Porinju Veliyath recommends five stocks with 50-100% gain

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Pee Vee
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Porinju Veliyath recommends five stocks with 50-100% gain

Post by Pee Vee »

We have collated a list of stocks in which Porinju is positive on from his interview with CNBC-Tv18:

Selan Exploration:

Porinju recently added Selan into his portfolio which in fact eroded wealth for investors. Selan was trading at 10-year lows, he said. With oil prices trading at these levels, Selan is a beautiful company with cash on the balance sheet.

Orient Cement & HSIL:

HSIL is a very large company, but it is not in fancy. It is not a great performer but carries huge relevance going forward, explains Porinju.

The government is expected to go big guns in housing. The government is developing many schemes such as housing for all, Mission 2022. “Our economy structurally is so strong that we can do these things and luckily for us, Indian politicians are taking hard decisions,” said Porinju.

Reliance Industries:

It will be difficult to quantify how much more RIL can grow from here, but it could well keep giving returns to investors for half a century, said Porinju.

Kotak Mahindra Bank:

Kotak Bank has the potential to grow up to $100 billion market cap in the next 10 years in the backdrop of the given economic environment. “We have to understand that the structure of the Indian economy and demography structure are pointing towards smart entrepreneurs and relevant business,” said Porinju.

“There is a huge potential for such businesses to grow compounded at 15-25 per cent annually for the next 10-20 years. That is kind of inflection points of our economy we are sitting on,” he explains.

http://www.moneycontrol.com/news/busine ... 52873.html
valuepicker
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Re: Porinju Veliyath recommends five stocks with 50-100% gain

Post by valuepicker »

Selan has moved up sharply after Porinju bought it.. But considering that even at this level it's undervalued, does it make a good investment from one year perspective?
Porinju PMS used to have 5% holding in Selan. When did his PMS exit selan are they still holding some stake?
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