In one of our previous videos we had talked about a new smallcap addition to Porinju Veliyath's Portfolio. Today we have brought along news for you of a new entrant to Porinju's smallcap list. This stock also finds pride of place in Shyam Sekhar's Stock Portfolio and the news of Porinju's entry here has sent the stock price soaring by more than 40% in the matter of a couple of days. At the time of entry the stock was still a microcap, but with the news of Porinju's entry the company has now graduated to become a midcap stock.
Please watch the video below for details on this new addition.
Please remember smallcap investing is extremely risky and factors in a very high risk of capital erosion. Please exercise extreme caution while dealing in risk based assets. Additionally with the recent price appreciation in the stock a large part of the future prospects of the company may already have been discounted, so being extremely careful is be the need of the hour.
Standard Disclaimer :: The information in this article has been compiled from freely available information on the internet. None of the stocks mentioned here should be considered as recommendations to buy and one must consult their financial advisor prior to acting on any of the information presented herewith.
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