Intu Properties fell by about 20%. On the other hand, Birlasoft rose 70% while Vaibhav Global rallied by about 90% in the same period.