Vijay Kedia Portfolio: When you go for shopping, you try to buy the best product at the cheapest available rate. This buying strategy is also suitable for the stock market. This is the reason why only a few investors were buying quality stocks at low prices at a time when the market was falling—the Covid-19 pandemic was raging. It seems that such stock buying is still going on as Vijay Kedia has increased stake in Ramco Systems which has given zero returns in the last one year. Actually, this stock of Vijay Kedia has declined by about 25 percent year-on-year i.e. in 2021. In the recently ended September 2021 quarter, Vijay Kedia has increased his stake in Ramco Systems to 2.56 per cent from 1.81 per cent.
Vijay Kedia’s stake in Ramco Systems
As per the shareholding pattern of Ramco Systems for the July to September 2021 quarter, Vijay Kedia holds 7,87,663 shares or 2.56 per cent stake in the company. As per the company’s shareholding pattern for the April to June 2021 quarter, Vijay Kedia’s shareholding in the company was 5,56,034 shares, which was 1.81 per cent of the total paid-up capital of the company. Hence, in Q2FY22, Vijay Kedia bought 2,31,629 shares or 0.75 per cent stake in the company in the recently ended September 2021 quarter.
Ramco Systems Share Price History
As per the share price history of this Vijay Kedia Portfolio stock, this stock has slipped ₹from 498.40 ₹456 in the last one month, a decline of about 8.50 per cent in the period. Similarly, in the last 6 months, the share price of Ramco Systems has fallen by approx. ₹from level 505 ₹456, registering a loss of about 10 per cent in this period. Similarly, year-over-year, the stock bottomed out at close ₹from 600 ₹456, registering a loss of about 25 per cent in 2021.
This stock of Vijay Kedia has given zero returns in the last one year also. In the past year, the share price of Ramco Systems has declined from ₹476 to ₹456 per share, up close to 4 per cent in the period.
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