6 Vijay Kedia stocks that have delivered upto 248% returns in 2024; Do you own any?

Vijay Kishanlal Kedia is a prominent Indian investor known for his keen stock market insights and strategic investments. With a net worth of over Rs. 1,976.2 crore, Kedia has built a successful portfolio by focusing on companies with strong management and high growth potential. His investment approach and market success have earned him widespread recognition. 

Here are some Vijay Kishanlal Kedia stocks that have given returns up to 248% in the calendar year:

1. TAC Infosec Limited 

With a market capitalization of Rs.1,057.44 crores, TAC Infosec Limited’s share price opened at Rs.1,112.45  per share, hitting a 5 percent upper circuit from its previous close of Rs.1,059.50. In the calendar year, the stock has given a return of 247.95 percent. 

As of September 2024, Ace investor Vijay Kedia has made a fresh stake of 14.6 percent in the company, which had a holding value of Rs. 154.4 crore with ownership of 15,30,000 shares. The company has reported a revenue of Rs. 12 crore in FY24. The net profit reached Rs. 6 crore in FY24. 

TAC Infosec Limited was founded in 2016 and transitioned to a public company in 2023. The company specializes in vulnerability management and cybersecurity solutions. The company provides advanced security services to help businesses safeguard their systems from cyber threats. 

2. Neuland Laboratories Limited 

With a market capitalization of Rs.19,647.44 crores, Neuland Laboratories Limited’s share price currently trades at Rs.14,817.25 per share, down by 0.77 percent from its previous close of Rs.14,828.80. In the calendar year, the stock has given a return of 187.19 percent. 

As of September 2024, Ace investor Vijay Kedia has held a stake of 1 percent in the company, which had a holding value of Rs. 203.4 crore, with ownership of 1,30,000 shares. 

The company’s revenue has increased by 30.9 percent, from Rs. 1,191 crore in FY23 to Rs. 1,559 crore in FY24. The net profit reached Rs. 300 crore in FY24, which has grown by 82.93 percent as compared to FY23. 

Neuland Laboratories was established in 1984 and is headquartered in Hyderabad. The company manufactures active pharmaceutical ingredients (APIs) and provides contract development and manufacturing services for domestic and international markets. 

3. Global Vectra Helicorp Limited

With a market capitalization of Rs. 445.20 crores, Global Vectra Helicorp Limited’s share price closed at Rs.311.80 per share on Monday, down by 2 percent from its previous close of Rs.318.15 each. In the calendar year, the stock has given a return of 145.37 percent. 

As of September 2024, Ace investor Vijay Kedia has held a stake of 4.9 percent in the company, which had a holding value of Rs. 21.9 crore, with ownership of 6,79,218 shares. 

The company’s revenue has increased by 22.38 percent, from Rs. 411 crore in FY23 to Rs. 503 crore in FY24. The company has converted its net loss into net loss, from Rs. -17 crore in FY23 to Rs. 1 crore in FY24 

Global Vectra Helicorp Limited was incorporated in 1988 and is the largest private helicopter company in India. It primarily offers helicopter charter services for the oil and gas sector and various other industries, with its headquarters at Juhu Airport, Mumbai. 

4. Sudarshan Chemical Industries Limited 

With a market capitalization of Rs. 7,855.91 crores, Sudarshan Chemical Industries Limited’s share price currently trades at Rs.1,112.10 per share, down 1.25 percent from its previous close of Rs.1,126.65 each. In the calendar year, the stock has given a return of 103.37 percent. 

As of September 2024, Ace investor Vijay Kedia has held a stake of 1.4 percent in the company, which had a holding value of Rs. 113.3 crore, with ownership of 10,00,000 shares. 

The company’s revenue has increased by 10.3 percent, from Rs. 2,302 crore in FY23 to Rs. 2,539 crore in FY24. The net profit reached Rs. 357 crore in FY24, which is down by 693.33 percent as compared to FY23. 

Sudarshan Chemical Industries Limited established in 195 and is a leading Indian manufacturer of pigments and dyes, serving industries such as coatings, plastics, and cosmetics. Based in Pune, Maharashtra, the company also produces pollution control and size reduction equipment. 

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5. Siyaram Silk Mills Limited 

With a market capitalization of Rs. 4,398.40 crores, Siyaram Silk Mills Limited’s share price currently trades at Rs.1,123.00 per share, down 1.45 percent from its previous close of Rs.1,134.50 each. In the calendar year, the stock has given a return of 79.18 percent. 

As of September 2024, Ace investor Vijay Kedia has held a stake of 1 percent in the company, which had a holding value of Rs. 41.7 crore, with ownership of 455,000 shares. 

The company’s revenue has decreased by 6.37 percent, from Rs. 2,229 crore in FY23 to Rs. 2,087 crore in FY24. The net profit reached Rs. 185 crore in FY24, which is down by 26.59 percent as compared to FY23.

Siyaram Silk Mills Limited was established in 1978 and is a leading Indian textile manufacturer specializing in fabrics and ready-made garments, particularly in men’s wear. The company exports to various countries, including the UAE, Australia, Canada, and Bangladesh. It is headquartered in Mumbai, Maharashtra. 

6. Tejas Networks Limited 

With a market capitalization of Rs. 7,855.91 crores, Tejas Networks Limited’s share price currently trades at Rs.1,292.45 per share, down 1.1 percent from its previous close of Rs.1,307.15 each. In the calendar year, the stock has given a return of 51.81 percent. 

As of September 2024, Ace investor Vijay Kedia has held a stake of 1.9 percent in the company, which had a holding value of Rs. 424.9 crore, with ownership of 32 lakh shares. 

The company’s revenue has increased by 168 percent, from Rs. 922 crore in FY23 to Rs. 2,471 crore in FY24. The company has converted its net loss into net loss, from Rs. -36 crore in FY23 to Rs. 63 crore in FY24 

Tejas Networks Limited was established in 2000 and is based in Bangalore, India. The company designs and manufactures optical, broadband, and data networking products. It provides solutions to telecom providers, utilities, and governments across 75+ countries and is part of Tata Sons. 

Written By – Nikhil Naik

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