Vijay Kedia's Neuland Stake Grows 95x to Rs 23,881

Multibagger hunter Vijay Kedia purchased shares in Neuland Laboratories when the pharmaceutical company faced delays and market panic during the Covid outbreak. He first acquired the stake in September 2019 and added to his position in March 2020 at a price of approximately Rs 250. Six years later, the stock reached a 52-week high of Rs 23,881 on August 18, 2026. This movement represents a return gain of roughly 95 times from his initial March 2020 purchase price. Kedia explained that he held between 1.5% and 1.7% of the company at various accumulation points. During this period, he sold a small portion ranging from 0.5% to 0.6%, which may have occurred around Rs 7,500 per share. He stated that his average cost price in his records is now effectively zero due to these sales. As of the end of the June quarter, Kedia retained a 1% stake in Neuland Laboratories. The company operates in the peptide business sector.