Most of us know the portfolio manager at Equity Intelligence. He regularly comes on Zee Business, Bloomberg, and CNBC. Sometimes he names a stock and immediately the stock jumps. Sometimes ending with no sellers!
Now the question that arises in our mind is why people follow him blindly?
There must be some reason behind it.
He is managing the portfolio of his clients for the last 14 years with above average returns. The average returns during this time is above 30%, annually. Most of the stocks that he invests in his personal portfolio and his clients turn out to be multi-baggers!
His twitter account has a massive number of followers. At the time of writing, Porinju has a following of 1 lakh 19 thousand. It is massive considering the number of Indians who actually invest in the stock market. So it is quite evident that he a very familiar face in the stock market. Let us see some of his tweets from his twitter account.
4-Digit Nifty will be history in few days!
Presume there won’t be any split or bonus😁
— Porinju Veliyath (@porinju) July 13, 2017
Invest Rs.10 lakhs in Gold ornaments, you will get 8 Lakhs worth metal which will be priced at 6 lakhs in 2027 in Rupee terms. #LoveEquity
— Porinju Veliyath (@porinju) July 10, 2017
So when he comes on TV and names a stock, people blindly jump in to buy it. Now you people who are tuned in are interested in knowing his current portfolio holdings. So here goes the list of his holdings:
|Porinju Veliyath Portfolio Holdings|
|Eastern Treads Limited|
|Jubilant Life Sciences|
|Nirvikara Paper Mills|
Note: Porinju exited from Shreyas Shipping.
Now let us understand him by watching the following video: