Mumbai, Jan 18, 2026, 11:35 IST
- Patel Engineering shares jumped more than 10% on Friday after a shareholding report showed Kedia Securities held just over 1%
- Kedia Securities held 1.14% of Advait Energy Transitions in the December quarter, The Economic Times reported
- The investor also raised Om Infra stake to 2.5% and cut Precision Camshafts below 1%, the report said
Patel Engineering shares jumped more than 10% on Friday after a quarterly shareholding report showed Kedia Securities Private Ltd, linked to investor Vijay Kedia, held just over a 1% stake.
Markets are shut for the weekend, but the filing drew attention because it is part of the year-end round of “shareholding pattern” disclosures in India. The reports, released after each quarter, show who owns listed companies and can trigger quick trades in smaller stocks with light volumes.
Kedia Securities held 1.14% of Advait Energy Transitions, or 125,000 shares worth about 170 million rupees at current prices, The Economic Times reported, citing Trendlyne data. The report said the same vehicle held about 1% of Patel Engineering, lifted Om Infra by 50 basis points — half a percentage point — to 2.5%, and cut Precision Camshafts below 1%. It said Advait shares have fallen more than 30% in six months, while Patel has slid more than 40% over the past year.
Patel’s shareholding pattern for the quarter ended Dec. 31 showed Kedia Securities Private Limited owned 10,025,099 shares, or 1.0105%, as of the end of the period. The document was generated on Jan. 14.
Patel Engineering builds dams, tunnels, bridges and hydroelectric plants, and also has a real estate arm, according to company descriptions carried by the media. Goodreturns said Kedia had exited Patel in June 2024 after holding about 1.42%.
Advait Energy Transitions sells equipment and services used in power transmission and telecom networks, and has expanded into renewable energy since 2023, the ET report said. It makes products such as electrolyser systems — machines that split water to produce hydrogen — alongside other clean-energy equipment.
IPOCentral said another well-known small-cap investor, Ashish Kacholia, also owns about 2% of the company. Advait’s stock has dropped sharply in recent months, leaving Kedia’s entry looking contrarian on the tape.
Managing Director Shalin Sheth said the company is “well-positioned to capitalize on the growing energy transition and power infrastructure upgrade cycle”, IPOCentral reported. It is targeting growth in solar EPC — engineering, procurement and construction — and BESS, shorthand for battery energy storage systems. IPO Central
The interest around Kedia’s moves reflects how closely retail investors track a handful of names in India’s small-cap market. The Economic Times said Trendlyne data showed Kedia publicly holds 17 stocks worth about 11.3 billion rupees.
One catch: shareholding patterns are snapshots. They show holdings at quarter-end, not trades after Dec. 31, and investors will not know if Kedia added or cut until the next filing.
For now, traders will watch for fresh company updates, order wins and quarterly earnings as the next set of disclosures lands. In small-caps, those can swamp everything else.
