Nitta Gelatin can give decent return: Porinju Veliyath

Porinju Veliyath, MD & Portfolio Manager at Equity Intelligence India told CNBC-TV18, "Nitta Gelatin is a Kerala based gelatine making company, they make OCM which is the main raw material, it is made of bones. This company is around Rs 300-400 crore revenue. Nitta Gelatin is the global leader in the business. They along with Kerala government are holding 75 percent of Nitta Gelatin. It is a very illiquid stock."

"The company had lot of issues in the last 2-3 years. It is coming out of the problems related to pollution control. This is a very important product, it is not just a commodity company. Nitta Gelatin today at Rs 125-130 makes sense for small investors to take a small exposure and it can give decent returns going forward," he said.