Porinchu Veliyam With New Investments In Three Stocks

Porinchu Veliyath is a nationally recognized investor from Kerala through value investments. According to public corporate shareholding data, Porinchu has newly invested in three stocks in the December 2022 quarter. Lakshmi Automatic Loom Works Limited is a new stock held by Porinchu Veliyam. The value of Porinju’s investment in the company is Rs 58 lakh. Investment is in 7000 shares. The total holding is 1.1 percent of the company’s shares. Lakshmi Mills is one of the well-known companies in the textile sector.

Another newly invested company is Preeti International. The value of Porinju’s investment in Preeti International is Rs 2.1 crore. 1.5 lakh shares are held. Another company that recently invested in Porinchu Veliyam is Max India Limited, a part of the Max Group. Poranju Veliyam holds 4.5 lakh shares of the company. The shares account for 1.1 percent of the total shares. The value of Porinju’s investment is Rs 3.5 crore.

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Which is the most valuable stock in the portfolio?

The most valuable stock in Porinchu Veliyath’s portfolio, however, is Orient Bell Ltd. Porinchu Veliyam owns 6.8 lakh shares of the leading tiles brand of the country. The current value of these shares is Rs 34.4 crore. But the largest holding is in Aurum Proptech Limited shares. Investment in 14 lakh shares of the company. The value of this investment is now Rs 14.4 crore.

(Disclaimer: Investing in the stock market is subject to risk of loss. Readers should invest in the stock market at their own risk. If necessary, seek the help of brokerage firms.)