Porinju Veliyath is the MD & Portfolio Manager at Equity Intelligence India. He has made his mark on Dalal Street by buying many multibagger stocks.
He has the knack of buying stocks when they are at an inflection point.
Porinju is one of the most experienced fund managers in India and has an admirable track record of outperforming the Nifty and Sensex.
Porinju Veliyath’s latest portfolio
The latest portfolio of Porinju Veliyath (stocks in which he holds more than 1 per cent as disclosed on BSE) has shown that there are many multibaggers in it. Four out of six stocks in the portfolio have beaten the BSE Sensex and NSE Nifty in terms of returns as of February 2017.
One stock that Porinju publicly recommended is Sarda Plywood. It has a significant presence in paper, tea and plywood. Sarda Plywood has given 100% return and more than doubled in last one year.
Porinju Veliyath also has big holding in Flex Foods in his portfolio. Flex Foods has given 90 per cent in the last one year.
Shares of Balkrishna Paper and IZMO rose 71 per cent and 28 per cent, respectively, during this period while those of BDH Industries delivered negative returns.
Dolly Khanna Latest Portfolio 2017
Dolly Khanna Latest portfolio holdings are available. Dolly Khanna has bought several new stocks for her portfolio
Multibagger stocks to buy for 2017
Porinju has recommended that the big theme for 2017 is the cashless transaction stocks i.e. all companies that will benefit from the demonetisation drive.
Even companies affected by the cash ban are a must buy according to Porinju’s recommendation. These stocks are down at present but will benefit from the demonetisation because the organised sectors will benefit the most from the demonetisation drive.
Buy infra stocks
Porinju has also recommended stocks in the infrastructure sector such as J Kumar Infra and Sunil Hitech.
Even railway stocks such as Texmaco and Titagarh Wagons are good buys.
Porinju is bullish on Talwalkars, the fitness company. Talwalkars remains unaffected by economic developments.
Porinju also recommended a buy of stocks like Saksoft, Datamatics, Bombay Burmah Trading Corporation, HSIL, TCI and Orient Cement.
Veliyath gives an example of what is value investing. He buys stocks when there is fear in the market. In November 2016, when the stock prices crashed, Porinju bought stocks heavily.