Borusan Investment

Borusan Yatirim ve Pazarlama A.S. is an investment holding that manages its stakes in Borusan Group companies. It does not manufacture anything itself, so its value comes largely from its subsidiaries. Its shares trade on Borsa Istanbul under the ticker BRYAT; BRYAT stock offers an indirect way to become a shareholder in the group's industrial and service companies.

Its portfolio of holdings covers steel pipe maker Borusan Boru, flat steel processor Borcelik and Supsan in the manufacturing group; Borusan Cat, the dealer for Caterpillar construction machinery, in the machinery and power systems group; and Borusan Otomotiv in the automotive group. This mix means exposure to different economic cycles, ranging from steel to construction machinery and car trading.

For investment holdings, the discount between the value of the subsidiaries and the holding's share price, dividends received from subsidiaries and intra-group restructurings are important themes. Steel prices, demand for construction machinery and the car market also feed into results through the subsidiaries. Lzzo.com provides the BRYAT price chart and a comparison with similar holding stocks.