An Inspiring Porinju Veliyath Success Story: The famous stock market investor Porinju Veliyath comes from Kerala from a very humble background. His stock market success story is really captivating for the new investors. In this article, we are going to look into the Porinju Veliyath Success Story and learnings from his journey. Let’s get started.
Porinju Veliyath Stock Market Success Story
Porinju Veliyath started his career in Mumbai as a floor trader with Kotak securities in 1990. Later, he joined Parag Parikh securities as a research analyst and worked as a fund manager till 1999. Here he learned the skill of buying and selling stocks.
After learning the investing skills from his previous employers, Porinju shifted back to Kochi and founded his own portfolio management service firm named ‘Equity Intelligence’.
Equity Intelligence is a SEBI registered portfolio management firm that was incorporated in the year 2002. The Fund has three key personnel, namely, Porinju Veliyath, the fund manager, Abhilash Varghese, the Director of Operations, and Miriam Philip, the relationship manager.
Porinju is a popularly known small-cap value investor. He has identified several multi-bagger stocks early in his career such as Shreyas Shipping, Kitex Garments, KRBL, etc. Porinju is reported to have made crores for himself and his clients in multi-bagger deals investing in small-cap stocks. In an interview with ET, Porinju Veliyath said:
“Equity investment is not a hectic activity if someone makes it that way, they will underperform. This is something we have to keep simple. Too much information/noise is not good, it takes away a lot of spirit of living”,
Porinju Veliyaht often prefers to work from his farmhouse where he was actually born. In a calm situation, he says that he is able to analyze more effectively. In another interview with ET, Veliyath claimed his investment portfolio has generated 33 percent average compounded returns every year since 2003.
Porinju Veliyath Latest Portfolio
Porinju Veliyath is a master of choosing the winning stocks in his and his client’s portfolio. Here is the latest stock portfolio and shareholding of Porinju Veliyath and his firm (Dec 2020 Quarter):
# | NAME | COMPANY | QUARTER | NO OF SHARES | PERCENTAGE |
---|---|---|---|---|---|
1 | Equity intelligence india private limited | Archies Ltd. | Dec-20 | 1100000 | 3.26 |
2 | Porinju veliyath | Ashok Alco-Chem Ltd. | Dec-20 | 100000 | 2.17 |
3 | Equity intelligence india private limited | Orient Bell Ltd. | Dec-20 | 609512 | 4.25 |
4 | Equity intelligence india private limited | Eastern Treads Ltd. | Dec-20 | 100000 | 1.91 |
5 | Equity intelligence india private limited | Praxis Home Retail Ltd. | Dec-20 | 500000 | 1.81 |
6 | Equity intelligence india private limited | Ansal Buildwell Ltd. | Dec-20 | 150000 | 2.03 |
7 | Porinju v veliyath | Duroply Industries Ltd. | Dec-20 | 200000 | 3.1 |
8 | Porinju veliyath | Digicontent Ltd. | Dec-20 | 700000 | 1.2 |
Porinju Veliyath Stock Market Learnings
Although Porinju has picked many multi-bagger stocks that have given him amazing returns, nevertheless, he is not correct all the time. Regarding his stock-picking strategy, he said that “We cannot go and casually buy any stock in any industry. One has to be really choosy in picking stocks and that is required every time, anytime,”
Porinju has also written one insightful book ‘Ohariyiloode Engane Nettam Koyyam’ (Complete step-by-step guide to share market and investing) in 2008 by Dhanam Publications.
Apart from stocks, Porinju loves nature and he has a huge farmhouse in his hometown. Porinju Veliyath is an organic farmer and his farm is spread over hundreds of acres. He has a huge pond and hence the source of water is natural as spring water runs through it. As the land is very fertile, he grows chikku, mangoes, and a number of other vegetables. A lot of birds and animals are also there.
In addition, Porinju is also quite active on Twitter and has huge followers there. He has got over 1.2 Million followers on Twitter.
India Awakens! Bold reforms, futuristic policies, confident geopolitics, resolution of long-pending issues, disregarding naysayers & anti-progressive forces. Resurgent India all set to emerge as a responsible Global Superpower. Beyond politics, accept it & make the most out of it.
— Porinju Veliyath (@porinju) February 3, 2021
ALSO READ:
That’s all for this post on Porinju Veliyath Success Story. I hope this post was helpful to you and you’ve found some learnings from Porinju’s stock market journey. In addition, if you want us to cover any other popular stock market investor, let us know in the comment section below. Have a great day and Happy investing!
Kritesh (Tweet here) is the Founder & CEO of Trade Brains & FinGrad. He is an NSE Certified Equity Fundamental Analyst with +7 Years of Experience in Share Market Investing. Kritesh frequently writes about Share Market Investing and IPOs and publishes his personal insights on the market.
Start Your Stock Market Journey Today!
Want to learn Stock Market trading and Investing? Make sure to check out exclusive Stock Market courses by FinGrad, the learning initiative by Trade Brains. You can enroll in FREE courses and webinars available on FinGrad today and get ahead in your trading career. Join now!!