porinju veliyath 's Portfolio

Gain 131.96%
Vs.Nifty 131.96%
Success 78.95%
Strategy MultiBagger
Follow Stock Picks

About Me: Porinju Veliyath is India's finest stock picker. Similar to Rakesh Jhunjhunwala, Porinju Veliyath enjoys enormous following amongst the investor community. His trades are closely scrutinised and talked about. For years, Veliyath is been creating wealth for his clients and himself, but he began his journey on a humble note. Born in a middle-class... Read More>>

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porinju veliyath 's portfolio
Porinju's Positions by Sector
        Agriculture / Horticulture / Lives 1.78%
        Beverages - Alcoholic 7.49%
        Cement 3.05%
        Construction 17.34%
        Finance 5.74%
        Food Processing 4.43%
        Information Technology 4.93%
        Miscellaneous 14.21%
        Paper 3.3%
        Pharmaceuticals and health care 2.69%
        Retail 13.6%
        Rubber 5.97%
        Tea / Coffee 5.2%
        Textiles 8.77%
        Transport 1.49%
Porinju's Gain Distribution by Sector
    Agriculture / Horticulture / Lives 3.58%
    Beverages - Alcoholic -7.27%
    Cement 3.69%
    Construction 29.14%
    Finance 6.55%
    Food Processing -0.42%
    Information Technology -3.52%
    Miscellaneous 4.94%
    Paper 2.16%
    Pharmaceuticals and health care 1.35%
    Retail 24.14%
    Rubber -4.95%
    Tea / Coffee 3.25%
    Textiles 4.37%
    Transport 0.67%

Prior Holdings [0]

Company Holdings Gain

Current Holdings [23]

Company Holdings Gain
BALKRISHNA (NSE) 1966 Days 26.81%
Buy Price Buy Date Last Price
56.99 30-Aug-16 72.40
JUBILANT (NSE) 1970 Days 43.97%
Buy Price Buy Date Last Price
516.00 26-Aug-16 745.00
VISHALRET (NSE) 2035 Days 225.51%
Buy Price Buy Date Last Price
39.54 22-Jun-16 129.15
FLEXFO (BSE) 2047 Days 36.16%
Buy Price Buy Date Last Price
82.68 10-Jun-16 112.75
EMKAY (NSE) 2056 Days 284.78%
Buy Price Buy Date Last Price
56.93 01-Jun-16 219.20
TARAJEWELS (NSE) 2225 Days -92.78%
Buy Price Buy Date Last Price
52.64 15-Dec-15 3.55
TERASOFT (BSE) 2232 Days -25.68%
Buy Price Buy Date Last Price
75.27 08-Dec-15 55.90
GLOBUSSPR (NSE) 2246 Days 88.33%
Buy Price Buy Date Last Price
66.30 24-Nov-15 125.05
ALPA (NSE) 2264 Days -8.29%
Buy Price Buy Date Last Price
31.30 06-Nov-15 28.70
ARVSMART (NSE) 2320 Days 221.23%
Buy Price Buy Date Last Price
35.59 11-Sep-15 114.60

Porinju Veliyaths Latest Portfolio, Holdings, News Jan 2020

Jan 16, 2020 | 05:30 PM IST

Porinju Veliyath is one of the most renowned and successful investors in India. He has made his own place in the Indian investing arena. He is also known as small cap czar in the investor community. He founded his own fund management firm Equity Intelligence through which he manages his own as well as investors portfolios.

Many of the beginner investors, as well as pro investors, follow Porinju Veliyath as their investment guru. People follow his recommendations blindly and are even keen to know the recent activities in his portfolio. So here Niveza brings you the real-time updated portfolio of Mr.Porinju Veliyath.

