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.
Liquidity has flowed to a few stocks which have shown relatively better earnings, and over the long-term experts feel that stock prices will mimic earnings growth.
I am fully invested. And, honestly speaking, I am sad as all my investments are down, but I am hopeful, says Vijay Kedia in an interview with Kshitij Anand.
His actions in the June quarter reflects his investing philosophy as he has kept his stake constant in most of the companies. Kedia is a believer in the principles of Chinese Bamboo Tree investing and SMILE
As we approach 2019 general elections, analysts are of the view that a full majority looks tough, but the possibility of a coalition government is likely and that would infuse volatility in market
Everest Industries, Repro India Ltd, Sudarshan Chemicals Industries, Vaibhav Global etc. in my biased view are doing well and moving into a high growth era, says Kedia.
Vijay Kedia tells Kshitij Anand of Moneycontrol.com that his guru mantra lies in investing like a bull, sitting like a bear and watching like an eagle.
This being a last budget before general election looks very interesting. People are expecting it to be a populist budget. But looking at the history of Mr. Chidambaram it appears that this should be a populous budget with sops to restart infrastructure cycle and reforms to control fiscal deficit.
Three wheeler manufacturer, Atul Auto today reported 65 per cent surge in the net profit at Rs 15.59 crore for the FY:2011-12 ending March, on back of higher sales.
We expect that 2% excise duty, especially on three wheelers, should not be raised as it is the cheapest and safest mode of transportation, says Vijay Kedia, Director, Atul Auto.
The government's move to divest its stake in beleaguered Scooters India Ltd is running into rough weather, with another possible bidder Atul Auto today saying it will pull out of the race if the process takes long.
Vijay Kedia, director of the Rajkot-based auto company, in an exclusive interview, said, "the company had exposure only in the three-wheeler space. Hence, we are diversifying portfolio to high-growth businesses."