TCM Ltd, a specialty chemicals stock, is Porinju Veliyath’s latest stock pick. It is a micro-cap with a market capitalisation of only Rs. 33 crore. The shares are in the name of Shilpa Porinju Veliyath. The investment is 1,00,000 shares (1.34%) in TCM as of 30th June 2022.
TCM manufactures various specialty chemicals such as Potassium Chlorate, Copper Sulphate, Copper Oxychloride and its formulations, Strontium Nitrate, Strontium Carbonate and Sodium Sulphide. These are essential chemicals. It has a factory at Kalamassery in Kerala.
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