Porinju Veliyath's Latest Portfolio & Holdings

Company Sector Quantity Held on 30-Sep-19 Percent Holding on Sep-19 Price on 30th Sep 2019 Last Price on 15-Jan-2020 Holding Value on 15-Jan-2020 Gain/Loss (%) Since 30th Sep 2019
Archies Ltd. PRINTING & STATIONERY 1200000 3.55% 20.45 17.65 21180000 -13.69%
Duroply lndustries Ltd. MISCELLANEOUS 167474 2.59% 54.75 50.3 8423942.2 -8.13%
Shalimar Paints Ltd. PAINTS & VARNISHES 1282500 2.36% 85 85.35 109461375 0.41%
Ansal Buildwell Ltd. CONSTRUCTION & CONTRACTING 150000 2.03% 34.8 30 4500000 -13.79%
Eastern Treads Ltd. RUBBER 100000 1.91% 29.85 23.25 2325000 -22.11%
Praxis Home Retail Ltd. RETAIL 421000 1.71% 72.9 59.1 24881100 -18.93%
Raunaq EPC International Ltd. CONSTRUCTION & CONTRACTING 50000 1.5% 31.95 42 2100000 31.46%
Emkay Global Financial Services Ltd. FINANCE 343500 1.4% 68 78 26793000 14.71%
Kerala Ayurveda Ltd. PHARMACEUTICALS 140000 1.33% 46.35 45.2 6328000 -2.48%
Kaya Ltd. MISCELLANEOUS 136679 1.05% 400 389.65 53256972.35 -2.59%
BCL Industries Ltd. VANASPATI & OILS 200000 1.04% 80.95 75 15000000 -7.35%
Palash Securities Ltd. FINANCE 100949 1.01% 37.55 30.35 3063802.15 -19.17%

Porinju Veliyath Portfolio

About Porinju Veliyath And Equity Intelligence

Porinju Veliyath has born in a middle-class family in Koch and faced many challenges in his early life. Facing the financial crunch the guy has been forced to start working at the younger age of 16. He joined as an accountant in a private firm initially.

The small town guy has arrived in Mumbai in the early 90s to test his fortune after graduating. He started off his career as a floor trader, after taking a hardcore experience in the stock market investing. Porinju founded his own venture in 2002 naming it as an equity intelligence. Equity intelligence is one of the most reputed names among the portfolio management service providers. Today, Equity intelligence manages the portfolios of some smart businessmen and ordinary investors.

Porinju Veliyaths Stock Market Success Story

As discussed earlier, Porinju Veliyath has started his career as a floor trader in 1990 with Kotak Securities. After getting a good experience in the trading arena he moved ahead to Parag Parikh securities in 1994 and served as research analyst and fund manager for the next 5 years.

Later on, in 1999, Porinju Veliyath moved back to his hometown Kochi, to chase his own dreams. And decided to earn from the stock markets on own. Being an investor his first successful multibagger stock was Geojit Financial Services. When he invested a major amount in Geojit Financial Services many people were in the thought that it was a bad tiny penny stock. After this, his journey in the stock markets remained unbeaten as he uncovered many multibagger stocks and earned profits for investors.

Read: Best Multibaggers Stocks For 2019 to uncover multibaggers of this year.

Porinju Veliyath has proved himself to be one of the best investors. Though many fellow investors seem eager to know his investment strategy and principles. Lets dig in the same further.

Investing Strategy Of Porinju Veliyath

Investing in the future multibaggers is the investing strategy implemented by the Porinju Veliyath and Equity intelligence. Porinju Veliyath has seemed to be the value investor and focuses more on the small-cap stocks. That's why the Indian investor community reckons him as a small cap czar. The best examples of his such picks are Geojit Finance and Shreyas Shipping.

Porinju Veliyath led equity intelligence, usually prefer to pick the best businesses at the most discounted prices and attractive valuations. These stocks are lesser known to the investor community though are expected to reap maximum returns.

While selecting such stocks one key important thing followed by Mr.Porinju Veliyath is ensuring the best financial practices. Porinju Veliyath always invests in the companies with a strong balance sheet, honest business management, and great businesses.

However, if you want to analyze the companies more precisely and deeply you can find your way with our scholarly article on How To Find Multibagger Stocks?

Porinju Expects Action in Small & Midcaps Now

May 23, 2019 | 05:57 PM IST

Guru investor Porinju Veliyath expects markets to be very interesting ahead and will be a good time to invest in value. This reaction came right after Sensex scaled to its new high of 40,000 post-election polls suggesting BJP victory.

The rally swelled wealth of the investors by over Rs 2 lakh crore in morning trade on Thursday amid all-round buying in the equity market even where Nifty hit the 12,000 mark for the first time ever.

After initial hours of the vote count, the NDA led the tally with over 310 seats with the BJP leading in over 272 the magic figure. Porinju believes the NDA 2.0 is good for the country and investors will like it. Moreover, he does not expect any runaway rally in Nifty and Sensex from here on. He sees consolidation initially and expects a broader market in driving seat onwards.

