A significant change has been spotted in the shareholding pattern of auto components maker Precision Camshafts Ltd. Prominent investor Vijay Kedia appears to have exited his position in the small-cap stock during the third quarter of the financial year 2025-26 (Q3FY26). This development comes from an analysis of the latest regulatory filings and has coincided with a fall in the company's stock price.
Decoding the Shareholding Shift
Vijay Kedia held his investment in Precision Camshafts through his firm, Kedia Securities. Data from the Bombay Stock Exchange (BSE) reveals that in the September 2025 quarter (Q2FY26), Kedia Securities owned 10 lakh shares, representing a 1.05% stake in the company.
However, the shareholding pattern released for the quarter ending December 2025 shows a notable absence. Kedia Securities is no longer listed among the key shareholders of Precision Camshafts. Since market regulator SEBI requires disclosure only for holdings of 1% or more, this indicates that Kedia's stake has slipped below that threshold, suggesting either a partial or complete exit.
Data from Trendlyne underscores a sharp decline in his holding, which has dropped from 3.2% in the same quarter a year ago to below 1% now. Vijay Kedia's public portfolio, valued at over ₹1,106.6 crore across 15 stocks, has now seen this adjustment.
Precision Camshafts Stock Performance Under Pressure
The news of the potential exit has added pressure to the stock, which was already in a downtrend. On January 9, Precision Camshafts shares fell 3.5% intraday, extending its two-day loss to over 7%.
The broader market sell-off has also played a role, but the stock's weakness is pronounced. It has been declining for four consecutive months after a 13% rally in September 2025. On a yearly basis, the small-cap stock has corrected by 56%, and over two years, it is down 43%.
However, taking a longer-term view, Precision Camshafts remains a multibagger over a five-year horizon, delivering a substantial 234% return to its investors.
Financial Results and Investor Takeaway
The company's recent financial performance presents a mixed picture. For Q2FY26, Precision Camshafts posted a consolidated net profit of ₹13.16 crore, which is higher than the ₹8.40 crore reported in the year-ago period. However, its revenue from operations declined to ₹198.18 crore from ₹225.06 crore year-on-year.
The exit of a well-known investor like Vijay Kedia often leads to increased scrutiny from the market. It signals a shift in sentiment from a seasoned market participant. Investors are advised to monitor the company's future business performance and broader industry trends closely. As always, consulting with certified financial experts is recommended before making any investment decisions based on such developments.
