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Vijay Kedia grew his net worth through smart stock market investments. With a long-term approach, his holdings surged five, seven, and even ten times in value
Vijay Kedia currently holds stakes in 18 companies, including Atul Auto and Mahindra Holiday. (News18 Hindi)
Some personalities associated with the stock market have earned both money and fame. These include Radha Kishan Damani, the late Rakesh Jhunjhunwala, Ashish Kacholia and Ramesh Damani, among many others.
Another notable figure frequently making headlines in the stock market is a middle-class family man who amassed a fortune of Rs 800 crore through astute investments. This individual, who once struggled to provide for his son’s basic needs, now enjoys considerable wealth, demonstrating the life-changing potential of the stock market.
Legendary investor Vijay Kedia, born in a middle-class family from Kolkata, can serve as an inspiration for any investor aspiring to achieve significant success in the stock market.
According to a Times of India report, Vijay Kedia inherited the business of the stock market. His father was a stockbroker in Kolkata. When Kedia was in his 10th grade, his father died. Subsequently, he struggled in his studies and failed his exams. To support his family, he began working in the stock market.
However, Kedia’s challenges continued, as he initially incurred significant losses in the market. According to some reports, the situation became so dire that he lacked the funds to buy milk for his child.
This sad incident deeply affected Vijay Kedia. Seeking a fresh start, he relocated from Kolkata to Mumbai in 1990. This period coincided with Harshad Mehta’s dominance in the Bombay Stock Exchange. During the bull run of 1992, which saw millions of investors profiting, Vijay Kedia also capitalised on the market’s upward trajectory.
During the 1992 bull run, Vijay Kedia purchased shares in Punjab Tractor for Rs 35,000. Within days, the share price increased fivefold. He then acquired shares in ACC Cement, which saw a tenfold increase in value within a year. Vijay Kedia continued investing, capitalising on market opportunities. Today, he is recognised as one of the most successful investors in the stock market.
Vijay Kedia is renowned for his long-term investment approach in the stock market. His strategy has yielded impressive returns, with investments in various companies multiplying in value by factors of five, seven, and even ten over time.
According to information available on Finology’s website, Vijay Kedia’s net worth is around Rs 1,347 crore. Currently, he holds stakes in 18 companies, including Atul Auto, Mahindra Holiday, Siyaram Silk Mills, and Sudarshan Chemical.