According to him, the broader market is expected to move up now, with the much-ignored small caps, midcaps, and other deserving stocks. After a huge selloff in last five quarters several multibaggers are going to come up and investor should focus on them, he added.

The BSE Midcap and BSE Smallcap indices declined 18 and 25 percent respectively between January 1, 2018 and May 22, 2019, whereas BSE Sensex advanced 16 percent during the same period.

Porinju sees many challenges for the economy in the form of global and domestic headwinds however believes NDA government to tackle them with expertise.

Considering BJP manifesto which clearly promised a major infrastructure push, he advised watching infrastructure space for big gainers. The sector faced severe pressure in the last five years due to leveraged balance sheets, liquidity stress, and issues over working capital. Any change in finance ministery is another point of discussion ahead in the market he added.

Now Follow Porinju Veliyath's Latest Portfolio, Holdings And Track his Picks With Us. To Know His Latest Stock Picks Read Porinju Veliyaths Latest Portfolio, Holdings, And Picks 2019

Porinju Veliyath Hints Multiyear Bull Run With Stable Government

Mar 15, 2019 | 03:58 PM IST

Porinju Veliyath Adds 360-Degree Approach Towards Markets and Talks About His Holdings In A Latest Interview With ET. Here're The key points from the interview for you.

Porinju Veliyath in his latest interviews said that, In the upcoming 18 months, Nifty is expected to rally by 2000 pts. Furthermore he added that many mid and smallcaps can go up by 100% in the next 18 months.

While commenting about the sustainability of the broader markets Porinju Said, markets have just started the rally and there is a long way to go. Also he added that betting on the largecaps would not be possible and recommended every time one need to realise the potential of the markets and act accordingly.

Going ahead, according to him Indian stock markets have started their multiyear bull run where he notes that a multiyear bull market can be considered even the investors can make returns at 15% CAGR. He said, that every investor in the current market can see the future direction of the market as India is growing today with the Low-Inflation environment.

When asked about the extra optimism and stable governement of BJP, Porinju has proudly mentioned that he strongly belives in the current regime and expect to Modi to be the PMO for next 5 years but at the same time he added that there is no need of the extra optimism with the election results. he suggests investors stick with the potential businesses. According to his views point, without any extraordinary optimism, Nifty can rally 2,000 points whereas many stocks from of mid and small caps sections can rally by more than 100% in the next one year, 18 months from here.

Further while adding value to his investment strategy that is bottom up approach which he seems suitable for 2019 post election period to shortlist the best stocks. Mr. Porinju Veliyath has highlighted that the approach can reap returns ahead. While shedding some light on the topic he said, We have had a big meltdown in small and midcaps in general. The meltdown was across the board. If you look at 2018, everything was falling in the mid and smallcaps. When I say mid and smallcaps, I am talking about the way 90% of listed companies fell. Maybe one week, the HFCs were falling. The fall in different segments continued. That was a bear market but a short bear market. We had almost 13 months of bear market but without affecting Nifty and Sensex. I am not a technical analyst but I just was told a broad market bear market sustains for 12-13 months. We have completed that normal historic average of 13-months bear market. That also is adding to the optimism of a bull market ahead.

The bottom-up approach is the right approach the market has because we have so many varieties of segments and industries in India and in the broad market meltdown, good ones, bad ones, the kachra (junk) ones, everything has fallen. So there are a lot of great small and midcap companies in India which can give you say 100% return. Some of them in the next one year because they were beaten down like that and even after the 100% return from here, they may be below their last years high. So, that is the most interesting aspect.

I do not think that when I say hundreds of Indian small and midcaps can give you 100% return. It is not very huge. It is only reversal of the deep correction and these companies are growing at 15-20%, they will continue to grow for next 5 and 10 years looking at the demographic and consumption pattern and practice in India.

The period of extreme pessimism is behind us. We do not want an optimistic mind; a normal or rational approach would do. Look at the way FIIs have been buying in the last two weeks. They have bought stocks worth around Rs 25,000 crore. This is huge and this is after selling of Rs 50,000-60,000 crore last year.

I expect a minimum of Rs 1 lakh crores of FII buying in this 2019 that is very much possible. They have been ignoring Indian markets for a while and ultimately many investment gurus globally, people with track record have been talking about the India and China story the emerging market story. If our reforms and political initiatives to manage the economy continues, nobody can stop, nobody can even think of a bear market in India.

