Vijay Kedia Picks Stake in This Power Stock. Is There Upside?

Picking the right stock involves a blend of thorough research, understanding fundamentals, sectoral insight, and a long-term perspective.

This requires time and patience on the part of the individual investor.

However, sometimes you can follow successful investors and benefit from their market-beating strategies refined over decades.

One such esteemed investor, whose every investment garners attention, is Vijay Kedia.

Who is Vijay Kedia?

Vijay Kedia is a stalwart in Indian stock market and widely regarded as a market maestro. His reputation for selecting winning mid-cap and small-cap stocks has made his portfolio a guidepost for many retail investors.

Having begun his stock market journey at the age of 19, Kedia's fascination with the financial world

stems from his roots in a family of stockbrokers. By 33, he established Kedia Securities, cementing

his place in the investment world.

In this article, we'll discuss a stock in which he has recently acquired a stake.

Which Stock Did Vijay Kedia Buy and Why?

Ace investor Vijay Kedia recently acquired a stake worth Rs 172.5 m in Advait Energy Transitions by purchasing 10,000 shares at Rs 1,725 per share. This was acquired through his firm Kedia Securities Pvt. Ltd. This investment represents about 0.92% equity in the company.

Prior to this he did not hold any stake in the company.

While the reasons for his buying the stake remain unclear, here a few a few points that can explain the decision.

#1 Financial Performance

The first reason is financial performance. Advait Energy has been reporting good numbers.

Revenues have grown at a compounded annual growth rate (CAGR) of nearly 50% over the last 5 years. Net profits too have kept pace with a CAGR of 54% over this period.

In Q4 FY25, the company reported a revenue of Rs 1,947 m against Rs 597 m in the corresponding period last year. This was a huge growth of 226%. Net profits surged to Rs 129 m from Rs 72 m in the corresponding period last year, an increase of 78%.

The company's debt to equity ratio has also dropped from 0.45 in FY24 to just 0.23 in FY25.

A solid improvement in financials could be one of the reasons for Vijay Kedia to pick a stake.

#2 Order Book

The second reason could be the strong order book of the company.

The company secured substantial contracts in power transmission and renewable energy EPC projects, including orders from Power Grid Corporation of India and KPI Green Energy.

As of May 2025, the company has an unexecuted order book of Rs 8,000 m. This gives a revenue visibility for the next few years.

What Next?

The company has a marquee set of clients including the Adani Group, L&T, Power Grid etc. The company is executing turnkey solar projects for several of these customers.

Advait Energy is part of India's green hydrogen revolution by manufacturing alkaline and PEM electrolysers. These are essential for producing green hydrogen through water electrolysis using renewable energy.

Advait Energy is developing a 1 MW Green Hydrogen Project for KPI in Surat, set for commissioning in 2025.

The company also won the GUNVL Phase IV Standalone Battery Energy Storage System Auction with a capacity of 50 MW/100 MWh.

In addition, it has secured significant capacities under the Solar Energy Corporation of India (SECI) Production Linked Incentive (PLI) scheme.

In short, Advait Energy is evolving into key player in India's new energy landscape by developing capabilities in green hydrogen production, electrolyser manufacturing, energy storage, and also establishing partnerships on innovative R&D projects.

How Shares of Advait Energy Has Performed

In the past five days, Advait Energy stock is up 19%, including today's upmove. In the last one month, the share price has surged al little over 50%.

However, over the past one year, the share price is flat.

The stock touched its 52-week high of Rs 2,260 on 19 July 2024 and its 52-week low of Rs 1,020 on

17 March 2025.

About Advait Energy

The company offers a wide range of products including stringing tools, Aluminium Clad Steel (ACS) wires, Overhead Ground Wires (OPGW), insulators, conductors, transmission line towers, and Emergency Restoration Systems (ERS).

Advait Energy provides turnkey projects in power transmission and telecommunications, delivering end-to-end manufacturing, supply, and installation solutions.

Since 2023, Advait has diversified into renewable energy, focusing on green hydrogen and related technologies.

For more details see the Advait Energy fact sheet and quarterly results.

To know what's moving the Indian stock markets today, check out the most recent share market updates here.

Investors should evaluate the company's fundamentals, corporate governance, and valuations of the stock as key factors when conducting due diligence before making investment decisions.

Disclaimer: This article is for information purposes only. It is not a stock recommendation and should not be treated as such. Learn more about our recommendation services here...