Vijay Kedia: Dr. Vijay Kishanlal Kedia is one of the most renowned and popular Indian stock market investors. He has been trading in the market since he was 14. He has been titled the “Market Master” by the Economic Times. As we all know, investing in the stock market is very risky, and one can lose almost everything; similarly, Dr. Vijay also lost and failed many times while investing in the market. At one point in time, he sold his mother’s jewelry to pay out his dues. But, he never lost hope and kept on investing, and today, he is one of the top Indian Investors and has a net worth of over 394.3 crores. He is an inspiration for many who are investing in stocks. His story of success, perseverance, and love for the stock market inspires many youngsters. In this article, we will unfold the life story of Dr. Vijay Kedia, his struggles, his quotes and his philosophies.
Journey In The Stock Market
Dr. Vijay Kedia is an eminent name in the stock market. He is known as the master of the market and has a net worth of crores. Dr. Vijay was born in a Marwari family in Kolkata. He belongs to a family of stockbrokers and started trading at the age of 14 with his grandfather. He lost his father when he was 19 years of age. He has been in the market for a very long now and has seen many ups and downs. Dr. Vijay Kedia is the director of Kedia Securities Pvt. Ltd., and his company is the largest stockholder of several listed companies. He and his company hold stakes in large companies like Aegis Logistics, GoDr.ej properties, Atul auto and several other listed companies.
When a person starts investing in the stock market, most family members oppose their decision thinking the stock market is for gambling. Similarly, when Dr. Kedia started investing in stocks, he faced criticism and opposition from his family members. His aunt once told him not to invest in the stock market as it is for gamblers, and if he did so, no one would marry him. But, with all these oppressions, he never lost hope and kept on investing, and today, we all know where Dr. Kedia stands in the market.
We all know that when we start to invest in the stock market, it isn’t easy, and sometimes we end up losing everything to the market. In an instance, Dr. Kedia also lost most of his money to the market and there came a time in his life, where he sold his mother’s jewellery to pay out his debts. After that incident, Dr. Vijay felt terrible and stopped trading in the market. After this instance, he started his business, where he supplied materials to tea gardens in Kolkata. Unfortunately, his business also failed. After this failure, Dr. Kedia again returned to the stock market and started trading, but after 10-12 years of trading, he realised that he hadn’t made a lot of profit. He mostly used the profits made by him to cover up the losses.
The journey of Dr. Vijay is full of hardships and sheer dedication. He failed many times trading in the stock market, but he never gave up. He also came to Mumbai in search of good business opportunities but was not successful.
Dr. Kedia is a successful speaker. He was a keynote speaker at IIM Ahmedabad and Banglore. He has delivered very significant speeches in different places, including the Bombay Stock Exchange and TEDxAmritsar. He was also invited to deliver a speech at the London Business School. In 2016, Dr. Kedia was featured on the Business World List of Successful Investors in India, and he was number 13 on the list.
Early Investments
Dr. Vijay is involved in the market since a very young age. During his early years in the market, he saw a lot of downfall and failures. But in the year 1990, He came to Mumbai with the help of his friend Sameer Kedia. While he came to Mumbai, he just had 1 lakh in his savings. For the first two years, he faced many troubles, staying as a paying guest and changing places.
In 1992, he bought shares of ACC for ₹300, which were sold at ₹3,000 within a year. With the proceeds, he bought a 1BHK in Mumbai and called his family. In 1992, he also invested money in Punjab Tractors which moved 4-5 times within three years, giving Dr. Kedia a good profit.
In 2004-2005, he invested in three such shares, which appreciated more than 100 times in the next 10-12 years. Those shares were Atul Auto, Aegis Logistics, and Cera Sanitaryware. In 2017, his stock portfolio rose to 170%. In 2016, Dr. Vijay Kedia conferred his doctorate in the field of Management.
Investment Strategy of Dr. Kedia
Dr. Vijay Kedia adheres to a simple strategy called SMILE which translates to Small in size, Medium in experience, Large in aspiration, and Extra-large in market potential. On being asked about his strategy, Dr. Kedia replied, “One should scout for companies with good management. Find very good management, very honest management, and see the products in which the management is going to grow, going to outperform its peers and the economy… invest in those companies for the nest 10-15 years, and one cannot go wrong.”
