Vijay Kedia Sells Stakes in 2 Cos, Picks Fresh Stake in Talbros Automotive in Q3

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Vijay Kedia Sells Stakes in 2 Cos, Picks Fresh Stake in Talbros Automotive in Q3

By Malvika Gurung

Investing.com -- Ace investor Vijay Kishanlal Kedia appears to have exited two stocks in the quarter ending December 2021, as per the shareholding data released by companies. 

According to the latest shareholding data released by Cera Sanitaryware (NS: CERA ) and Elecon Engineering Company (NS: ELCN ), the renowned investor’s name was missing from the key shareholders’ list for Q3.

This happens either if a shareholder exits the stock, or their shareholding in the company falls under 1%.

On Sept 30, 2021, Kedia held a 1.04% stake in the home solution products provider Cera Sanitaryware, or 1.35 lakh equity shares, and 13 lakh shares or a 1.16% stake in the industrial equipment manufacturer Elecon Engineering Company.

The stock of Elecon Engineering Company has rallied 285% in the past year, while the other company, Cera Sanitaryware, has surged over 45% in the past week.

Besides, Kedia has purchased a fresh stake in the auto parts company Talbros Automotive Components (NS: TALB ), picking a 2.27% stake or 2.8 lakh shares in Q3.

The ace investor has also reduced a 0.4% stake in the print solutions provider Repro India (NS: RPRO ), bringing down his shareholding to 7.1% in Q3.

As per Trendlyn data, Kedia publicly holds 14 stocks with a net worth of over Rs 633.7 crore.

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100
  • KHURSHID FAROOQUI @KHURSHID FAROOQUI
    good
    Like 0
  • Sukanta Roy @Sukanta Roy
    I don't think its the right decision to reduce stake from ELCN.
    Like 0
  • Suddu Yadav @Suddu Yadav
    yaaa good
    Like 0
  • Suddu Yadav @Suddu Yadav
    yaaa good
    Like 0

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