The fourth quarter earnings season is underway and it has been a mixed one for the IT sector. While TCS’ fourth-quarter numbers were better than expectations, Infosys missed estimates on revenue and FY25 guidance. On Friday, as many as 15 companies will announce their quarterly numbers with some of the major ones in the mix, … Read more
Ace investor Vijay Kedia slashed his stake in two smallcap stocks — Tejas Networks and Elecon Engineering Company — during the September quarter, as per the latest shareholding data available on the BSE. Kedia, who holds equity in the company through Kedia Securities, reduced his stake in Tejas Networks by 12 bps to 1.89% in … Read more
A study of BSE-listed companies shows that at least 37 of them have maintained their EBITDA margin over 15% in each of the last 4 quarters of FY23 and also saw share price growth of over 50% in the last one year. When the filter was narrowed down to stocks that doubled during the period, … Read more
NEW DELHI: Mumbai’s star investor Vijay Kedia has picked up another 7.05% stake in smallcap Atul Auto by converting warrants into equity shares. According to disclosures made to stock exchanges, Kedia acquired 16,83,502 shares of the company on March 15. Before the acquisition, he held a 1.5% stake and his total shareholding in the auto … Read more
Decarbonisation, sustainability, manufacturing and consumption are the themes that have emerged in India in the last two years. Smallcase manager and founder of Niveshaay Arvind Kothariis betting on smallcap stocks such as Shivalik Bi-metal, , and that could be major beneficiaries in the areas of green energy and manufacturing. “The green energy portfolio marked our … Read more
In the September quarter, ace investor Vijay Kedia raised his holding in industrial equipment company . According to the latest shareholding pattern of the stock, Kedia holds 21,75,000 shares or 1.94% stake in the company. In the previous quarter, the investor held 20,75,000 or 1.85% stake, implying an addition of 1 lakh shares or 0.09% … Read more
Elecon Engineering, part of the S&P BSE Smallcap index, rose a little over 100 per cent in a year compared with a 5 per cent rise seen in the Nifty50 index in the same period. The momentum in the stock is still intact which could take it towards Rs 300-375 level in the next 6 … Read more