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Business News/ Markets / Stock Markets/  Vijay Kedia portfolio: Ace investor picks stake in multibagger airline stock in Q4FY24
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Vijay Kedia portfolio: Ace investor picks stake in multibagger airline stock in Q4FY24

Vijay Kedia portfolio: Ace investor has bought this mutibagger stock in an individual capacity and in the name of his company Kedia Securities during Q4FY24

Vijay Kedia portfolio: In this multibagger stock, the ace investor owns a 1.46% stake whereas an additional 1.46% stake is shown against his company Kedia Securities. (Photo: Courtesy Vijay Kedia twitter)Premium
Vijay Kedia portfolio: In this multibagger stock, the ace investor owns a 1.46% stake whereas an additional 1.46% stake is shown against his company Kedia Securities. (Photo: Courtesy Vijay Kedia twitter)

Vijay Kedia portfolio: As Q4 results 2024 kickstarted with the announcement of TCS results, retail investors would be busy scanning portfolios of ace investors as it gives them an idea about the direction in which the smart money has flown in the recently ended quarter. For such investors, there is a piece of stock market news. Ace investor Vijay Kedia's name has appeared in the shareholding pattern of the airline company Global Vectra Helicorp Limited. Vijay Kedia has invested in this multibagger stock through his company Kedia Securities and in an individual capacity as well. Vijay Kedia holds a 1.46 percent stake in the company in an individual capacity whereas he holds a 1.46 percent stake in the name of his company Kedia Securities.

Vijay Kedia shareholding

According to the shareholding pattern of Global Vectra Helicorp Limited for the January to March 2024 quarter, Vijay Kedia owns 2,04,400 shares or 1.46 percent stake in the company in an individual capacity. However, his company Kedia Securities also holds 2,04,900 company shares or 1.46 percent stake in this multibagger airline stock. In the shareholding pattern of the airline company for the October to December 2023 quarter, both these names were missing. This means Vijay Kedia picked a stake in the airline company during the recently ended March 2024 quarter.

On whether he bought all these Global Vectra Helicorp shares in the recently ended quarter or he owned some shares of the company earlier also, Vijay Kedia said, “Had bought some shares of the company in the previous quarter also."

This means, Vijay Kedia has accumulated these Global Vectra Helicorp shares in the last two quarter, or from October 2023 to March 2024 period.

Global Vectra share price history

Global Vectra shares are one of the multibagger stocks that the Indian stock market has produced in recent years. In the last one month, this multiibagger Vijay Kedia stock has risen over 40 percent whereas, in the the YTD time, it has delivered a little over 20 percent returns to its shareholders. In one year, Global Vectra share price has ascended from nearly 54 apiece to 158.75 per share on NSE, logging around a 200 percent rise in this time frame.

On Friday last week, this multibagger Vijay Kedia portfolio stock touched a 5 percent upper circuit and climbed to its new lifetime high of 158.75 apiece on NSE. This multibagger stock is available for trade on both NSE and BSE. It ended on Friday with a market cap of 222 crore and its trade volume on NSE was 39,502 on the last session of the previous week. This means, this is a low float stock and can move either way on a small trigger. The 52-week low of this Vijay Kedia stock is 54 while its 52-week high is 158.75 apiece, which is its lifetime high as well.

Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.

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ABOUT THE AUTHOR
Asit Manohar
Chief Content Producer at Live Mint Digital Team
Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
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Published: 13 Apr 2024, 02:20 PM IST
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