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The Story Of Vijay Kedia:

Vijay Kedia was born in a stockbroking Marwadi family in Kolkata in 1959. He has been interested in the stock market since childhood. He started engaging himself in trading with his grandfather when he was just 14.

When Kedia was 19, his father passed away. Therefore Kedia, unwillingly, had to take over the family business of stockbroking. But his heart wasn't in the business. Instead, he just wanted to trade all day.

So one fine day, he told his family that he no longer wants to run the business and turned into a full-time trader. He even moved to Bombay from Kolkata to make it big in Stock Market.

But trading was not working out for Kedia. Even when he made good profits in some trades, big losses in others wiped out his capital. Once, He faced a loss of Rs. 70,000 in Hindustan Motors within 2-3 days. So after giving about 10-11 years to trading, he left it forever in 1989.

Once again Kedia started afresh. He started learning fundamental analysis. And soon he discovered that he was born to invest.

In 1992-93, he picked ACC at Rs 300 and sold at around Rs 3,000 within a year and a half. He bought his first house in Mumbai using that money. During 2004-05, he picked a number of multi-bagger stocks which gave him a return of over 1,000% in the next 10-12 years. Few of the stocks were Atul Auto, Aegis Logistics, and Cera sanitary ware.

According to Quint, his net worth as of Aug 2021, stands at 516 Crores.

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