Categories: Business

Shares that Vijay Kedia purchased and bought in Q2; examine checklist

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Ace investor Vijay Kedia purchased further shares in Elecon Engineering Firm whereas he trimmed stakes in Ramco Methods and Lykis within the September quarter, newest shareholding knowledge suggests. The seasoned investor stayed placed on at the very least 10 different shares.
 
As per knowledge publicly accessible with Trendlyne, Kedia owned 16 shares value Rs 767.50 crore. Two of his portfolio corporations are but to report their shareholding patterns.

Kedia elevated his stake in Elecon Engineering Firm to 21,75,000 shares or 1.94 per cent as of September 30 from 20,75,000 shares or 1.85 per cent as of June 30.
 
The ace investor was seen slashing his stake in Lykis to five,24,710 shares or 2.71 per cent within the September quarter from 18,07,911 shares or 9.33 per cent within the June quarter.

In Ramco Methods, he minimize his stake to 1.62 per cent (5,00,000 shares) from 1.95 per cent (6,01,436 shares) sequentially.

Kedia didn’t tinker along with his holdings in 10 corporations, which included his second-biggest holding Vaibhav International (1.95 per cent stake). Cera Sanitaryware (1.02 per cent), Mahindra Holidays & Resorts India (1.02 per cent), Sudarshan Chemical Industries (1.44 per cent), Repro India (7.09 per cent) and Neuland Laboratories (1.01 per cent) have been amongst his key holdings the place Kedia stayed put within the September quarter.

Atul Auto (1.47 per cent stake) and Panasonic Vitality India Firm (1.24 per cent) remained different two shares the place Kedia maintained a established order within the September quarter.

Additionally learn: Karur Vysya Financial institution shares reclaim Rs 100 mark after 4 years, here is why 

Additionally learn: Extra noise, much less informative: Aswath Damodaran on free money movement

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