Archive · 21 Jul 2026
Dolly Khanna and Porinju Veliyath Invest in Microcaps
Dolly Khanna and Porinju Veliyath, well-known investors, have recently increased their stakes in two small companies, Savera Industries and Sundaram Brake Linings.
Savera Industries runs a hotel and wellness centers in Chennai and reported record revenue in the fiscal year 2026.
It is debt-free and offers a dividend yield of 2%.
Porinju Veliyath has been buying shares of Sundaram Brake Linings, a manufacturer of brake linings and other friction materials, despite the company's inconsistent financial performance.
Both companies are considered microcaps, which means they have a small market capitalization and can be volatile.
Investors should be cautious, as these stocks can be risky due to their thin trading volumes and potential for significant price swings.
Dolly Khanna increased her stake in Savera Industries to 1.3% by June 2026.
Porinju Veliyath increased his stake in Sundaram Brake Linings to 1.7% by June 2026.
Savera Industries reported record revenue and profitability in FY26, with a debt-free status and a dividend yield of 2%.
Sundaram Brake Linings has shown inconsistent financial performance, with losses in three quarters of FY26.
Both companies are microcaps with thin trading volumes, making them highly volatile and risky.
- Who
- Dolly Khanna and Porinju Veliyath, prominent investors.
- What
- Increased stakes in Savera Industries and Sundaram Brake Linings.
- When
- June 2026 filings.
- Where
- India.
- Why
- Confidence in the companies' future prospects despite market risks.
Investor Confidence
Market Risks
Investor Confidence
Investor Confidence
Dolly Khanna and Porinju Veliyath have increased their stakes in Savera Industries and Sundaram Brake Linings, indicating confidence in these companies.
Market Risks
The companies are microcaps with thin trading volumes, making them highly volatile and risky.
Financial Performance
Investor Confidence
Savera Industries reported record revenue and profitability in FY26, with a debt-free status and a dividend yield of 2%.
Market Risks
Sundaram Brake Linings has shown inconsistent financial performance, with losses in three quarters of FY26 and a significant drop in promoter holding.
Valuation
Investor Confidence
Savera Industries trades at a PE of 18x, which is lower than the industry median, making it appear undervalued.
Market Risks
Sundaram Brake Linings trades at a high PE of 125x, raising concerns about overvaluation despite its recent improvements.
- Savera Industries
- A hotel and wellness company based in Chennai.
- Sundaram Brake Linings
- A manufacturer of asbestos-free friction materials.
- Dolly Khanna
- A private investor who increased her stake in Savera Industries.
- Porinju Veliyath
- A fund manager who increased his stake in Sundaram Brake Linings.
- Market Cap
- Savera Industries: Rs 195 cr, Sundaram Brake Linings: Rs 320 cr.
- Promoter Holding
- Savera Industries: 64.62%, Sundaram Brake Linings: 63.93%.
- Dividend Yield
- Savera Industries: 2%, Sundaram Brake Linings: Resumed in FY24.
- Financial Performance
- Savera Industries: Record revenue in FY26, Sundaram Brake Linings: Inconsistent performance.