The Rs 1,750-crore Chennai veteran who holds assets for 2 decades just picked 2 beaten-down cyclicals
- Posted on May 19, 2026
- By Financial Express
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- 1 min read
The Rs 1,750-crore Chennai veteran who holds assets for 2 decades just picked 2 beaten-down cyclicals
Govindlal M Parikh is a name many retail investors might not recognise. Yet, this Chennai-based engineer-turned broker-turned-investor from the same 1980s Dalal Street era as Radhakishan Damani has a public portfolio worth over Rs 1,750 cr, almost entirely out of Tamil Nadu's old-economy giants. His latest tilt towards a battered cement and sugar conglomerate, paired with a struggling auto ancillary, reveals how a veteran reads the market.