When asked about the Equity Intelligence's holdings and plans, Mr. Porinju's answer was satisfying he said that, they are maintaining the hold and mentioned the reasons behind the same. here the reasons mentioned by him-
Kaya: We have a large holding in Kaya and it is a very long-term buy. We are betting for next two, three, five years time and so we have been buying the stock. Whether we will buy from tomorrow, I cannot talk about it. Otherwise, I like the promoters, the concept. It is a very tough business to do and it is one of our largest holdings in PMS. We will continue to hold the stock.

Zee Media: Zee Media is one stock where we have a holding. The stock used to be Rs 30-35 and just because the promoters had a problem, the stock came down to Rs 11. Now that is the kind of volatility the market is going through, especially in the smaller midcaps. This is a well-managed company. The promoter personally is not managing this company. They have recently quoted the highest-ever quarterly profits in the history of the company and that was the time the stock price came to the lowest-ever in the history. We like the stock at the current value as we continue to hold.

Leel Electricals: We were betting on Leel in a big way because they were selling the consumer division, they sold it to Havells and received Rs 1,500 crore. Today the market cap of the company is below Rs 100 crore. So, you can imagine how much money was stolen by the promoters from the company legally and illegally It is amazing the kind of chori (stealing) is still going on. It is rampant among the listed companies in India. This is the biggest challenge when you pick bargains or hunt for values in the mid and smallcaps and an investor had to live with that.

GVK Power: There are a lot of infrastructure companies with leverage. There are a lot of grey areas and newly created ones following delays in debt resolutions. The banks attitude changed since last one year.

There are many grey areas and black spots and there is lack of clarity. We have been basically betting on the airport business vertical of the GVK and that is still there. It is very valuable but on other side, there are more liabilities and delays than what we expected at that point of time of investing.

If debt resolution happens and the company becomes debt free, with the stake in Mumbai Airport and more airports, it can be a wealth creator. But there are ifs and buts and so I have no comments for the fresh investors about it.

At the end he mentioned his optimism about the market with the below comment and suggested investors the era which they are going to face ahead.

I am very optimistic about the future of Indian economy and many of these reforms like GST and IBC and all they are irreversible. Even if another government takes control, these things will continue though it may be at a lower pace. Indian equity investors will be going through a very optimistic environment for the next at least a couple of years.

Investors Dump Stock, Prabhat Sale May Bring Little Cream

Jan 24, 2019 | 12:47 PM IST

The sale of Prabhat Dairys fresh milk business to French firm Lactalis has not gone down well with investors with the stock dropping 14.3 per cent to shut at Rs 79.75 on tuesday. The business, that was sold-out for Rs 1,700 crore, contributed nearly 98 per cent to the companys revenues.
The deal is going on at an 80 per cent premium to the companys capitalisation of Rs 909 crore on monday, however that did not enthuse investors. Analysts aforesaid the structure of the deallack of clarity on however the company can use the deal takings have not gone down well with investors.
Though the deal worth is at important premium to current enterprise worth of the corporate, there's lesser clarity on the companys intent to sell its core business and invest within the existing Bos taurus feed business, aforementioned Kaustubh Pawaskar, analysis analyst, Sharekhan. If management shares a considerable portion of the sale takings with the shareholders, then it'd be a positive,otherwise the deal wouldn't be fruitful for existing shareholders.
The business was sold-out for 1.1 times companys FY18 sales of Rs 1,554 crore. Prabhat shares soared 20 per cent in early trade on tuesday in response to the deal announcement however the optimism fizzled out with the stock falling 30 per cent from the days high. The stock has fallen 58 per cent in the last one year. Some analysts said the deal has not been structured well to benefit existing minority shareholders.
The business was sold for 1.1 times companys FY18 sales of Rs 1,554 crore. Prabhat shares soared 20 per cent in early trade on tuesday in response to the deal announcement but the optimism fizzled out with the stock falling thirty per cent from the days high. The stock has fallen 58 per cent within the last one year. Some analysts aforementioned the deal has not been structured well to learn existing minority shareholders.

