Indian fund managers buy 3% stake in this multibagger smallcap stock, world’s top sal fat producer
2 weeks, 5 days ago

Indian fund managers buy 3% stake in this multibagger smallcap stock, world’s top sal fat producer

Live Mint  

In today’s edition, we’ll look at a smallcap stock that fund managers have turned extremely bullish on. The bulk of the outperformance for Manorama Industries has come after April 2024, following strong results for FY24 and after the company split its shares. Let’s look at all the details… Three big fund managers load up on Manorama Industries According to exchange filings, LIC mutual fund, Aditya Birla Sun Life mutual fund, and Bank of India mutual fund have bought stakes in Manorama Industries through block deals. Meanwhile, Aditya Birla Sun Life MF acquired around 8.2 lakh shares, representing around 1.37% stake, at the same price as LIC MF. A close look at Manorama’s Financials… Manorama Industries has so far given a stellar performance in the first two quarters of FY25.

Company Fund Stake Shares Industries Fund Managers Lic Sal Manorama Manorama Industries  sal  multibagger  past  bought  fund  indian  company  stock  managers  mutual  price  manorama  producer  saraf  smallcap  shares  stake  worlds  industries

History of this topic

YES Bank, IREDA, Paytm, MGL - Top mid-cap and small-cap stocks MFs lapped up in December
1 hour, 10 minutes ago

YES Bank, IREDA, Paytm, MGL - Top mid-cap and small-cap stocks MFs lapped up in December

Live Mint  

Investors are often on the lookout for what mutual funds are buying and selling to understand market trends and make informed investment decisions. Company Value Dec-24 Value Chg MoM Shares Dec-24 Shares Chg MoM Yes Bank 4.3 161.8 218.6 166.7 HUDCO 6.8 89.6 28.9 92.8 Tata Elxsi 7.4 81 1.1 77.6 Godrej Properties 42.4 44.5 15.2 44 Indian Renewable 1.5 …

Small-cap stock under ₹200: Dolly Khanna raises stake in Prakash Industries in Q3
2 days, 2 hours ago

Small-cap stock under ₹200: Dolly Khanna raises stake in Prakash Industries in Q3

Live Mint  

Dolly Khanna portfolio stock: Ace investor Dolly Khanna raised a stake in small-cap stock under ₹200, Prakash Industries, during the third quarter of financial year 2024-25, shows the latest shareholding pattern on the BSE. According to the latest shareholding pattern filed by the company, Dolly Khanna's stake in the company rose by 0.11 per cent during Q3. At the prevailing …

BSE-listed small-cap penny stock completes ₹96 crore QIP. Mauritius-based FII among share allottees
2 weeks, 4 days ago

BSE-listed small-cap penny stock completes ₹96 crore QIP. Mauritius-based FII among share allottees

Live Mint  

Gujarat Toolroom Ltd., a BSE-listed small-cap company, announced the successful completion of a Qualified Institutions Placement, raising ₹95.66 crores. This initiative involved the issuance of 7.19 crore equity shares at ₹13.30 each, which includes a premium of ₹12.30 per share, the company announced in an exchange filing on December 27, 2024. Names of allottees with numbers included as specified Bridge …

Aditya Birla Sun Life, LIC, Bank of India mutual funds buy stakes in Manorama Industries
2 weeks, 6 days ago

Aditya Birla Sun Life, LIC, Bank of India mutual funds buy stakes in Manorama Industries

Live Mint  

Stock Market Today: LIC Mutual Fund, Aditya Birla Sun Life Mutual Fund, and Bank of India mutual fund bought stakes in Manorama Industries through block deals, suggested data on the BSE. Manorama Industries' promoters, namely Shrey Ashish Saraf, Vinita Ashish Saraf and Agastya Saraf and shareholder Ritu Saraf offloaded stakes on Tuesday, which LIC Mutual Fund, Aditya Birla Sun Life …

India’s equity mutual fund inflows come off record highs in November
Trending News
1 month ago

India’s equity mutual fund inflows come off record highs in November

Live Mint  

By Bharath Rajeswaran Dec 10 - Inflows into India's equity mutual funds declined 14.2% in November, after hitting a record high in the previous month, but offset hefty foreign outflows as domestic investors continued their buying spree undeterred by a market correction. Inflows stood at 359.43 billion rupees during November, the 45th consecutive month of inflows, the longest on record, …

