Ramco Industries Limited
Govindlal M Parikh increased his stake in Ramco Industries from 7.62% to 7.79%, purchasing 1,43,845 shares. Based on the current share price of ₹291.80, the transaction is valued at approximately ₹4.2 Cr.
A diversified manufacturer based in Chennai, Ramco Industries produces fiber cement sheets and calcium silicate boards for the construction industry. The company also operates cotton yarn spinning facilities, generates and sells surplus electricity through its windmill operations, and provides computer software services. This multi-sector presence creates a vertically integrated business model across construction materials, textiles, renewable energy, and technology.
A chemical engineer turned Dalal Street legend. Govindlal Parikh has been investing in Indian equities for several decades following a strict value discipline: buy low, never average up, hold for the long term. His concentrated positions in Sundram Fasteners, TVS Holdings, EID Parry, Ramco Cements, and Ramco Industries have compounded through multiple market cycles. Disclosed portfolio: ~$122 million. His '7 Lessons' series on Alpha Ideas is required reading for serious Indian value investors.