Porinju V Veliyath
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Porinju V Veliyath    
10 Aug 2018
Economic Times
Expecting megacaps to grow at 20-25% for next 100 years is nonsense.
Porinju V Veliyath    
18 May 2018, 02:43PM
Midcap Dangers: Superstar investor Porinju Veliyath rides the red sea

Porinju Veliyath held back on making too many new bets in recent months, but one of the companies he raised stake in was Lloyd Electric and Engg. But like the other companies in his portfolio, this stock too, has been losing momentum. When sorted by holding value, the bulk of Veliyath's portfolio is currently in the red, and some companies like Eastern Tread have fallen in the short term by more than 10%. 

For investors, the performance of Veliyath's largely midcap+smallcap portfolio may be a cautionary tale for investors. Midcaps and smallcaps may provide outsize gains for the pro-risk investor, but are highly volatile. As a result, Veliyath is writing to his investors, expressing disappointment in the recent sharp decline in share prices across the midcap stocks he has invested in. Oil prices and other macro factors, which are out of investors' control, are of course having an impact. But the lower volumes of midcaps and smallcaps mean the need for additional caution. 

2 Comments
rantrend "Midcaps and smallcaps may provide outsize gains for the pro-risk investor, but are highly volatile. As a result, Veliyath is writing to his investors, expressing disappointment in the recent sharp decline in share prices across the midcap stocks he has invested in."

Does it mean that the fund manager did not disclose the risk element to the PMS investors? Writing a letter after the fall is contradictory behaviour!
20 May 2018  Like
The Baseline By regulatory norms funds are required to disclose these risks. However even if the risks are disclosed upfront, a fall in many stocks across the board may feel unexpected to investors.
21 May 2018  Like
Porinju V Veliyath    
14 May 2018
Porinju Veliyath stays bullish on Lloyd Electric and Engineering in the March quarter

Porinju Veliyath's portfolio hasn't seen too many stake increases in the most recent quarter. However, the superstar investor has increased his stake in Lloyd Electric and Engineering (LEEL). Veliyath and his investing company have raised their stake in LEEL by 2.67% to a total of 8.19%, a stake worth Rs. 68.27 crore. 

The company manufactures evaporators and condenser coils for air conditioners, and heat exchangers/radiators. It has yet to declare results. While FIIs of LEEL increased their stake in the company in the March quarter, promoters have initiated pledges of 1.15% of holdings. 

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Porinju V Veliyath    
14 Apr 2018
Porinju Veliyath buys stake in AgroTech Foods, cuts in Parnax Lab, Palash Securities

Cimmco Limited - which Trendlyne had covered as early as March 2017 when the rail wagon manufacturer entered the tractor business - is part of superstar investor Porinju Veliyath's portfolio.

While Veliyath has kept his stake in Cimmco the same (the BSE shareholding data shows his stake in Cimmco changing substantially, but that is likely a filing error - showing 21,151 shares as compared to 211,511), he has cut his holding in other companies, including Parnax Lab, Palash Securities and JITF Infralogistics

Yesterday, Veliyath also bought 1.5 lakh shares in AgroTech Foods, and the stock is gaining today on the news. 

Photo via Porinju Veliyath on Twitter

 

Porinju V Veliyath    
02 Apr 2018
Economic Times
Some of the stocks which we are still holding are Godrej Industries and Tata Global
Porinju V Veliyath    
23 Jan 2018
Economic Times
As midcap co turn large-caps in next 5-10 years, you get multibaggers, says Porinju Veliyath
Porinju V Veliyath    
19 Jan 2018
Porinju Veliyath invests in Kerala Ayurveda, BCL Industries, Sarda Plywood

As per the latest data, Porinju Veliyath and Equity Intelligence India are investing in some new stocks as of the December quarter. Porinju has added 200,000 sharess of BCL Industries and 140,000 shares of Kerala Ayurveda to his portfolio. His investments in Kerala Ayurveda seem strategically timed, considering that the government is looking to strengthen this sector via certifications and greater regulation. 

BCL Industries has been a multibagger, delivering over 240% returns in the last 12 months. Veliyath has also upped his stake in Sarda Plywood in the December quarter.

 

Porinju V Veliyath    
11 Jan 2018
Porinju Veliyath buys shares in Som Distilleries (SDBL)

Porinju V Veliyath has executed a bulk deal in Som Distilleries and Breweries (SDBL), purchasing 150,000 shares at a price of Rs. 197.95. Veliyath's EQ India Fund also bought 500,000 shares in the company. The company saw share price gains on high volumes today. SDBL has a strong durability score, and the valuation score indicates it as currently expensive. 

Image source: Twitter

2 Comments
14 Jan 2018  Like
gautam27 Good morning sir please me help share market
09 Jun 2018  Like
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Porinju V Veliyath    
02 Jan 2018
BCL Industries gets the attention of investors Subramanian P and Porinju Veliyath

 BCL Industries saw some interesting movement in its shareholding towards the end of 2017. Porinju Veliyath added 200,000 shares of the company to his portfolio via a bulk deal purchase in November, while superstar investor Subramanian P has been increasing his stake in the company since he added it to his portfolio in December 2016.  The stock has turned out to be a good bet for Subramanian over the last year, delivering close to a 300% rise in share price.

The company has been logging healthy financial growth over the past several quarters, and hit a fresh year high in share price today. Its durability score is in the medium range, and its valuation score remains in the green. 

Photo: Twitter

Porinju V Veliyath    
29 Dec 2017
Economic Times
2018 as a calendar year is going to be more challenging for the Sensex and Nifty