원문 보기
The day may be dull, but our next guest never is and especially when he's just turning 35, there's no chance that Vijay Kedia would be having a dull moment. So, welcome in on the show. Ah the indomitable Mr Vijay Kedia and Kedia ji, from all of us out here at ND Profit wishing you a very very happy 35th birthday.
You being thank you. 25 years old 35 [laughs] he does n't look like 25 see yes he looks 25 he is actually 35 good passport whatever the age says is a different matter. That, that, now let me tell you one thing about age, Neeraj Bhai, that on age, firstly, I look older than my age and on that I want to say one thing that I don't know how many festivals I have celebrated, how many lamps I have lit.
I celebrated birthdays every time you made new highs. That's good. What is the matter. Well, may God bless you with another 100 years of your life so that the market continues to reach new highs for another 100 years. No, no, okay. What is the plan? Markets rose today. Ok. This is a good thing. Thank you.
Thank you very much. I obviously want to wish you. Sure I like Tamil Nadu. A very very happy birthday to you kidiya ji. Thank you ma'am. Thank you ma'am. Now it is like this that because of your talent you will have to sing on your birthday. That we'll sing for you. So madam, as this market is going on new year, I remember this song again and again that today I have the desire to live again.
I intend to die again today [laughs]. What is the matter. Well, I got a return gift for my birthday wish. [laughs] No, but we will make you sing this song. Vijay Kidiya ji said at the end of the interview we will sing a song, birthday song. Batiya ji, will the markets celebrate your birthday and birth year now, in the next one, two, three months, do you think that there is scope for the market to celebrate your birthday, will we move higher from where we are, so market index wise it may move higher, I think because as I had said earlier also in your interview on your channel that all the markets of the world are at new high and new high means new new new high, absolutely all time high and from where it has reached to where it is, India is only lagging behind.
So index wise if you ask me may be we have cha we have chance that we may also ah touch ah or make a new high. Ah but personally let me tell you I'm bullish for five six seven years story India story. But maybe I think even if it makes new highs that won't be meaningful because still mid caps and small caps are lagging behind and there are still 30-40% you know cheaper and down than their peak made in 2024 so that won't be that much may be it would ki logon me ek angst aayega spirit wise it is alright but I think ui bana ke koi bahut aisa badh jaye age on date while I am talking to you I am not in that camp I may be wrong and I wish I went wrong kds g last time we spoke if I remember correctly you were a little conscious not may be in the Diwali time but may be before that and you were gravitating towards a little more cash then and you said that you held more cash than you ever held before including large stocks right more liquid stocks has that you changed a little bit With the earnings season here, you may have been surprised on the upside because we are seeing some of the estimates for earnings growth in the second quarter and it is actually better than expected.
Are you seeing that as well? No, maybe because I am very selective in the market. Currently I do not have much cash left with me. I have invested in the market but some shares I have bought may be from the secondary market and some income I have invested into what you call public market like startups and all public markets.
Not Exactly Startups. So unlisted companies IPO is going to come may be after a year or so and whenever I don't know not because of the IPO and all because I like this story. So I have deployed that fund there. So currently I do not have much cash back as you rightly said that I have a reasonable part of my whatever is in liquid stocks like some PSU banks and also I have invested in PSU stocks which if I would like to switch over I can do so in two days time.
We Kedia ji, you know, do you think the mood will change a bit with the earnings that have come till now? The earnings are quite heartening compared to what was expected and compared to what this street thought when we spoke last. So far the earnings are concern itself, very mixed earnings. I don't think there is any earning.
This is not an exciting earning that you will feel like don't miss it Chauhan. It is not something like brother, this is a lifetime opportunity right now. I don't think market is giving such kind of opportunity which you wouldn't like to miss. So I still feel that there is still a little more reasonable adjustment, consolidation and a little bit of this left to happen in the market.
Is there anything exciting you find in this? These days there is a lot of discussion going on outside and whatever you said on IPOs in our event, you know that it has gone viral. There is talk everywhere about the IPO of the moustached paan seller [laughs]. So, do you have any views on the latest ones that have just arrived?
No no, look, I am already wearing glasses. I already apply it. So I [laughs] don't have any views. So I am happy. And your portfolio is growing anyway. [laughs] So no, no, the portfolio is not growing. Yes, some pockets are growing. There are some pockets which have not performed at all. So now, what you will do is in your hands, no, it is in God's hands.
If it is in your hands to do your work then do your work. The rest is about having fun and yes, the G star is also visible. Yes, he is not getting it and maybe he is ignoring [laughs]. We are also talking about Grow. Talking about studs too. No, what did I ignore? I didn't understand. Sorry, no, we talked about a spectacle guy and another one whose IPO is about growth, and there's also a stunt guy.
Which one is that brother? I'll tell you about the helmet guy who has just opened his IPO. His company is also coming. The helmet guy's company is also coming. [laughs] Yes, the IPO has been subscribed 73 times. Oh my God, what are you talking about? [laughs] Friend, so now he is telling you his story in the market, look at this market, friend, this is how it is.
Once, Reliance Power's issue came, it was the biggest issue, it was worth ₹5000 crores. I think Reliance Power's issue took the market down, it is equal. Similarly, when such big issues come, it is a danger sign for the market, but I don't know for how long it lasts. Even in coma, a person can spend another six months, it is not known.
So, by saying this, it is a matter of concern, but okay, in this. I do n't think there is so much concern, the concerns that were there earlier that people are also playing a kind of rummy, that is fine, now that Dream 11 has been shut down, all that, the government has shut down all that, this is a legitimate platform here, this Dream 11, and people are playing it, it is for three days, we will see, if 20 taka goes then it is fine, if 20 taka comes then it is fine, so I think that this too is probably not getting adjusted that much, it is getting adjusted in the minds of the people, it seems like this, well today if we see the pockets that are doing very well, I mean there is a viewership, there is Thangamil Jewellery ah which is up about 11%, I think 3M India, something that all of us spoke about is had some massive gains as well.
So a lot of mid-cap results are done well before singing the song Very Quickly is what have you recently added? I don't want a stock name if you can't give a stock name of course. But in which theme have you done edition? Where have you added capital market, cement, banking, financial ? Where have you invested the money ?
So in the last three-four months, I took a PSU bank, I tell everyone that PSU banks seem cheap to me compared to if you wear glasses and then remove them and look, then if you do not have power and you wear glasses, then you will see blood. Is equal. So PSU banks are getting it at throwaway prices. There are many PSU banks you have to be selective.
So no one has to take any interest in it. So whatever I have invested in liquid assets on PSU banks, I have invested it on PSU banks. So I feel that there is a lot of value in it and that slow and study will keep growing. So, firstly, I have worked in that and I have taken shares of another hospital but they are very expensive, so he will have to understand that.
So I took it like this that yes brother, it seems to be a story of 10-15 years, so I have done meaningful work in these and the rest I have worked in public private market, okay thank you so much Kedia ji, thank you once again, heartiest birthday wishes to you, I can send you a gift, I will send you the address [laughs] we are waiting for the party, let's go, thank you K ji, happy birthday, always fun to have, Vijay Kedia on he gives great advice and make sure you laugh well at the end of it.
Comments 0