SMILE. It’s Vijay Kedia’s philosophy for spotting stocks. It’s an acronym for companies that are small in size (S), medium in experience (M), large in aspiration (L) and extra-large market potential (E). That’s what led him to buy Sudarshan Chemical — which has vaulted 8x to Rs.378, since January 2014.
He bet on this chemical and pigment manufacturing company after learning that the Indian speciality chemical industry is on the cusp of a turnaround