Three recently debt-free stocks mutual funds can’t get enough of
1 month, 3 weeks ago

Three recently debt-free stocks mutual funds can’t get enough of

Live Mint  

One of the biggest red flags for investors when picking stocks is debt. Jupiter Life Line Hospitals Ltd The multi-specialty healthcare provider, which has a market cap of nearly ₹10,000 crore, had debt of ₹261 crore three years ago. Jupiter’s debt line Year Mar-19 Mar-20 Mar-21 Mar-22 Mar-23 Mar-24 Debt in Cr 252 263 262 322 298 0 Jupiter Life …

LIC Mutual Fund buys stake in this small-cap stock below ₹100 during Q2FY25
1 month, 3 weeks ago

LIC Mutual Fund buys stake in this small-cap stock below ₹100 during Q2FY25

Live Mint  

Stock Market Today: LIC Mutual Fund has bought stake in the small-cap stock JTL Industries priced below ₹100. The share holding data at the end of September 2024 quarter showed LIC Mutual fund stake at 1.54% in JTL Industries The LIC MF Large Cap Fund was holding 3021704 fully paid up equity shares of JTL Industries as per the shareholding …

Godrej Properties share price hits 52-week high, as company announces 11-acre project in Pune
6 months, 2 weeks ago

Godrej Properties share price hits 52-week high, as company announces 11-acre project in Pune

Live Mint  

Godrej Properties Ltd., a subsidiary of Godrej Industries, a real estate developer in India, has announced its plans to develop an 11-acre land parcel in Hinjewadi, Pune, on July 1. Gaurav Pandey, MD & CEO of Godrej Properties, said, "Hinjewadi is an important micro market for us in Pune, and we are happy to add this land parcel to our …

Market cap of 5 firms drops ₹2.23 lakh crore last week. How did Reliance Industries, LIC fare?
9 months, 4 weeks ago

Market cap of 5 firms drops ₹2.23 lakh crore last week. How did Reliance Industries, LIC fare?

Hindustan Times  

Reliance Industries and Life Insurance Corporation of India took a massive hit among five of the top 10 valued firms that faced a combined erosion of ₹2,23,600 crore from their market valuation last week. Besides Reliance Industries and LIC, the other companies that saw erosion from the market cap inclouded ICICI Bank, State Bank of India and Hindustan Unilever, PTI …

Zee’s largest shareholder, ICICI Prudential Mutual Fund, sells 42% of holding
11 months, 1 week ago

Zee’s largest shareholder, ICICI Prudential Mutual Fund, sells 42% of holding

Live Mint  

Bengaluru: Embattled Zee Entertainment Enterprises Ltd’s largest shareholder, ICICI Prudential Mutual Fund, has sold 42% of its holding in the company after Japan’s Sony Corp. called off the merger of its Indian entity with Zee, the country’s largest media and entertainment company. ICICI Prudential Mutual Fund, which owned 7.25% in Zee Entertainment as of 31 December, sold 2.15% equity between …

Shriram Properties shares rise over 7% today, here’s why
1 year, 1 month ago

Shriram Properties shares rise over 7% today, here’s why

Live Mint  

The shares of Shriram Properties rose nearly 6.68% to ₹126.95 apiece on Tuesday’s trading session. The shares recorded a substantial surge following a block deal that involved 16.80 million shares, equivalent to a 10 percent stake in the company, with a total value of ₹214 crore, according to a Bloomberg report. Shriram Properties experienced a remarkable 40 percent surge in …

Reliance, Infosys, Tata Motors among top largecap stocks mutual funds are buying
1 year, 9 months ago

Reliance, Infosys, Tata Motors among top largecap stocks mutual funds are buying

Live Mint  

Mutual funds remained bullish on the Indian equities in the just concluded fiscal FY23 and invested ₹1.82 lakh crore largely due to a strong interest from retail investors and the correction in the market that led to reasonable valuation. According to the monthly data analysed by domestic brokerages, major mutual fund houses have bought largecap stocks that include Infosys, Reliance …

