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Porinju Veliath Portfolio in Indian Market

Porinju Veliyath reduced his stake slightly in one company, BCL Industries & Infrastructure, which has nearly doubled in value in the last year. He kept his stake constant in 11 other companies that make up over 1% of his portfolio. These include companies like Emkay Global Financial Services, ABC India, and Ansal Buildwell. While some companies in his portfolio have seen positive returns in the last year like BCL Industries, Emkay Global, and ABC India, others like Sarda Plywood, Eastern Treads, and Parnax Lab have declined in value.

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CA Manoj Gupta
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765 views2 pages

Porinju Veliath Portfolio in Indian Market

Porinju Veliyath reduced his stake slightly in one company, BCL Industries & Infrastructure, which has nearly doubled in value in the last year. He kept his stake constant in 11 other companies that make up over 1% of his portfolio. These include companies like Emkay Global Financial Services, ABC India, and Ansal Buildwell. While some companies in his portfolio have seen positive returns in the last year like BCL Industries, Emkay Global, and ABC India, others like Sarda Plywood, Eastern Treads, and Parnax Lab have declined in value.

Uploaded by

CA Manoj Gupta
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Here is what Porinju Veliyath bought and sold in March quarter


Moneycontrol News

Smallcap czar Porinju Veliyath predicts a sell-off in over 300 small and midcap companies on the back of a fire sale by mutual funds
partly to comply with SEBI's reclassification norms.

Veliyath who is quick to spot value in small companies that could emerge as potential multibaggers if invested for the long-term
advises investors in a tweet to be selective while picking stocks on declines.

The Managing Director and Portfolio Manager at Equity Intelligence said in an interview to CNBC-TV18 last month that the worst
is over for Indian markets, but picking stocks which are reasonably priced has become difficult.

A sneak peek into his portfolio for March quarter reveals 12 stocks in which he holds stake of over a percent according to
shareholding data from companies as on April 24. He reduced his stake below a percent in two companies: IZMO, and JITF
Infralogistics.

Veliyath pared his stake in BCL Industries & Infrastructure which has nearly doubled investor wealth in the last one year. BCL, a
diversified smallcap company, is engaged in edible oil, distilleries and real estate businesses.

He reduced his stake to 1.27 percent for the quarter-ended March compared to 1.41 percent seen in the December quarter,
according to shareholding data from AceEquity.

He has kept his stake constant in most companies in which he holds stake of over a percent. The fund manager held his stake
constant in 11 out of 12 companies. These include Emkay Global Financial Services, ABC India, Ansal Buildwell, Raunaq EPC
International, Cimmco, Palash Securities, Vista Pharma, Kerala Ayurveda, Parnax Lab, Eastern Treads and Sarda Plywood
Industries.

In terms of price performance, as many as five out of 12 companies have delivered positive returns on a one-year basis. These
include: BCL Industries (up 96 percent), Emkay Global (up 82 percent), ABC India (up 22 percent), Ansal Buildwell (up 9.3 percent)
and Raunaq EPC (up 5 percent).

On the losing side, Sarda Plywood slipped 27 percent, followed by Eastern Treads which lost 25 percent and Parnax Lab lost 15
percent in the last one year.

Disclaimer: Stocks mentioned above are held by Porinju Veliyath in his personal capacity as per shareholding data.

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