He always says that one should always bet big and ride through tough times. According to Dr. Vijay, luck plays a big part in stock investments, and knowledge, courage, patience are the cornerstones.
Stock Portfolio of Dr. Vijay Kedia
Here we have provided the stock portfolio of Dr. Vijay as of March 2021:
| Name Of Stock | Percentage Holding | Value Of Holding (in₹) |
| Innovators Facade Systems Ltd. | 10.66% | 8.8Cr |
| Lykis Ltd | 9.98% | 5.3Cr |
| Repro India Ltd. | 7.46% | 34.5Cr |
| Tejas Network Ltd. | 4.20% | 72.5Cr |
| Everest Industries Ltd. | 3.94% | 19.8Cr |
| Vaibhav Global Ltd. | 1.92% | 271.7Cr |
| Neuland Laboratories Ltd. | 1.56% | 40.4Cr |
| Cheviot Company Ltd. | 1.54% | 7.3Cr |
| Atul Auto Ltd. | 1.47% | 6.1Cr |
| Ramco Systems Ltd. | 1.47% | 26.5Cr |
| Panasonic Energy India Company Ltd. | 1.24% | 2.0Cr |
| Cera Sanitaryware Ltd. | 1.04% | 54.1Cr |
| Heritage Foods Ltd. | 1.04% | 16.2Cr |
Lessons to Learn From Dr. Vijay Kedia
In an interview, Dr. Kedia said that he started as a compelled trader in Kolkata as he had significantly less money to invest in stocks. He also said that the stock market rewarded him as a beginner, but he saw more downs than ups on a later part. From his failures, Dr. Kedia learned that the stock market is the hardest way to making the easiest money. Trading in stocks requires a lot of concentration and discipline. He finally learned the art of cutting losses, which is most important in stock market trading. He said that learning to cut losses changed things for him in the stock market positively.
According to Dr. Kedia, no academic degree can guarantee success in the stock market, only experience and learn from mistakes is the key to success in the stock market. Trading in stocks is a continuous learning process.
Quotes By Dr. Vijay Kedia
Being a successful Investor in India, Dr. Kedia has said some of the most beautiful and inspiring lines on the stock market. Here, we present to you quotes by Dr. Kedia.
- “Only two people can buy at the bottom and sell at the top – One is God, and the other is a liar.” – Dr. Vijay Kedia.
- “Read not only between the lines but also what is not written.” – Dr. Vijay Kedia.
- “Market rewards you as per your perception about it. If you treat it as gambling, then it will prove a gamble for you.” – Dr. Vijay Kedia.
- “Investing is like Yoga. Body, mind, and soul have to be aligned.” – Dr. Vijay Kedia.
- “Better to lose money in a good company, rather than making a profit in a bad one.” – Dr. Vijay Kedia.
- “Do not always trust what you see. In a bull market, even a duck looks like a swan.” – Dr. Vijay Kedia.
- “In the market, stupid actions do not have an equal but severe opposite reaction”. – Dr. Vijay Kedia.
- “Investment is somewhat like cricket, where you change your game plan as per the format.” – Dr. Vijay Kedia.
- “Liquidity is as essential for the market as blood pressure to the human body. But it is not good either on the higher or lower side. It should be balanced.” – Dr. Vijay Kedia.
- “Investing is a business, investment is a project, and investor is a promoter.” – Dr. Vijay Kedia.
- “A Bull market is very much like being in love. You don’t realize its value till it’s gone.” – Dr. Vijay Kedia.
- “Always have fixed source of income as the stock market is volatile.” – Dr. Vijay Kedia.
In The End…
It can be easily seen from the story of Dr.. Vijay that investing in the stock market can be very risky and, at the same time, much rewarding. Stock market investments require sheer dedication, discipline, and concentration. Dr. Kedia inspires many with his story of perseverance, patience and passion for the stock market. We should all learn from Dr. Vijay Kedia to be successful in the market.