Nippon India Vision Fund trims stake in this Rakesh Jhunjhunwala portfolio stock
2 years, 2 months ago

Nippon India Vision Fund trims stake in this Rakesh Jhunjhunwala portfolio stock

Live Mint  

Rakesh Jhunjhunwala portfolio: Indian Hotels share are one of the multibagger stocks that Dalal Street has produced in last few years. As per the shareholding pattern of Indian Hotels Company for recently ended September 2022 quarter, Nippon India Vision Fund has offloaded its shareholding in this Tata group stock. Nippon India Vision Fund shareholding As per the shareholding pattern of …

This mutual fund promises to make your Diwali more prosperous - Here's how
2 years, 2 months ago

This mutual fund promises to make your Diwali more prosperous - Here's how

India TV News  

Mutual Fund, Diwali offers: India is a land of many traditions and festivals, where people celebrate festivals with great pomp to keep their relationships strong and vibrant. The Mutual Fund segment as an investment arena has seen a great rally in the past 1.5 years and Nippon India Mutual Fund is one such product that has been giving great offerings …

Mutual Funds Sundaram, SBI buy stakes in Hatsun Agro for ₹269 cr in block deal
2 years, 4 months ago

Mutual Funds Sundaram, SBI buy stakes in Hatsun Agro for ₹269 cr in block deal

Live Mint  

Dairy products maker, Hatsun Agro Product on Tuesday climbed nearly 4% on exchanges after two major mutual fund houses bought certain shares in the company via the open market. At the same time, promoter Raja Ganesan Chandramogan offloaded a portion of his equity shares in the company aggregating to nearly ₹269 crore. According to block deals data on BSE, Sundaram …

Multibagger stock attracts FPI investment from Mauritius. Should you buy?
2 years, 6 months ago

Multibagger stock attracts FPI investment from Mauritius. Should you buy?

Live Mint  

Multibagger stock: Mauritius-based global investment firm, AG Dynamic Funds Ltd has bought 1,02,000 shares of Shubham Polyspin Limited — a multifilament yarn maker company in India. In last one week, this small-cap stock has surged from ₹198.50 apiece levels to ₹215.50 per share levels, logging around 8.50 per cent rise in this time horizon. In last one year, Shubham Poly …

Stocks to Watch: Reliance Industries, M&M, LIC, Coal India, BPCL, Jindal Steel
2 years, 7 months ago

Stocks to Watch: Reliance Industries, M&M, LIC, Coal India, BPCL, Jindal Steel

Live Mint  

NEW DELHI: Following are the stocks that could be in focus on Monday: Reliance Industries: The Indian government has lost its appeal in an English High Court against a $111 million arbitration award in favour of Reliance Industries Ltd. and Shell in a cost recovery dispute in the western offshore Panna-Mukta and Tapti oil and gas fields. Coal India: The …

Team Prashant Jain of HDFC MF raises bets on these 2 defence stocks
2 years, 10 months ago

Team Prashant Jain of HDFC MF raises bets on these 2 defence stocks

Live Mint  

Net inflows into open-ended equity-oriented mutual fund schemes rose about 35% to ₹19,644.86 crore in February compared with ₹14,552 crore in January. In February, Mutual Funds were seen adding names like Infosys, Reliance Industries, ICICI Bank and Manyavar whereas they slightly trimmed holdings in Tata Consultancy Services, Vedanta, Apollo Hospitals, and Escorts, as per data analysed by Edelweiss. National Aluminium …

Stocks to Watch: HDFC Bank, Zee Entertainment, Piramal Enterprise, Max Healthcare and More
3 years, 3 months ago

Stocks to Watch: HDFC Bank, Zee Entertainment, Piramal Enterprise, Max Healthcare and More

News 18  

Indian markets on Thursday, tracking global cues is expected to open in the negative territory. HDFC AMC: Foreign promoter Standard Life Investments sold 1,06,50,000 equity shares in the company at Rs 2,873.79 per share, whereas T Rowe Price Emerging Markets Stock Fund acquired 15,19,557 equity shares at Rs 2,871.05 per share on the BSE, the bulk deals data showed Max …

GAIL, Tata Motors, Emami: Here are the Top Stocks for Investors Today
4 years ago

