Vijay Kedia Net Worth is 480 Crore in 2022. The reason for increasing the net worth of Vijay Kedia is the stock market, he has benefited a lot from both his name and work in the stock market. Vijay Kedia had made his mark in the stock market in the year 1992, after which the success of Vijay Kedia kept on increasing.
Vijay Kedia Net Worth in 2022.
Vijay Kedia has said in one of his interviews that no work can be done without knowledge and studies, Vijay Kedia used to read continuously to understand the stock market, he said that first learning than earning.
Vijay Kedia Net Worth Growth in the last 5 Years.
Vijay Kedia Net Worth was 300 crores in the year 2017, then in the year 2018, Vijay Kedia Net Worth became 350 crores. For your information, let us tell you that Vijay Kedia has publicly taken some shares, whose net worth we are telling you in this article. Vijay Kedia Net Worth is around 500 crores in this year 2022.
Vijay Kedia Net Worth and Career
In 1989, he left Kolkata and came to Mumbai, and started living in a rented house. He had only Rs 35,000 to invest. He did his own research and chose Punjab Tractors stock and invested all 35,000 in that stock. In 3 years the stock increased 6 times and his 35,000 to Rs 2,10 000.
All the money he made from Punjab Tractors, he invested in ACC in 1992 at a cost of Rs.300. This stock did not increase anything in the first year but due to Harshad Mehta Bull Run in the second year, it increased 10 times to Rs.3000. He bought an apartment in Mumbai with that money by selling all the shares of ACC.
Vijay Kedia bought Aegis Logistics shares for Rs.20, the first time in his career he had bought a 5% stake in a company. The stock did not last much for the next year. However, later the market realized the potential of the stock and within no time the stock touched Rs 300, giving a return of 15x to Vijay Kedia.
Thus during 2004-05, he picked several Multi Baggers stocks which gave him returns of more than 1,000% over the next 10-12 years. Some of these stocks were Atul Auto, Aegis Logistics, and Cera Sanitary Ware. After that, he did not look back and made successful investments in many companies.
Vijay Kedia Net Worth – Success
With time, Kedia joined the rich people of India on the strength of his hard work, today it has become a well-known name in the stock market. For more information about them, you can take information on Wikipedia.
Vijay Kedia is a commerce graduate from Kolkata University, after the completion of his studies, he started his career in the stock market. There was a lot of problem in his early career, but he never gave up and became a good investor and showed the country and the world that if hard work is done, then its result is definitely available.