Key Points
Mutual funds bought stocks across finance, insurance, pharmaceutical, capital goods, infrastructure, technology, auto ancillary and consumer durables sectors last month...
In April, the S&P BSE Midcap and Smallcap indices net gained 6% and 7.3%, respectively, outperforming Sensex, which net gained 5%...
Aditya Birla Sun Life AMC was a big buyer in Poonawalla Fincorp, as its ownership in terms of the number of shares rose by 67% month-on-month..
Shares of the company were bought by Aditya Birla Sun Life AMC, Axis Mutual Fund, HDFC AMC, ICICI Prudential AMC, and Nippon AMC...
Auto ancillary company Minda Corporation, which has outperformed Nifty 50 by 21% in the last 1 year, was bought by Aditya Birla AMC..
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Persistent Systems board approves 2-for-1 stock split, declares Rs 32/share interim dividend
20, Jan, 24The existing one equity share having a face value of Rs 10 each, will be split into two equity shares having a face value of Rs 5 each, the company said in an exchange filing. This is the first time the company will be splitting the shares since it got listed. Further, the board has also recommended an interim dividend payout of Rs 32 a share for the current financial year.
Mutual funds sell 13.36 crore shares of Suzlon Energy after 369% rally in 6 months
13, Nov, 23Suzlon tops the sell list of mutual funds like HDFC AMC and Bandhan MF during the month. At an aggregate level, mutual funds owned 62.89 crore shares of the stock in September which fell down to 49.53 crore shares last month.
What mutual funds did with Adani stocks, Zomato and Paytm last month
14, Mar, 23Equity mutual funds, which attracted inflows of Rs 15,685 crore in February, bought shares of Interglobe Aviation or IndiGo, PSU stock GAIL, realty player Macrotech Developers, Tata Motors, Tech Mahindra, HDFC AMC, PVR, Indiabulls Housing Finance and Nazara Technologies.
Microsoft shares hit all-time closing high; nears $2.6 trillion market value
15, Jun, 23Microsoft shares hit a fresh record high Thursday, valuing the tech giant at nearly $2.6 trillion, as its early-mover advantage into AI technology looks to challenge Apple's place as the world's most valuable company
Vedanta shares cross Rs 500 mark after gaining 5%. More gains ahead?
26, Sep, 24Vedanta’s performance in 2024 has been impressive, with the stock climbing 95% so far this year and gaining 124.35% over the last 12 months. Over a five-year period, the stock has risen by 202%.
Mutual funds miss the multibagger bus in these 5 smallcap stocks. Should you chase?
17, Nov, 23Action Construction Equipment, Jyothy Labs and ITD Cementation India - to give returns going up to 174% in the last one year.
Contra Bet! MFs bought 1 crore Infosys shares in May when FPIs stayed underweight on IT pack
23, Jun, 23Mutual funds have bought shares in Infosys, with ICICI Prudential AMC purchasing Cognizant Technology Solutions, Aditya Birla Sun Life AMC purchasing Wipro, and Mirae Asset Management buying Coforge last month. Although the mutual funds were inclined to overweight on the IT sector, risks of further earnings downgrades remain. While some investors argue that a slowdown is already priced into the shares, a weak earnings outlook from US major Accenture Plc persists, which quoted challenging global macroenvironment, clients curbing discretionary spending, and reduced annual growth guidance for the second time.
Medanta stock turning a multibagger makes founder Naresh Trehan a billionaire
30, Nov, 23The 4% gains on Thursday turned shares of the hospital chain operator into a multibagger. The stock has given 104% returns so far in 2023.
MRPL stock soars over 17.5%, sets new record high after 16 years; here's why
11, Jan, 24Shares of Mangalore Refinery and Petrochemicals surged 17.8% to hit a new record high of ₹158 apiece in today's trading session, surpassing their previous record set in 2008. The stock has generated multibagger returns of 137.52% in 2023.