Vijay Kedia adds smallcap power stock to portfolio in December quarter. Check details

Ace investor Vijay Kedia added Advait Energy Transitions, a smallcap stock to his portfolio in the December quarter. He purchased a 1.14% stake in the company via his investment arm Kedia Securities Private Limited.

Kedia's 1.14% holding represents 1.25 lakh shares which are currently valued at Rs 17 crore, according to Trendlyne data.

Advait Energy Transitions is an Ahmedabad-based company that offers products and end-to-end solutions for power transmission, substation, and telecommunication infrastructure. The company diversified into renewable energy in 2023.


Founded in 2009, Advait Energy Transitions specialises in stringing tools, ACS wire manufacturing, OPGW operations, ERS, turnkey telecom projects, live line installations, and green energy. The company also provides Alkaline and PEM electrolyser systems, fuel cell systems, hydrogen refuelling stations (HRS), hydrogen blending systems, and hydrogen storage units.

Shares of Advait Energy have been market laggards, declining over 7% in the past one year. In the last six months, it has fallen sharply by over 30%.

Kedia, known for identifying multibagger small-cap stocks early, also added Patel Engineering to his portfolio in the October-December quarter, acquiring a 1.01% stake, or 1 crore shares, through his firm Kedia Securities Pvt Ltd.

The purchase comes after the stock declined over 40% in the past one year. Patel Engineering operates in the infrastructure and construction space, with expertise in large-scale civil projects such as dams, tunnels, hydroelectric plants, highways, bridges and railways, along with real estate development.

Kedia also upped his stake in Om Infra by 50 bps to 2.5% in the quarter gone by while slashing his holding in Precision Camshafts below 1%.

Kedia publicly holds 17 stocks with a net worth of over Rs 1,133.3 crore, the Trendlyne data revealed.

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