We are negative on the deal as the promoters ar selling 98 per cent of total company revenue, but Prabhat dairy shareholders can only profit to the extent of 29 per cent of the sale worth as Prabhat dairy owns 29 per cent of the corporate being sold-out directly, with the rest command through another companys subsidiary firm Cheese Land Agro, said Sameer Kalra, founder, Target finance. Prabhat Diary may have united Cheese Land Agro with itself and so ought to have sold-out the business for a clean deal."

Prabhat can currently target its cattle field and animal genetic science business with the sale of its dairy business. Market participants maintain that corporations ar selling their core divisions, that contribute a considerable part of their revenues, without any advantages accruing to minority shareholders, who ar in no position to block the sale.
shareholders, who ar in no position to block the sale. Investors have lost confidence in these kinds of deals as there ar examples where shareholders were not rewarded with the sale proceedings, said Ashutosh Mishra, head of analysis, Ashika Stock Broking.
Analysts said in instances wherever core businesses ar sold called 'slump sale minority shareholders find yourself at the receiving end.
Recently, Porinju Veliyath, manager, Equity Intelligence India said in a very letter to his investors that LEEL Electricals had received Rs 1,550 crore cash from sale of the buyer consumer goods division to Havells however the company diverted nearly Rs 340 crore to promoter entities together with the listed debt-laden Fedders electrical as cost and loans for purchasing land and factories of their own plants. Equity Intelligence control nearly 8 per cent in LEEL.

Now Follow Porinju Veliyath's Latest Portfolio, Holdings And Track his Picks With Us. To Know His Latest Stock Picks Read Porinju Veliyaths Latest Portfolio, Holdings, And Picks March 2019

Porinju Veliyanath: Business Dynamics Are Changing, Be Careful In Stock Picking

Jun 25, 2018 | 11:47 AM IST

Indian equity marketplace is not in any respect within the undergo segment and the latest correction is an opportunity for inventory selecting, says Porinju Veliyath, Founder & CEO of equity Intelligence. He became addressing an traders event in Kochi.

He stated the ongoing correction in midcap and smallcap shares is pretty regular and the market had witnessed it in many instances in advance also. The BSE Midcap and Smallcap indices are down up to 14 per cent on a year-to-date basis till June 22.

Porinju stated India can grow to be $5 trillion financial system over next 5 years. there is a want for political events or politicians to come back collectively to support the system of reforms the way they're now joining palms to defeat prime Minister Narendra Modi.

India does not belong to Narendra Modi or anybody. We need very credible and capable leaders supported by all political parties. We will see exciting growth ahead if we can have such a situation, Porinju said.

Uncertainty and excessive valuation triggered the latest correction within the market. The latest volatility in midcap and smallcap stocks isn't always related to global cues, he said.

Porinju counseled buyers to recognition on the enterprise fashions of groups earlier than they select a inventory.

Many companies and businesses, which were blue chips in last 50 years, have all of a sudden become irrelevant. We are going through that phase. Many companies are going to die. Companies do die, but this is something very unusual. Comoanies are going out of business in mass numbers, especially in the midcap and smallcap segments. We have to be extremely careful in stock picking, Porinju said.

Value investing on the whole is awareness and common experience and buyers have to learn lessons from the sorts of falls that the market has witnessed within the recent past.

Value investing usually is expertise and common experience and buyers ought to study instructions from the sorts of falls that the market has witnessed within the recent past.

It is an ever-learning process. Once you feel okay I have been making so much money in last five years, at 45.2 per cent CAGR, then it is something waiting for you, said Porinju.

In case you want to participate in Indias increase in a safe manner, buyers shoukd choose up those blue chips that could supply confident sort of increase going ahead, he stated.

Now Follow Porinju Veliyath's Latest Portfolio, Holdings And Track his Picks With Us. To Know His Latest Stock Picks Read Porinju Veliyaths Latest Portfolio, Holdings, And Picks March 2019

The Worst Mistakes Made By Porinju Veliyath's Ambit Capital

Jun 13, 2018 | 02:47 PM IST

Admitting its blunders in the last 12 months, research and brokerage firm Ambit Capital has come out with a latest report which includes names such as Radhakrishnan Damani-led Avenue Supermarts, Jubilant Foodworks and Bajaj Finance.

Shares of Avenue Supermarts, which runs the D-Mart chain closed at Rs 1,606.1, up by more than 0.7% this afternoon.

