Ace Investor Porinju Veliyath of PMS Equity Intelligence buys stake in Emkay Global Financial Services

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Emkay Global Financial Services (click here to view this on our SNAP Analytics Tool)  is engaged in providing wealth management and advisory services. The firm offers stock broking and financial services and solutions, such as investment banking, institutional equities, and private client broking and depository services. The Company, along with its subsidiaries, operates through two divisions: Advisory and Transactional Services, including broking and distribution, investment banking and other related financial inter-mediation services, and Non-Banking Financing Activities.

Ace Investor Porinju Veliyath, MD & Portfolio Manager, Equity Intelligence purchased 130,000 shares representing 0.53% of the share capital. The shares were purchased at an avg. price of Rs. 56.93/- and the stock closed at its intra day high of Rs. 61.20/-.

Porinju Veliyath started his career as a floor trader with Kotak Securities in 1990 and then worked with Parag Parikh Securities in the mid-’90s as an institutional dealer and a fund manager. He moved back to Kochi in 1998 where he worked with Geojit Securities till 2002 and then started Equity Intelligence, a portfolio management scheme aimed for value investing.

Porinju Veliyath

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