Porinju Veliyeth is Bullish on Infra – Here are some of his Infra picks

 MBL Infra is trading at around Rs 25. Its book value is over Rs. 160. Hence its P/B is a rock bottom at 0.15. The stock is underperforming for years altogether. This stock was at Rs. 156 when the stock guru Porinju tweeted and since then it has gone down the drain.

The company is troubled with loans and since RBI is tightening its hand on companies with debt, this stock is looked with caution by many investors. The promoter holding is also witnessing a consistent and sharp decline for the past few quarters. Some of the shares of promoters are pledged and the company is looking forward to take it back.

But this share has attracted a lot of eyeballs from the elite investors. It will be worthy to note that MBL shares have been bought in huge quantity by various Micro cap mutual funds including DSP Blackrock, which has a track record of giving wonderful returns to its clients.

Even the likes of SP Tulsian has recommended MBL Infra as a good bet.

Add to that Avinash Gorakshakar from Precision Investment Services has also said that this stock can give returns but it will take some time before things get improve. You can watch his video.

It’s raining Infra orders! Hybrid Annuity (EPC+BOT) is safer and interesting model:https://t.co/sxPdI0AWgj

— Porinju Veliyath (@porinju) April 4, 2016

5 Stocks in one!

One fine day in Feb 2016, Porinju tweeted about 5 stocks and asked his army of Twitter followers to explore. He tweets saying unprecedented Infra projects coming up.

Go to next page to know these 5 stocks and more from Porinju