Admitting its bloopers in the last 12 months, research and brokerage firm Ambit Capital has come out with a latest report which includes names such as Radhakrishnan Damani-led Avenue Supermarts, Jubilant Foodworks and Bajaj Finance. Notably, the firm had a sell call on the shares of D-Mart. The shares crossed the Rs 1 lakh crore market capitalisation yesterday, multiplying investor wealth by more than 5 times in the last 15 months.

D-Mart and the missed bus to Indias best grocery retailer: Despite the best pre-IPO research (management said so too!), we initiated with a SELL; the stock is up 35 per cent since then, Ambit Capital said in the note. Shares of Avenue Supermarts, which runs the D-Mart chain closed at Rs 1,606.1, up by more than 0.7% this afternoon. Apart from D-Mart prominent stocks such as Bajaj Finance and Jubilant Foodworks also form part of the list.

Bajaj Finance and our refusal to learn: It has delivered a 4-year CAGR (compounded annual growth rate) of 70 percent; were sellers throughout. Growth at the cost of asset quality thesis is yet to play out, said the firm. Notably, Bajaj Finance shares have risen by more than 150% in the last one year, and closed at Rs 2,263 on BSE this afternoon.

Another stellar performer in the last 12 months has been Jubilant Foodworks- India exclusive franchisee of Dominos Pizza. Jubilant Foodworks and the lowest target price on the street: Stellar same store growth (SSG) growth and margin expansion. The stock gained 175% in 12 months. Confession: It is the best performing stock in our coverage, Ambit Capital said in the release.

The firm has got many buy calls wrong too. Featuring in the list of buys gone wrong are the shares of Tata Power, VA Tech Wabag and PI Industries. VA Tech Wabag, DB Corp and Greaves Cotton: Stocks that we love that no one else cares about. Each is down more than 20%, Ambit Capital said in the note. Notably, ace investor Porinju Veliyath had recently pointed out that Va Tech Wabag looks attractive.

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Mayhem In Midcap, Smallcap Shares Can Also Continue Says Harsha Upadhyaya

May 23, 2018 | 11:02 AM IST

Harsha Upadhyaya of Kotak AMC says that midcap and smallcap stock may want to see a steep correction going forward. In keeping with the professional, valuations stay expanded in the overall stock marketplace.

We think at least in large caps, it would be more of a timewise correction, Harsha Upadhyaya stated.

At the same time as the steep correction seen in small and midcap shares has taken even some pinnacle marketplace voices through surprise together with ace investor Porinju Veliyath, Kotak AMCs Harsha Upadhyaya says that the space ought to see greater correction. In an interview to ET Now, Harsha Upadhyaya stated that given the sizable outperformance of small and midcap shares in 2017, the gap was bound to remain volatile within the current year. looking at that the stock markets universal are buying and selling above the ancient stages, he said that a time wise or a price clever correction should show up in massive cap stocks.

We think at least in large caps, it would be more of a timewise correction. It has already happened for last two-three quarters and could continue for some more quarters. But in mid and small caps, where you do not get comfort of earnings growth if the valuations are high, than those stocks can really correct very sharply, he informed the channel.

Extensively, the cost erosion visible inside the current calendar year has baffled even investor Porinju Veliyath. We are going through a underperformance in PMS since January this year. An unusual sell-off in mid and small cap stocks is going on leading to irrational pricing of many of our portfolio stocks, ace investor CEO of equity Intelligence, Porinju Veliyath wrote in a letter to buyers last week.

To be very frank, Im a little baffled this time looking at the extent of erosion in portfolio value in such a short period, he delivered. however, he expects a substantial get better in price stocks. We will do some re-structuring, as required in a more rational market, he wrote in the note.

Consistent with Upadhyaya, the intake subject matter is slated to witness strong boom. Growth continues to be very strong for most of the consumption elements whether it is discretionary or non-discretionary. Our results are also in line with expectation in most of the cases but the worry there is of the valuations because this is one pocket where earnings have been steady for last couple of years and hence more money has gone into this particular pocket, he noted, he noted, adding that consumption is one area where the latest quarterly effects had been either in line or slightly better than expectancies and a number of the retail personal area banks have additionally been accurate in phrases of income increase.

Get stay inventory prices from BSE and NSE and modern-day NAV, portfolio of Mutual price range, calculate your tax by using earnings Tax Calculator, understand marketplaces top Gainers, pinnacle Losers & fine fairness finances.

