5 smallcap stocks that Porinju likely exited in September quarter. Should you follow?
1/8
Portfolio Watch
In Q2FY24, Porinju V Veliyath pared his holdings to below 1% in five companies. His portfolio grew by 38% QoQ to Rs 208.7 crore. His stake in Priti International dropped from 1.3% to below 1%. He also reduced his stake in Taneja Aerospace & Aviation to below 1% from 1.2%. This aerospace firm had surged by 93.2% over the past year. However, the ace investor’s biggest sell in Q2 was in Ansal Buildwell, a realty company, where he reduced his stake by 1.4% to 2%. The stock has fallen by 5.8% over the past year. (Source: Trendlyne)
2/8
Ansal Buildwell
Stake held in Q1: 3%
Stake held in Q2: 2%
Stake held in Q2: 2%
3/8
Priti International
Stake held in Q1: 1.3%
Stake held in Q2: Below 1%
Stake held in Q2: Below 1%
Amazon Top Deals
POWERED BY
Crompton Ozone 75 Litres Desert Air Cooler for home | Large & Easy Clean Ice Chamber | 4-Way Air Deflection | High Density Honeycomb Pads | Everlast Pump | Auto Fill| 3 Year Brand Warranty
₹9,798Buy Now43%
OFF
LG 32 L Convection Microwave Oven (MC3286BRUM, Black, 360° Motorised Rotisserie for Bar-be-queing, 301 Auto Cook Menu, Stainless steel cavity, Indian Cuisine, Tandoor Se, Steam Clean & Diet Fry)
₹19,090Buy Now20%
OFF
4/8
Taneja Aerospace & Aviation
Stake held in Q1: 1.2%
Stake held in Q2: Below 1%
Stake held in Q2: Below 1%
5/8
Lakshmi Automatic Loom Works
Stake held in Q1: 1.1%
Stake held in Q2: Below 1%
Stake held in Q2: Below 1%
6/8
Kovilpatti Lakshmi Roller Flour Mills
Stake held in Q1: 1.1%
Stake held in Q2: Below 1%
Stake held in Q2: Below 1%
7/8
Ansal Properties & Infrastructure
Stake held in Q1: 1.1%
Stake held in Q2: Below 1%
Stake held in Q2: Below 1%
8/8
Ashok Alco-Chem
Stake held in Q1: 4.1%
Stake held in Q2: 3%
Stake held in Q2: 3%