Value investor Porinju Veliyath has hiked stake in underperforming smallcap stock Kaya by 0.63% to 1.65% during the March quarter. According to the latest shareholding pattern available with the exchanges, Porinju holds 2,15,000 shares in the company. Kaya is an Indian multinational skincare, haircare, and body care treatment provider. Kaya clinics is present in 27 … Read more
NEW DELHI: Seasoned investor Porinju Veliyath bought an additional stake in in the December quarter, the latest shareholding data suggests. Veliyath, who leads PMS Equity Intelligence India, held 2,50,000 shares or 2.37 per cent stake in the company as of December 31, 2021. This was 104 basis points higher than 1.33 per cent stake he … Read more
Charlie Munger, one of the two titans of Berkshire Hathaway and Warren Buffett’s buddy, once said, “Big money is not in the buying or selling, but in the waiting.” Our own ‘Smallcap Czar’ Porinju Veliyath seems to have lived by this principle as he sat tight through the 2018-2020 bear cycle in the broader market … Read more