September 30, 2025
Vijay Kedia
Vijay Kedia has shuffled his portfolio to capitalize on the opportunities provided by Covid-19 and also to de-risk from the threats. His new stock picks will benefit from disruption due to technology and have the potential to deliver robust gains in the foreseeable future
Vijay Kedia has shuffled his portfolio to capitalize on the opportunities provided by Covid-19 and also to de-risk from the threats. His new stock picks will benefit from disruption due to technology and have the potential to deliver robust gains in the foreseeable future




Latest Portfolio of Vijay Kedia shows slant towards Tech stocks

A meticulous study of Vijay Kedia‘s latest portfolio reveals that he is slanting more towards technology stocks.

In fact, Vaibhav Global, a tech stock, has usurped the title of crown jewel from the incumbent Sudarshan Chemical.

Vaibhav Global has raced to the top with an impressive valuation of 116 crore while Sudarshan Chemical is a distant second place with a valuation of only 59 crore.

Repro India, which is fondly described by Vijay Kedia as a “disruptor” stock, is at third place with a valuation of 36 crore.

Cera Sanitaryware, which is also an old favourite, is at fourth place with a valuation of Rs. 34 crore.

It is notable that Cera Sanitaryware is also a hot favourite of Guy Spier, the expert on value investing.

Cera has a stranglehold over the sanitary-ware market and Guy has given cogent reasons why the stock is likely to sparkle soon (see Value Investor Guy Spier Buys Fav Multibagger Stock Of Dolly Khanna, Vijay Kedia & Nalanda).

In his latest interview, Vijay Kedia confirmed that Cera Sanitaryware is likely to go places.

Cera plays a dominant role not only in the sanitary sector but also in the housing sector as a whole. But it is only a midcap. So, the idea is to find a small cap which can transform into a midcap and a midcap which can transform into a large cap. It might take 10 years or 15 years. This is the job of an investor in the market,” he said.

Stock Nos of shares CMP (Rs) Portfolio Value
(Rs Cr)
Vaibhav Global 700000 1662.85 116
Sudarshan Chemical 1303864 450.05 59
Repro India 901491 397.80 36
Cera Sanitaryware 140000 2451.70 34
Neuland Lab 250000 990.30 25
Astec Life 200000 1228.05 25
Everest Industries 615924 221.45 14
Ramco Systems 339843 273.60 9
Lykis 4310984 20.80 9
Tejas Networks 1400000 61.35 9
Cheviot Co 100740 720.45 7
Atul Auto 321512 179.15 6
Innovators Facade 2010632 21.00 4
Affordable Robotic 1072000 38.65 4
Panasonic Energy 93004 197.40 2
Total worth of Portfolio 359




I have upgraded, my current theme is technology

Vijay Kedia confirmed the hypothesis that he is slanting towards tech stocks.

Currently I am focussing on PC & DC, Pre Corona and During Corona and post corona. I do not know when this post corona phase will begin but as of now, I am focussing on this theme and certainly the technology is where I am focussing that is why I reshuffled my portfolio. My current theme is technology, digital technology, new age technology,” he said.

Zee Entertainment, the King, is back

During the depths of the CoronaVirus crisis in April 2020, Vijay Kedia had boldly recommended that we buy ZEEL with the confident assurance that it will do well (see Vijay Kedia, Sandip Sabharwal & Other Top Experts Recommend 10 Top-Quality Portfolio Stocks).

The recommendation was brilliant because ZEEL is now surging like a rocket and has given gain of 70% over the past 5 months.

Vijay-Kedia-portfolio-zeel

Vijay Kedia confirmed that he is still bullish about the stock despite the surge in price.

I am still invested in Zee. On the contrary, I have bought more, the king is back,” he declared with a big smile on his face.

ZEEL’s prospects are also vindicated because Manish Chokhani, the noted stock wizard, has bought a big chunk of the stock a few days ago.

In fact, Manish Chokhani had earlier candidly advised us that there is a “travesty” in the valuation of ZEEL and other media stocks and that we should grab them aggressively (see There Is Travesty In Valuation Of Some Stocks. We Have To Buy Them ASAP).

No doubt, we should have obediently followed the advice.



Three new tech stocks added to the portfolio

Oracle Financial was in the news a few days ago because PPFAS Mutual Fund added it to their portfolio (see PPFAS Mutual Fund Adds MNC Stock + High Dividend Yield FMCG Stock + One Other High-Quality Stock To Portfolio).

The mandarins at PPFAS are supposed to be sticklers when it comes to value investing and so their purchase of Oracle implies that the stock is cheaply valued in comparison to its growth prospects.

Vijay Kedia confirmed that this thinking is correct.

I have invested in Oracle Financial for the simple matter that they are into Cloud and I think Cloud is the new FMCG. This entire technology sector to me sounds like a consumer thing. Every company sooner or later in the next five years has to go digital and Cloud is the game,” he said.

He also disclosed that he has bought chunks of Ramco Systems and Tejas Networks, both of which are powerhouse small-cap stocks in the technology space.

Ramco Systems is a hot favourite of HDFC Mutual Fund and they are adding to their holdings in an aggressive manner.

Tejas Networks appears to a beneficiary of 5G Technology, optical transmission, etc.

I made mistakes with junk stocks, got punished, and dumped them

Vijay Kedia candidly admitted that he had made mistakes in his stock selection.

I have sold many shares. Whatever mistake I did in the past I have tried to rectify. I sold JNC Projects and some Everest Industries along with some small caps. I did a lot of what we call grand masti. I bought Camlin at 100 PE and I got punished. I sold all those shares and some more I do not remember,” he said with a wry smile.

Surprisingly, even a blue-chip like Bajaj Auto got dumped.

Bajaj Auto I have sold though it is one of the best companies in India, I thought that maybe it would not multiply. My job is to look for the companies which are not only good but which can rise faster than others so that is why I sold off my Bajaj Auto,” he disclosed.








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