Porinju Veliyath portfolio: Porinju Veliyath, the czar of small-cap companies, has reported a profit on his pharmaceutical stock Cupid Ltd. The company’s ownership structure for the period of July to September 2022 does not include Ace Investor’s name. However, the ownership structure of the corporation for the quarter from April to June 2022 included the name of his company, Equity Intelligence India Private Limited.
Porinju Veliyath Shareholding in Cupid
Porinju Veliyath’s firm name is absent from Cupid’s ownership pattern for the period of July to September 2022, but it was included in the company’s shareholding pattern for Q1FY22. Porinju Veliyath owned 1.70 lakh shares of the firm, or 1.27 percent of the company’s total paid-up capital, according to the company’s ownership pattern for the first quarter of the current fiscal.
This indicates that either the founder of Equity Intelligence India made money on this small-cap pharmaceutical stock or that he sold enough business stock to reduce his ownership stake to less than 1% of the firm’s total paid-up capital.
The listed firm is required by stock exchange regulations to disclose the names of each and every shareholder who holds 1% or more of the company’s shares. They are not required to divulge the specifics of stock purchase and sale, though. Therefore, it would be challenging to determine whether the investor booked a partial profit in the firm or sold his full stake of the company. However, it is certain that during the second quarter of the current fiscal, the small-cap stock czar earned a profit in this small-cap pharmaceutical company.
Cupid Share Price History
The shares of the medical research business has given its positioned stockholders a modest gain. This small-cap company has lost close to 15% over the past six months, yet year to date, it has returned 4% to investors. In actuality, it has provided its stockholders with no return for the past year.