Vijay Kedia’s Portfolio Gains 86,26,069 In Just 1 Day: Multibagger Helicopter Charter Services Company’s Stock Hits Upper Circuits On December 02
The stock gave multibagger returns of 105 per cent on a YTD basis, 175 per cent in 1 year and a whopping 400 per cent in 3 years.
On Monday, the stock market was trading in the red with the BSE Sensex Index up 0.08 per cent at a level of 79,870 and the NSE Nifty-50 Index up 0.16 per cent at a level of 24,170. On the other hand, the BSE Mid-Cap Index was up by 0.29 per cent while the BSE Small-Cap Index was up by 0.07 per cent.
Along with the market in green, this multibagger champion stock from the aviation sector hit a 5 per cent upper circuit to Rs 266.70 per share from its previous closing of Rs 254 per share. The stock’s 52-week high is Rs 345.15 and its 52-week low is Rs 94.60.
Before revealing the stock name, let's see the update: -
Vijay Kishanlal Kedia owns 4,19,436 shares or 3 per cent stake and his firm - Kedia Securities Private Limited owns 2,59,782 shares or 1.86 per cent. Including this, Vijay Kedia & Kedia Securities Pvt Ltd owns 6,79,218 shares or 4.86 per cent stake in the company. The promoters of the company own a 75 per cent stake in the company and the rest of the 25 per cent stake is owned by the public as of June 2024. In just 1 day, Vijay Kedia & his investment firm gains Rs 86,26,069 (6,79,218 shares x Rs 12.70 per share).
The stock name is GLOBAL VECTRA HELICORP LTD.
Global Vectra Helicorp Ltd, founded in 1998, is the largest private helicopter company in India, offering a variety of charter services for both offshore and onshore transportation. They primarily serve the oil and gas industry but also specialize in religious tourism flights to sites like Kedarnath and Amarnath. In addition to VIP transport, aerial photography, and emergency services, they provide crucial support to state governments and the power industry. With a strong safety record exceeding 2.6 million accident-free flying hours and a fleet of 26 helicopters, Global Vectra Helicorp is a major player in India's helicopter industry, boasting certifications like ISO 9001 and a long-standing membership in the Rotary Wing Society of India.
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The company has a market cap of Rs 373.38 crore. The stock gave multibagger returns of 105 per cent on a YTD basis, 175 per cent in 1 year and a whopping 400 per cent in 3 years. Investors should keep an eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.