Vijay Kedia Brings Investors’ Spotlight on Advait Energy Transitions
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Buzz Intensifies Around Advait Energy Transitions Ltd. as Vijay Kedia Acquires ₹17+ Crore Stake, Drawing Investor Attention
By S JHA
MUMBAI, June 14, 2025 – The stock market is abuzz with excitement following ace investor Vijay Kedia’s acquisition of 1 lakh shares in Advait Energy Transitions Ltd. The smallcap firm is inviting attention after Kedia acquired shares for ₹17.25 crore in a block deal.
The move, executed through Kedia Securities Private Limited on Wednesday, sparked speculation about the company’s growth potential. It’s now drawing comparisons to other high-profile investor bets in the renewable energy sector. With a market capitalization of ₹2200 crore on the BSE, shares of Advait are now buzzing on the street.
Shares of Advait Energy gained over 5% on Friday. The stock has given a 12-month breakout on the chart, closing over July 2024 peak for shares.
Advait Energy Transitions Ltd., based in Ahmedabad and founded in 2009, specializes in power transmission, substation solutions, and telecom infrastructure, with a recent pivot to renewable energy in 2023. The company’s Q4FY25 results, showcasing a 225% year-on-year revenue jump to ₹198 crore and a 58% profit rise to ₹11.4 crore, also whetted appetites of investors.
Screener.in notes the stock trades at 10.5 times its book value, with a market cap now at ₹2,088 crore, reflecting a 3.62% gain over the past year despite a 7% dip in the longer term.
Kedia, a veteran investor known for spotting undervalued gems since founding Kedia Securities in 1992, holds a portfolio worth over ₹1,475 crore across 15 stocks, per Trendlyne data.
Market analysts on X such as @StockMarketGuru noted, “Vijay Kedia’s move on Advait Energy is a signal—renewable energy is the next big wave.” Similarly, @InvestSmartIndia tweeted, “Kedia’s ₹17 crore bet on Advait mirrors Rakesh Jhunjhunwala’s early calls. Smallcaps with strong fundamentals are heating up.”
Other investors have also shown interest. Moneycontrol reported that mutual funds and foreign institutional investors (FIIs) increased their stakes in Advait by 2.5% in the past quarter, reflecting growing confidence. The company’s recent ₹49.99 crore turnkey contract for the 11 KV MVCC under the VKY-2 scheme from DGVCL, announced on May 29, further bolstered its appeal, as per Screener.in.
But @MarketWizard123 in a post on X cautioned, “Advait’s 34% one-month gain is impressive, but at 10.5x book value, it’s pricey for a smallcap. Wait for a dip.”
The buzz around Kedia’s move, coupled with the company’s strategic shift and strong quarterly performance, positions Advait as a stock to watch, though experts urge caution amid market volatility.
(Disclaimer: This article makes no recommendation for buy or sell of shares of any company)
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