Now Follow Porinju Veliyath's Latest Portfolio, Holdings And Track his Picks With Us. To Know His Latest Stock Picks Read Porinju Veliyaths Latest Portfolio, Holdings, And Picks March 2019

80% BSE Shares Are Bleeding, 25 Have Simply Doubled Investor Cash

May 22, 2018 | 05:02 PM IST

The pace of wealth creation has slowed down on Dalal street this calendar. Fund managers and traders are at a loss for words that almost 80 % of the liquid companies on BSE have destroy investor wealth seeing that January this year.

Overall marketplace capitalisation of the BSE-indexed companies has plunged by using over Rs 6 lakh crore to Rs a 145.62 lakh crore as of can also 21 May from Rs 151.74 lakh crore in December final 12 months.

Second-rung shares have underperformed the largecaps so far this 12 months, with the BSE Midcap and Smallcap indices falling 12 % each towards 2.38 % consistent with cent upward thrust within the BSE Sensex among January 1 and May 21.

But whilst the complete market is looking like an ocean of purple, little-acknowledged shares together with Sadhana Nitro Chem, Bullish Bonds and Holdings, RMG Alloy steel, GSS Infotech, Shukra prescription drugs and Mega business enterprise have rallied between 200 in line with cent and 355 % on the grounds that the start of the year.

A number of these shares have even doubled investor wealth in just five months. They blanketed Fairdeal Filaments, Laurel Organics, Excel Industries, Maha Rashtra Apex employer, Navkar Builders NSE 0.00 %, Gorani Industries, Coastal employer, Lime chemical compounds, Indiabulls incorporated offerings, Ashari corporations, Sinner strength, innovative Castings, Capital India Finance.

Shares of Swaraj automotive, Chokhani Securities, Zenith Exports, Satia Industries, Dolat Investments and Econo change have rallied between 150 in keeping with cent and 195 in keeping with cent in this era.

But here is a disclaimer: those shares are being stated best for information purposes. seek advice from your monetary guide earlier than taking a choice to buy or sell any of these based on such brief-time period overall performance.

Even marketplace veterans are cautious at the moment. Harsha Upadhyaya, CIO of fairness, Kotak Mutual Fund stated it is time to remain careful, because given the various macro headwinds, the marketplace has no longer honestly given up those valuation degrees; thats in particular actual of largecaps. The midcaps are nonetheless trading at a premium to their largecap friends.

A falling rupee, accelerated crude oil fees and sustained overseas fund outflows had been haunting the home fairness market over the last few months. Crude costs ultimate week hit the $80 mark for the primary time on account that November 2017.

Portfolio management offerings, which in large part financial institution on smallcap shares to supply superior returns, have also been feeling the warmth of the current marketplace correction.

Porinju Veliyath, founding father of Kochi-based totally fairness Intelligence, who aggressively bets on smallcaps or microcaps, wrote in a current letter to his clients that he become baffled with the aid of the quantity of abrasion in portfolio value inside a totally short duration.

We have nothing much to do right now in a market, which absolutely lacks buying interest, but wait patiently, Veliyath stated in his letter, addressing the underperformance of the PMS since January this year.

With as much as 93 % fall, shares of Gitanjali Gems, Vakrangee NSE -4.90 %, Talwalkars better price fitness, Bombay Rayon, Reliance Naval, Orient Paper, Jaypee Infratech and Jyoti systems had been amongst the largest wealth destroyers to this point this calendar.

This year goes to be risky, says Nischal Maheshwari, Head of Institutional Equities, Edelweiss Securities.

Global factors are becoming much more powerful than the domestic ones and we have seen the dollar strengthen and all emerging market currencies have come off. Yield of 10-year US bonds have gone up to 3.1 per cent and it looks like they are still set for three to four rate hikes this year,the informed ET Now in a talk.

An increasing number of international locations, like Indonesia, have extended hobby rates nowadays. Maheshwari stated the same goes to show up in India quickly. In this kind of a scenario, the stock market would be volatile and may see a bigger correction, he said.

