Vijay Kedia Portfolio: Shares of Tejas Network have given excellent returns to its shareholders in the last one year. Vijay Kedia shares rise ₹78.55 per piece ₹497.60 in the last one year – a growth of about 535 percent has been registered in this period. But, if we look at the recent Vijay Kedia Stock Portfolio, Wealth Manager has reduced stake in this multibagger stock. As per the company’s September shareholding, Vijay Kedia’s name is missing, indicating that perhaps an isolated investor has sold his stake in the company outright or to the extent that his stake has fallen below 1 per cent.
As per the shareholding pattern of Tejas Network for September 16, 2021 available on the BSE website, Vijay Kishanlal Kedia’s name does not figure in the list of individual shareholders while Kedia Securities’ name still exists. As per the latest shareholding pattern, Vijay Kedia holds 39 lakh shares of Tejas Network through Kedia Securities, while he has sold his 11 lakh company shares during the July to September 2021 quarter. In the April to June 2021 quarter, Vijay Kedia personally held 11 lakh company shares, while his company Kedia Securities held 39 lakh company shares.
Listed companies are required to report all shareholders holding more than 1 percent stake. Therefore, it cannot be ascertained whether Vijay Kedia has completely exited the stock or his stake in Tejas Network has gone down to below 1 per cent. But, one thing is certain that the veteran investor reduced stake in the telecom company in the July to September 2021 quarter.
Tejas Network Share Price History
Telecom Share is one of the multibagger stocks in 2021. It has given around 16 per cent returns to its shareholders in the last one month while it has given around 180 per cent returns in the last 6 months. Similarly in Year to Year (YTD) time, Vijay Kedia Portfolio stock has given returns of around 260 per cent.
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