Cybersecurity-focused SME Tac Infosec, listed on the NSE SME platform, has become a massive wealth creator for investors, especially for ace investor Vijay Kedia, who holds a 14.6 per cent stake in the company.
In just over a year since its listing, the stock has surged over 195 per cent, rewarding patient shareholders in line with Kedia’s long-term investing philosophy.
Listing
Tac Infosec was listed on April 5, 2024, and since its listing, the stock has shown an incredible upward rally. Tac Infosec has almost tripled investors’ wealth in a year, even with a recent corrective move of roughly 9% on a year-to-date (YTD) basis.
As of Tuesday’s close, the stock was priced at Rs 1,200 on the NSE, down Rs 22.50 or 1.84 per cent from the previous session.
Technicals still sound despite recent pullback
Tac Infosec has slipped below its 50-day simple moving average (SMA) of Rs 1,220, according to Trendlyne data. However, it continues to trade above its 200-day SMA of Rs 1,052, suggesting long-term momentum remains.
Additionally, Tac Infosec has a one-year beta that’s 0.8, so it doesn’t exhibit much volatility and investors seem to have faith in the fundamentals of the business.
Kedia’s philosophy at play
Tac Infosec falls greatly into Vijay Kedia’s signature SMILE investing framework, which looks for businesses that are Small in size and Medium in experience Large in aspiration and Extra-large in market opportunity.
Kedia, who began investing at 19 years of age and started Kedia Securities at 33, today has double-digit stake ownership in just three companies in his publicly-disclosed portfolio: Tac Infosec (14.6 per cent), Atul Auto (20.9 per cent) and Innovators Facade Systems (10.7 per cent).
Kedia’s portfolio worth over Rs 1,438 crore
As per the latest Trendlyne data, Vijay Kedia’s public portfolio comprises 15 stocks with a cumulative market value of over Rs 1,438.4 crore. Besides Tac Infosec, some of his other key holdings include Sudarshan Chemical, Tejas Networks, Global Vectra Helicorp, Elecon Engineering, Siyaram Silk Mills, Mahindra Holidays, Neuland Laboratories, Affordable Robotic, and Precision Camshafts.
What lies ahead for Tac Infosec investors
Although the fresh correction in price and movement below the 50-DMA may be a low signal to short-term traders, Kedia’s long-term outlook may allow long-term investors with the same mindset to hold onto the stock. It is in the high-growth cybersecurity market with continuing enterprise and governmental demand for cybersecurity technologies.
Analysts expect that the entire SME universe is going to be under scrutiny as investors search for their new multibagger or considerable winner. Tac Infosec is a strongly fundamentally supported company, the institutional-grade investment of Kedia and likely others will keep the name on the radar of stocks with high growth potential.
At this point, the focus becomes if the stock can stay above the Rs 1,052 price point, which is the critical 200-DMA, and if the overall market can support another run in the high-beta SME names.
Anurag Dhole is a seasoned journalist and content writer with a passion for delivering timely, accurate, and engaging stories. With over 8 years of experience in digital media, she covers a wide range of topics—from breaking news and politics to business insights and cultural trends. Jane's writing style blends clarity with depth, aiming to inform and inspire readers in a fast-paced media landscape. When she’s not chasing stories, she’s likely reading investigative features or exploring local cafés for her next writing spot.
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
