Porinju Veliyath recommends buy of Pharma stocks

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Pee Vee
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Porinju Veliyath recommends buy of Pharma stocks

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Porinju Veliyath has recommended on twitter that Pharma stocks should be bought as they are at reasonable valuations.

Indian Pharma biz has global competitive advantage, long way to go; stocks have corrected to rational levels. Looks like an inflection point

https://twitter.com/porinju/status/900603403780444160

Pharma stocks in Porinju Veliyath portfolio

Porinju’s latest portfolio reveals that he has invested in a few Pharma stocks.

He holds 1,04,836 shares in a nano-cap named Pranax Lab Ltd.

The market capitalisation of Pranax Lab Ltd is only Rs. 49.88 crore.

Yet another nano-cap named Alpa Labs had enticed Shilpa Porinju Veliyath to invest in it through a bulk deal though it is not known whether the holding continues as of date.

BDH Industries, also a nano-cap, has won Porinju’s confidence and he holds 58,000 shares in it.

Equity Intelligence, his PMS, held a chunk in Vista Pharma, also an ultra micro-cap, as of 31st March 2017. The present status is not known.

Best Pharma stocks to buy

The best stocks to buy from the Pharma sector include Granules India, Shilpa Medicare, Aurobindo Pharma, Jubilant Life etc.

http://rakesh-jhunjhunwala.in/porinju-v ... ion-point/
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