How much did the investor earn from new stocks in 3 months

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Vijay Kedia wallet: During the quarter from April to June 2021, leading investor Vijay Kedia added two new stocks to its portfolio: Elecon Engineering Company and Mahindra Holidays & Resorts India. The rally of the two mentioned stocks over the past 3 months has helped the net worth of its new investor Kedia to rise significantly.

Elecon Engineering share price history

Elecon Engineering stock jumped from ??138 each to ??164 in the quarter from July to September 2021, logging ??25.6 per share, an increase of about 18.50 percent over the past 3 months.

In the June quarter, Vijay Kedia owns 13 37,722 Elecon Engineering shares, which represents approximately 1.19% of the total issues of the net paid-up capital of this company. With stocks soaring, Vijay Kedia’s net worth at the counter increased by ??3.42 crore ( ??25.60 x 13.37.722) in the last 3 months.

Mahindra Holidays & Resorts India share price history

The hotel stock has gone from ??166 each for ??248, rating increase of ??81.40 per share or nearly 50% appreciation over the past 3 months. According to the shareholding model of this company, Vijay Kedia owns 13,60,000 shares of the company, which represents approximately 1.02% of the total issuance of the company’s net paid-up capital.

As Mahindra Holidays & Resorts India shares soar ??81.40 each in the past 3 months Vijay Kedia’s net worth in this stock has increased by ??11.07 crore ( ??81.40 x 1360,000) during this period.

Thus, the net increase in Vijay Kedia’s net worth due to the inclusion of these two stocks in his portfolio is ??14.49 crore ( ??3.42 crore + ??11.07 crore) in the past 3 months.

Disclaimer: The opinions and recommendations expressed above are those of individual analysts or brokerage firms, not Mint.

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