Vijay Kedia Earned Crores From Penny Stock below Rs 100

Suddenly, Vijay Kedia became the topic of the town after he invested in the penny stock and made INR 4,83,31875. Yes, you heard it right, a penny stock earned him crores of rupees in just 21 days. Reportedly, Vijay Kedia’s penny stock witnessed a growth of 140 percent. Meanwhile, investors have been left curious to know who Vijay Kedia and what is the name of the penny stock that he bought at Rs 61.70. In this article, we will tell you everything about Vijay Kedia from his background to his current position. In addition, you will also learn about his game-changing investment. Continue reading this article and learn more details.

Vijay Kedia

The stock that Vijay Kedia bought is up by 140 percent in just 6 months whereas BSE Sensex Index is up by 14.81 percent, which is sensational. On Monday, September 25, 2023, the share was locked in an upper circuit at Rs 81.30 from its previous closing of Rs 79.71, a 52-week high record. On September 4, 2023, Vijay Kedia bought 24,65,912 shares of a company at Rs 61.70 per share for Rs 15.21 crore. As of Monday, September 25, 2023, the stock was trading on the BSE at Rs 81.30 per share which means the total value of the shares that Vijay Kedia owns is now approximately Rs 20.04 crore. Therefore, Vijay Kedia made a profit of Rs 4,83,31,875 in just 21 days.

Who Is Vijay Kedia?

Vijay Kedia is an investor, philanthropist, and entrepreneur who founded Kedia Securities Ltd, a Mumbai-based investment firm. People also recognize him for his long-term investing strategy. So far, he has amassed a profitable portfolio of investments in firms like Maruti Suzuki, Reliance Industries, and Titan. In addition, Vijay also works as a mentor to several new entrepreneurs with whom he has invested in some start-ups as well.

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Kedia’s portfolio is admired for his long-term investing strategy. He often seeks organizations with excellent management, solid fundamentals, and a promising future. Vijay believes in diversifying his portfolio across sectors and markets. Hence, he has stakes across a wide range of industries. As mentioned, Kedia Securities Ltd has also invested in several start-ups.

He was born into a family of stockbrokers with a small business. From his childhood, he has been fascinated by trading and stocks. He was reportedly just 14 years old when he stepped into the financial market and started trading with the help of his grandfather. Later, he took over the company after his father’s sudden demise.

Amzad Khan
Amzad Khan

Hey there, guys. I am Amzad Khan. I enjoy writing on topics related to my interests in gaming and technology. My work has attracted a dedicated fan base thanks to the fresh and unexpected angle I bring to each piece.