Porinju Veliath invests Rs 4 crore in Taneja Aerospace

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Pee Vee
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Porinju Veliath invests Rs 4 crore in Taneja Aerospace

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Taneja Aerospace, a small-cap stock, is involved in manufacturing and maintenance of light transport and trainer aircraft. It became popular amongst investors due to the government's decision to encourage maintenance of aircraft services in India.

The stock has given multibagger returns of 334 per cent returns in the last one year.

Porinju Veliath has invested Rs 4 crore in Taneja Aerospace as of December 2021. Foreign portfolio investors are also bullish about the stock. As of December 2021, they held 1,01,984 shares or 0.41 per cent against 25,000 shares or 0.1 per cent as of previous quarter.
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