Porinju V Veliyath,the ace investor, has bought a huge number of shares in Som Distilleries and Breweries (SDBL) at a price of Rs. 197.95. Veliyath’s EQ India Fund also bought 500,000 shares in the company.
Cimmco Limited -is a railvagon manufacturer and it is alsopart of the Porinju portfolio. Recently, he has cut his holding in many other companies that includes Parnax Lab, Palash Securities and JITF Infralogistics.
He has also bought shares in Agrotech Foods. It is to be noted that his portfolio suffered massive loss in the recent carnage.