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Gold and silver online trading in india
Vijay Kedia is undoubtedly among the most successful stock market investors in India. When he started equity trading, he was only And, this is perhaps the most amazing fact about Kedia. Many well-known investors across the world always encourage to start investing early. According to them, if a person begins share trading at an early age, then, the chances of becoming successful in the stock market are much high.
Moreover, such persons would be at an advantageous position of refining their equity trading strategies and investment strategies much ahead than persons who start late. Vijay Kedia is one such person and being an early investor has helped him in building a good fortune for himself from stocks.
Once in a conversation, Kedia revealed how he learnt a lot at a young age from his investment mistakes with smaller risks at stake. When Vijay Kedia entered equity trading, he started with only Rs. At present, his portfolio value is believed to have crossed Rs. When he became 18 years old in , he got a trading account for himself.
Kedia was born in a family where most of the earning members had a stock broking background. His father and grandfather were both stock brokers at the Calcutta Stock Exchange. Hence, it was quite apparent that Kedia would follow their footsteps. However, to make a career in equity trading was never a prime choice for him. This period was a great learning stage for him. His investments sometimes fetched him decent money and sometimes he was also losing money.
He even had to start tea supplying business alongside stock broking. At one point of time, Kedia experienced more downs than ups. The one and only precondition for trading in stocks is to cut the losses.
As Vijay Kedia was bettering his stock trading decisions, he came across one of his old friends S. P Modi who inspired him to invest in the share market. Modi, by then, already pocketed a couple of multibagger stocks in his portfolio.
Following his stock recommendations, Kedia invested in stocks of different companies. Within few months, the investments started multiplying themselves. During this time, Vijay Kedia himself spotted good potential in Punjab Tractor. In 3 years time, the stock price of Punjab Tractor appreciated by more than 10 times. In , Kedia relocated to Mumbai with a saving of Rs.
During his initial days, he stayed at different paying guests. He kept on changing his accommodations when the landlords increased the rents. For him cutting down and minimizing expenses was more important. Vijay Kedia used most of his savings for purchasing stock of different companies. The first few years in Mumbai was full of challenges for him as his stock picks failed to give him decent returns.
In , Kedia finally managed to spot a stock that had good potential. It was ACC which was trading at Rs. Kedia sold the stock after 1. Since he picked up a large number of shares of ACC in his portfolio, Kedia managed to reap huge benefits from the trading deal. With the earnings, he even bought his first house in Mumbai. During the late nineties, he came in touch with Rakesh Jhunjhunwala. The association with Jhunjhunwala helped Kedia in strengthening his investment strategies.
He understood that that to become a successful stock market investor, one need to focus on developing the skills of making good investment strategies. He realized that short term equity trading strategies only help in smaller runs; but, it can never help an investor become successful in long terms. In , Kedia identified stock of Aegis Logistics which was trading at Rs 20 per share.
It was something which he did for the first time in his life. For the first one year, the stock price moved up only a little. In the next few years, Vijay Kedia learnt the art of portfolio diversification. A diversified portfolio increases the stability of investments. A diversified portfolio also helps in reducing the risk of losing money. Kedia also concentrated on identifying the top stocks to buy after going through the financials and stock charts of different companies.
So there I learned to concentrate on the whole market; identify say 50 scrips and select one. Atul Auto was among the undervalued stocks that was worth buying. The company in the s brought some exceptionally good and efficient 3 wheeler vehicles in the automobile market.
The management also had a clear vision to establish themselves as a national player in the automobile market. When Kedia entered the stock the company was in the process of setting up a high-class state of art manufacturing unit to produce Rear Engine 3-wheeler vehicles. When the company rolled out the products, they got immense response. The stock price rose by more than 7 times in the next 5 years. Vijay Kedia entered Cera Sanitary Ware around He invested in the stock for 2 reasons — steady growth and modest dividend.
Moreover, like Atul Auto, it was also among the best undervalued stocks that was available at that time. A booming real estate market was also helping Cera Sanitary Ware in scaling up its business operations. This stock too gave him more than 7 times return in 5 years. How you can Make Money in Stock Market! And, each of them went on to become multibagger stocks.
Vijay Kedia has gone through lots of highs and lows while dealing in stocks. But, even during the tough times, he never lost hope and determination to succeed. He feels a high academic degree is not always important for becoming a champion stock market investor. In order to excel, one should learn from the investment failures. If you feel that this story can inspire and benefit others, then do share this post. Basant Maheshwari's Portfolio at different times reveals why he is so successful in the Stock Market!
This ace investor's portfolio is worth INR crore; Ashish Dhawan's journey in the investment sector conflatingVisions. Leave a Reply Cancel reply. Sorry, your blog cannot share posts by email.