Renowned investor Vijay Kedia has quietly reduced his holding in small‑cap auto‑components maker Precision Camshafts, now falling below the 1% threshold that regulators require to be reported.
What changed in Vijay Kedia’s holding?
Through his firm Kedia Securities, Kedia owned 1.05% of Precision Camshafts (about 1 million shares) in the September 2025 quarter. The latest December share‑holding pattern does not list Kedia Securities among the major shareholders, meaning his stake has slipped under 1% or he has sold it completely.
Why does the 1% rule matter?
India’s securities regulator, SEBI, only asks companies to disclose shareholders who own 1% or more. When a stake falls below that level, it no longer appears in public filings, even though the investor may still hold a small amount.
How is Precision Camshafts performing?
- Share price fell 3.5% on January 9, extending a two‑day loss of over 7%.
- The stock has been on a down‑trend for four months after a 13% rally in September 2025.
- In the past year the share has dropped 56%; over two years the decline is 43%.
- Despite recent weakness, the five‑year return is still strong, up about 234%.
Recent financial results
For the quarter ending June 2026, Precision Camshafts reported a consolidated net profit of ₹13.16 crore, up from ₹8.40 crore a year earlier. However, revenue fell to ₹198.18 crore from ₹225.06 crore, indicating a drop in sales.
What investors should watch
Vijay Kedia’s move may signal his lack of confidence in the stock’s short‑term outlook, but the company’s long‑term multi‑year gains still attract some buyers. Retail investors should keep an eye on earnings trends, revenue growth, and any further changes in major shareholdings.
Remember, this is just perspective, not a prediction. Do your own research or talk to a qualified advisor before making any investment decisions.