Vijay Kedia is one of India’s most successful investors, with a career spanning more than three decades. Born in Kolkata in 1960, Kedia started his career as a stockbroker in the early 1980s. He soon realized that he had a talent for picking winning stocks, and he decided to focus his attention on investing full-time.
Kedia’s first big break came in 1996 when he invested in Gujarat Heavy Chemicals Ltd (GHCL) at a price of Rs. 1. In just five years, the stock price had risen to Rs. 180, earning Kedia a profit of over 18,000%. This was just the beginning of Kedia’s success story.
Over the years, Kedia has invested in a wide range of companies, from small caps to large caps, and has built a reputation as a shrewd investor who has a knack for identifying undervalued stocks with high growth potential. Some of Kedia’s most successful investments include Atul Auto, Cera Sanitaryware, and Vaibhav Global.
Kedia is known for his disciplined approach to investing. He believes in doing extensive research on a company before investing, and he typically holds his investments for the long term. He is also a firm believer in the power of compounding, and he advises other investors to be patient and disciplined in their investments.
One of Kedia’s most notable investments is in Cera Sanitaryware, a company that he first invested in back in 2005. At the time, the company was relatively unknown and had a market capitalization of just Rs. 50 crore. Kedia recognized the company’s potential and invested heavily in it. Over the years, as the company grew and its stock price rose, Kedia continued to hold onto his investments. Today, Cera Sanitaryware has a market capitalization of over Rs. 3,000 crore, and Kedia’s investment in the company has earned him significant returns.
Kedia is also known for his philanthropic work. He is a strong believer in giving back to society, and he has set up the Vijay Kedia Charitable Trust to support various causes, including education, healthcare, and environmental conservation.
Despite his success, Kedia remains humble and grounded. He is known for his simple lifestyle and his frugal habits. He attributes his success to his ability to identify good investments and to his discipline in holding onto them for the long term.
Inspirational Quote:
Kedia’s success story is an inspiration to many investors in India and around the world. Here is one of his most inspiring quotes:
“Be disciplined in your investments, but also be patient. Good things take time, and it’s important to have a long-term perspective. Invest in companies that you believe in, and hold onto them for the long term. And remember, the power of compounding is a powerful force. If you can harness it, you can achieve great things.”