Vijay Kedia gains Rs 1,49,42,796 in just 1 day: Multibagger helicopter charter services company’s stock hit upper circuit; Results tomorrow
The stock is up by 47.3 per cent from its 52-week low and has given multibagger returns of over 300 per cent in 2 years.
On Wednesday, the stock market was trading in the red with the BSE Sensex Index down 0.29 per cent at a level of 81,312.32 and the NSE Nifty-50 Index down 0.30 per cent at a level of 24,752.45. On the other hand, the BSE Mid-Cap Index was down by 0.22 per cent while the BSE Small-Cap Index was up by 0.50 per cent.
Along with the market in red, this multibagger stock from the aviation sector hit a 10 per cent upper circuit to Rs 242.40 per share from its previous closing of Rs 220.40 per share. The stock’s 52-week high is Rs 346.15 per share and its 52-week low is Rs 164.60 per share. The shares of the company saw a spurt in volume by more than 3.64 times on the BSE.
Before revealing the stock name, let's see the update: -
The company inform you that a Meeting of the Board of Directors of the Company to be held on Thursday, May 29, 2025, at the Corporate Office of the Company to consider inter alia the Audited Financial Results of the Company for the quarter and year ended March 31, 2025.
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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 as of March 2025. In Q4FY25, Kedia Securities Pvt Ltd sold 30,000 shares. The promoters of the company own a 75 per cent stake in the company and the rest of 25 per cent stake is owned by the public as of March 2025. In just 1 day, Vijay Kedia & his investment firm gained Rs 1,49,42,796 (6,79,218 shares x Rs 22 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 specialise 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.
The company has a market cap of Rs 339.36 crore. The stock is up by 47.3 per cent from its 52-week low and has given multibagger returns of over 300 per cent in 2 years.
Disclaimer: The article is for informational purposes only and not investment advice.