Vijay Kedia portfolio: Ace investor cuts stake in this mid-cap stock in December quarter | Stock Market News

Vijay Kedia portfolio: The December quarter shareholding pattern for Elecon Engineering showed that ace investor Vijay Kedia slashed his stake in the company following a tepid stock price performance.

Vijay Kedia held 24,50,000 shares of Elecon Engineering, representing a 1.09% stake in the company, at the end of the December quarter. This was lower than 28,99,998 shares or 1.29% stake held by Kedia at the end of the September quarter.

Kedia’s stake in the company reached its all-time low since June 2021, according to Trendlyne data.