Vijay Kedia keeps stake constant in 8 companies in June quarter, reduces in three

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His actions in the June quarter reflects his investing philosophy as he has kept his stake constant in most of the companies. Kedia is a believer in the principles of Chinese Bamboo Tree investing and SMILE.




Value investor Vijay Kedia kept his stake constant in eight companies for the quarter ended June 2019 even though stock prices fell by about 30 percent in 2019.

These companies include Apcotex Industries, Cera Sanitaryware, Everest Industries, Innovators Façade, Lykis and Sudarshan Chemicals, among others.

He has also reduced his stake in three companies. They are Repro India, Vaibhav Global and Affordable Robotic & Automation.


His actions in the June quarter reflects his investing philosophy as he has kept his stake constant in most of the companies. Kedia is a believer in the principles of Chinese Bamboo Tree and SMILE.

SMILE refers to Small in size, Medium in experience, Large in aspiration and Extra-large market potential. Chinese Bamboo Tree takes time to grow from seeds but then quickly rises to 80 feet. The eponymous investing philosophy alludes to this property of the tree.

Also read: For peace of mind, invest in a company and not stock: Vijay Kedia

In a tweet, Kedia explained the approach and said: Investing is just like ‘Chinese Bamboo Tree’, it takes time to achieve success.

Of the 10 companies in Kedia's portfolio in which he held more than 1 percent stake at the end of the June quarter, six fell in double digits in this year. Seven of the eight companies in which he has kept his stake unchanged have given negative returns in 2019.

On of the two companies in which he has tweaked stakes—Repro India has fallen 11 percent in 2019 so far. It is involved in the business of offset book printing. It has a global presence across four continents.

Vaibhav Global, another company in which he reduced stake in June quarter, is a multi-national electronics retailer, wholesaler, and manufacturer of fashion jewelry and lifestyle accessories. Its share has risen 17 percent YTD.



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