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The Meltdown Of Midcaps Has Singed Porinju Veliyath's Portfolio In May 2018

May 18, 2018 | 02:58 PM IST

So far this calender, midcap indices have fallen 8-10%, compared to a 3-5 % rise within the Nifty and Sensex. Caught off guard by the steep fall in middle cap shares, ace capitalist Porinju Veliyath in an exceedingly letter to his purchasers has asked them to wait patiently until a portfolio fit out was doable. We have nothing much to do right now, in a market environment which absolutely lacks buying interest, but wait patiently," wrote Porinju, Equity Intelligences founder and corporate executive. "We would do some restructuring as required at an appropriate time, in a more rational market. I expect significant bounceback in many of our value stocks going forward, the letter same. So far this Calender, Midcap indices have fallen 8-10 %, compared to a 3-5% rise within the Nifty and Sensex. In 2017, Midcap indices had up around 51%, compared to a 29% rise within the Sensex and keen. Rising Crude oil costs, a weak rupee and political uncertainty have aggravated considerations investors were already having regarding overpriced valuations. Quarterly performances of most companies Large cap and Midcap were nothing out of the standard. To be very frank, I am a little baffled this time looking at the extent of erosion of portfolio value in such a short period. However, I feel comfortable looking at the values of what we own rather than the prices what we see today, Porinju wrote. An unusual selloff in mid- and small-caps is going on, leading to the irrational pricing of many of our portfolio stocks. We have traditionally invested in midcaps during the last 15 years and have outperformed the indices significantly over the years despite such pockets of underperformance, he wrote within the letter.   Numbers Speak A look at Porinju and Equity Intelligences portfolio for the March quarter reveals that majority of stocks, within which they hold quite 1% ownership, square measure down for the calendar thus far, information from AceEquity has disclosed. The stocks mentioned below might not be reflective of his entire portfolio as there can be alternative stocks that have holdings not up to 1%, that doesn't need public disclosures. Barring BCL Industries, that is commercialism around simply a percent(%) higher, remainder of the 10 stocks within the portfolios have fallen between 24-44%. Cimmco has fallen the foremost, followed by Emkay world, Palash Securities, Raunaq EPC International and genus Sarda plyboard, among others

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Porinju Veliyath Calls It An Instant Of Comeback For Midcap

May 16, 2018 | 02:26 PM IST

Experts mostly believe that the simply wanting majority mark up to now is sweet for the market.
The Bharatiya Janata Party (BJP) was seen leading in many seats in province, leading in over 100 seats out of the 222 seats that visited polls last week.
Experts mostly believe that the simply wanting majority mark up to now is sweet for the market. whereas some believed it may guarantee a powerful foundation for 2019, differents predicted that the road may come back to to special in earnings and other macros.
Market veteran Porinju Veliyath sees this as a huge boost for the market and sees this as a chance for little and midcaps to visualize a bounceback.

A BJP-led government in province would prove a significant boost for Modi prior the 2019 elections, silencing critics WHO predicated his quality had light over the rocky adoption of a nationwide interrupt tax and a fast ban on high-value notes late in 2016. Here could be a verify what different consultants ar voice communication concerning the trends.
Amar Ambani, Partner & Head of analysis, IIFL Investment Managers: "This will go extremely well with the stock market, as it will anticipate the BJP forming the government on its own, possibly with the help of independent candidatesimportantly, BJPs huge tally will mean, it will hold all key ministries, which would have been shared, in case a strong partner was to ally with them. This ensures tighter control on the state. The verdict will be seen as a big sentimental positive for the indices, which were factoring in a severely fractured mandate."
VK Sharma, Head personal shopper cluster & Capital Market Strategy at HDFC Securities: "Going by the trends and the leads so far, with BJP emerging as a the single largest party , markets are relieved. Even if the Congress forms the government with the help of the JDS, the markets wont be perturbed. The markets will now start looking at the international commodity prices and the movement of the Dow. Early monsoon arrival forecast augurs well for the markets."

VK Vijayakumar, Chief Investment strategian at Geojit. "If BJP suceeds in gaining simple majority that will be a major morale boost for the ruling party and very positive for the markets. It is clear from early trends that BJP is making good gains at the expense of congress. If this trend continues the markets will gain further strength. But the upside will be capped because there are some major headwinds in the form of high crude prices.
The middle east situation has turned very volatile following the killing of 55 Palestinian yesterday. The crude is likely to remain high or even go up. This will impact India's CAD which might touch 2.4% of India's GDP. Inflation will inch up and the RBI is likely to turn hawkish for June's monetary policy. These headwinds will cap the upside to the markets. The reaction to the election result will be short-term and the economic trends will dictate the direction of the market going forward."

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