Vijay Kedia portfolio: Multibagger small-cap stock Advait Energy hits 20% upper circuit as ace investor picks stake
The data available on BSE showed that Vijay Kedia acquired 100,000 shares of the company at an average price of ₹ 1,725, taking the deal size to ₹ 17.25 crore. The ace investor acquired the stake via his investment firm, Kedia Securities.
Prior to this, Vijay Kedia's name did not appear in the shareholding pattern, suggesting either this is a fresh purchase or the stake was less than 1%, as then companies are not required to disclose the names of shareholders.
Another marquee investor — Ashish Kacholia — also holds stake in the small-cap stock Advait Energy Transitions. Kacholia has a 2.67% holding in the company as of March 2025.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
News18
3 hours ago
- News18
OctaFX India pays Rs 32 lakh to settle trading norm violation case with Sebi
New Delhi, Jul 18 (PTI) Forex trading platform OctaFX India on Friday settled with markets regulator Sebi a case related to alleged violation of trading norms on payment of Rs 32 lakh towards settlement amount. Besides, OctaFX India Pvt Ltd (now known as Taunga Pvt Ltd) will not be eligible to apply for any registration with Sebi for five years and will be debarred from buying/ trading in the securities market (directly or indirectly) for a period of 1 year, according to Sebi order. Also, the applicant (Taunga Pvt Ltd) will surrender stock broker registration. The order came after the applicant proposed to settle the pending proceeding without 'admitting or denying the findings of fact and conclusions of law", and filed a settlement application in August last year. 'It is hereby ordered that the instant proceedings initiated against the applicant vide post enquiry show cause notice dated May 9, 2024 are disposed of," Sebi said in the settlement order. The Securities and Exchange Board of India (Sebi) advised BSE to examine the matter of OctaFX, which was allegedly carrying out illegal activities by providing an unregulated online trading platform for trading in forex derivatives. Pursuant to that, BSE submitted its report to the regulator on March 14, 2022. The markets watchdog conducted the examination and it was observed that OctaFX India Pvt Ltd, a Sebi-registered stock broker, and its directors were associated with unauthorised forex trading platform Trading App. Sebi also observed that OctaFX suppressed and denied its association with unauthorised forex trading platform and thereby, indirectly promoted the trading platform and that the company had failed to inform either Sebi or BSE that Enforcement Directorate had conducted searches at several of its premises. In July, the Enforcement Directorate (ED) had attached assets of OctaFX worth more than Rs 131 crore under the anti-money laundering law in a case against a 'fraud" forex-trading platform that has allegedly cheated numerous investors. 'These assets belong to Pavel Prozorov, the mastermind behind OctaFX," the federal probe agency said. ED investigation revealed that OctaFX laundered funds by collecting investor money through mule accounts in the names of fake e-commerce firms. The platform is suspected to have generated 'proceeds of crime" amounting to Rs 800 crore from its operations in India in just nine months. PTI HG HVA view comments First Published: July 18, 2025, 22:00 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
5 hours ago
- Time of India
Hindustan Zinc posts net profit of 2,234cr in Q1
Udaipur: Vedanta group firm Hindustan Zinc Ltd (HZL) on Friday reported 4.7% decline in consolidated net profit at Rs 2,234 crore for the quarter ended June 30, 2025 on account of decline in revenue. The company had posted a net profit of Rs 2,345 crore in the year-ago period, HZL said in a filing to BSE. Revenue during the first quarter of FY26 dropped to Rs 7,591 crore from Rs 7,893 crore in the year-ago period. In a statement, HZL said the decline in revenue was due to reduced volumes and decreased prices for zinc and lead commodities, although this was somewhat compensated by increased silver prices, a stronger dollar, and better by-product realisations. Total expenses during April-June FY26 dropped to Rs 5,065 crore over Rs 5,284 crore in the year-ago period, the filing said. "In line with the rising zinc demand projected by 2030, the board has approved the Phase-1 expansion project towards 2x growth, further strengthening our growth pipeline. "Coupled with the addition of blocks of critical minerals and rare earth elements, we are strategically poised to transform into a true multi-metal powerhouse, unlocking sustained value for all our stakeholders," HZL Chief Executive Officer Arun Misra said. On the project updates, the company said 160 kilo tonne per annum (KTPA) roaster at Debari, Rajasthan will be commissioned in the second quarter of the current financial year. The 510 KTPA fertiliser plant is under progress and is likely to be completed by first quarter of implementation of hot acid leaching technology for recovery of lead and silver from smelting waste at Dariba is likely to be completed by the fourth quarter of the current financial year.
India.com
6 hours ago
- India.com
Shocking move by Gautam Adani, group fully exits…, sells Rs 37320000000 shares in this company due to…
Gautam Adani (File) The Adani Group on Friday fully exited AWL Agri Business (formerly Adani Wilmar) by offloading its remaining 10.42% stake through open market transactions, raising ₹3,732 crore, as per data available on the BSE. Adani Commodities LLP (ACL), a subsidiary of Adani Enterprises, offloaded a total of 13,54,82,400 equity shares in 11 tranches on Friday, amounting to a 10.42 per cent stake in AWL Agri Business, as per the block deal data on the BSE. The transaction was valued at around Rs 3,732.54 crore and executed at an average price of Rs 275.50 apiece. Who Bought AWL Agri Business? Meanwhile, Dubai-based Shajaeatan Investment FZCO purchased a little over 11.07 crore equity shares or 8.52 per cent in AWL Agri Business for Rs 3,049.99 crore. Quant Mutual Fund (MF), IDFC MF, Bandhan MF, Jupiter Fund Management, Morgan Stanley Asia Singapore, US-based Susquehanna International Group, Franklin Templeton, Vanguard, and Singapore-based Duro Capital were among the buyers of AWL Agri Business shares on the BSE. Adani Group On Exit From AWL Agri Business On Thursday, billionaire Gautam Adani-promoted Adani Group said it has sold a 20 per cent stake in AWL Agri Business to Wilmar International Singapore for Rs 7,150 crore, as part of its decision to exit the FMCG business and focus on the infrastructure vertical. In January, ACL had already sold a 13.51 per cent stake in AWL through the offer for sale route, generating Rs 4,855 Agri Business sells edible oil and other food products under Fortune brand. In December last year, Adani Group had announced divestment of its entire 44 per cent stake in AWL to sharpen its focus on core infrastructure businesses. During the 2024-25 fiscal, AWL Agri Business Ltd had posted a net profit of Rs 1,225.81 crore on a total income of Rs 63,910.28 crore. (With Inputs From PTI)
