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Media stock jumps 8% after Porinju Veliyath acquires 6.25 Lakh shares in the company 

Alex Smith

Alex Smith

2 weeks ago

3 min read 👁 5 views
Media stock jumps 8% after Porinju Veliyath acquires 6.25 Lakh shares in the company 

Synopsis: RK Swamy shares jumped 8% after ace investor Porinju Veliyath acquired 6.25 lakh shares worth Rs 6.55 crore, taking a 1.23% stake in the company, showcasing an interest in the media sector.

The shares of this company, which is engaged in the business of advertising in various media, such as television, newspapers, radio, outdoor, and strategic media planning and buying. Undertaking market research activities, offering research and analytics solutions and customer analytics, developing and managing campaigns in creative services and promotions, had its share in momentum following the stake acquisition by ace investor Porinju Veliyath

With the market cap of Rs 538 crore, the shares of R K Swamy Ltd gained about 8% and made a high at Rs 114.35, compared to its previous day closing price of Rs 105.55, and are trading at a PE of 27.8, whereas its industry PE is at 29. 

About the Stake acquisition 

Porinju Veliyath is a well-known Indian investor, as well as the founder of Equity Intelligence India, a Kerala-based fund management firm, which has a strong reputation for offering a value-oriented approach. He is also well-known for his ability to spot fundamentally strong mid- or small-cap stocks during their nascent stage. He has developed a strong reputation as a stock selector with a conservative approach.

Equity Intelligence India Limited acquired the 6.25 lakh shares of RK Swamy at an average price of Rs 104.92 apiece. The company paid Rs 6.55 crore for the purchase of 1.23% of the company’s paid-up equity capital.

This also reflects an increased interest in investing in RK Swamy as a company, and the deal clearly reflects a positive sign for the stocks of the company as an investment. Investors like Porinju are seen to be positive figures for the Indian stock market and are known to create a positive effect by investing in companies.

The revenue from operations for the company stood at Rs 73.65 crores in Q2 FY26 compared to Q2 FY25 revenue of Rs 65.62 crores, up by about 12 per cent YoY. However, the net profit stood at Rs 0.54 crore in Q2 FY26, slightly up compared to the Rs 0.52 crore profit in Q2 FY25.

The client list of RK Swamy Ltd highlights its strong credibility and leadership in India’s marketing and communications space, with a diversified portfolio spanning major public sector institutions like ONGC, NTPC, LIC, RBI, NABARD, SIDBI, Bank of Baroda, Union Bank, PNB and Air India.

The company also deals with leading private sector brands such as Cipla, Dr Reddy’s, Glenmark, Havells, Hawkins, Himalaya, Nilkamal, Rasna and Orient Cement, reflecting deep penetration across government, BFSI, FMCG, pharma and consumer sectors, and demonstrating its ability to manage large-scale, long-term brand mandates with high revenue visibility and low client concentration risk.

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