The smallcap stock has given multibagger returns of 110% over the last 12 months versus Nifty50 which has given just over 4% returns during this period according to Trendlyne data.
Vijay Kedia, MD of Kedia Securities, explains why he invested in Atul Auto, stating that the company has diversified into electric three-wheelers, which aligns with the future of electric mobility. He believes that the market is aware of the same data, but his interpretation of the data and his faith in the management s track record are what set him apart as an investor. Kedia emphasizes the importance of observing management behavior during tough times as an indicator of their ability to handle challenges in the future.
Hot stocks today: Benchmark indices started on a positive note today but later turned negative after logging a fall in the previous session. Tata Motors, Titan Company, Adani Ports, Indigo Paints among hot stocks on April 20, 2023.
Vijay Kedia Portfolio stocks: Ace investor Vijay Kedia has bought 16,83,502 shares in Atul Auto. The stock has more than doubled investors money in the last year, making it a multibagger stock. Watch this Business Today Visual Story to know more about the Vijay Kedia portfolio stocks, Atul Auto share price history, and more.