Ace investor Porinju Veliyath has picked up a stake in Raunaq EPC International. According to BSE bulk deal data, Porinju bought 35,000 shares of the pipeline and storage infrastructure solutions provider at an average price of ₹143.26. Rajiv Garg, who had held 49,930 shares (or 1.49 per cent stake) at the end of March 2017, sold 29,000 shares. Raunaq EPC is promoted by the Surinder P Kanwar Group, whose group company includes Bharat Gears.
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