GAIL, Tata Motors, Emami: Here are the Top Stocks for Investors Today

News 18  

The Indian stock market might open in the red as the SGX Nifty indicates a negative opening for the country after losing 23 points. Tata Motors: The homegrown automaker’s Jaguar Land Rover’s retail sales fell nine percent YoY to 1,28,469 units in the October-December quarter period last year. Emami: Mutual Funds reduced stake in the Indian conglomerate company to 20.41 …

Small towns account for 16% of MF asset base; Maharashtra biggest contributor
4 years, 1 month ago

Small towns account for 16% of MF asset base; Maharashtra biggest contributor

Live Mint  

The contribution of small towns or B30 cities to mutual fund industry's average assets under management of over ₹28 lakh crore stood at 16% as of October-end, while state-wise Maharashtra remained the biggest contributor to the assets base, industry body Amfi said. Since last few years, markets regulator Sebi has been pushing asset management companies to reach out to small …

Prashant Jain’s HDFC Mutual Fund stocked 16 crore Yes Bank shares in July
4 years, 5 months ago

Prashant Jain’s HDFC Mutual Fund stocked 16 crore Yes Bank shares in July

Live Mint  

Prashant Jain of HDFC Mutual Fund known for his inclination towards public sector stocks lapped up major IT and pharmaceutical companies in equity schemes in July. Top five shares sold by HDFC Mutual Fund were Vodafone Idea, Punjab National Bank, Reliance Industries, Bharti Infratel and Bharat Petroleum Corporation. According to Dolat Capital, HDFC Mutual Fund completely exited Arti Surfactants in …

What stocks SBI Mutual Fund bought and sold last month
4 years, 5 months ago

What stocks SBI Mutual Fund bought and sold last month

Live Mint  

Equity mutual funds registered negative inflows in July after muted inflows in the earlier month June. While investors are muddled on where to invest, here's a look at where and how the biggest fund house of the country, SBI Mutual Fund invested in the last month. Top five shares bought by SBI Mutual Fund SBI Mutual Fund bought 1.80 crore …

Here’s what SBI Mutual Fund, largest AMC bought and sold last month
4 years, 6 months ago

Here’s what SBI Mutual Fund, largest AMC bought and sold last month

Live Mint  

Equity mutual funds saw a considerable fall in the net inflows in June which were the lowest in over four years. An unpredictable investor mood and weird market movements makes it even more exciting to see how SBI Mutual Fund, the biggest mutual fund house of the country invested its investors’ money. SBI Mutual Fund, the largest mutual fund house …

What India’s top three mutual funds bought and sold last month
5 years, 4 months ago

What India’s top three mutual funds bought and sold last month

Live Mint  

Inflows into Indian equity mutual funds rose for the fourth straight month in August even as the nation’s stocks suffered their worst three-month period since 2016. Here’s what the top three asset managers bought and sold last month: HDFC Mutual Fund India’s top money manager held about $20 billion in equities, with financials accounting for 32% of stock assets followed …

What India’s biggest mutual funds bought and sold in July
5 years, 5 months ago

What India’s biggest mutual funds bought and sold in July

Live Mint  

Investors in Indian equity mutual funds bought more last month, unfazed by the selloff that saw the nation’s $1.9 trillion market log its worst July in 17 years. Here’s what the top three asset managers bought and sold last month: HDFC Mutual Fund India’s top money manager held about $21 billion in equities, with financials accounting for 32% of stock …

HDFC AMC's net profit jumps 25% to Rs 205.26 crore in June quarter; total revenues rises to Rs 501.15 crore
6 years, 4 months ago

HDFC AMC's net profit jumps 25% to Rs 205.26 crore in June quarter; total revenues rises to Rs 501.15 crore

Firstpost  

HDFC AMC is the second-largest fund house in the country in terms of total assets under management after ICICI Prudential Mutual Fund. New Delhi: HDFC Asset Management Company, the country’s second-largest mutual fund house, on Tuesday reported a 25 percent surge in net profit at Rs 205.26 crore for three months ended 30 June this year. In comparison, the fund …

HDFC AMC kicks off IPO today; company raises Rs 732 crore from anchor investors at Rs 1,100 per scrip
6 years, 5 months ago

HDFC AMC kicks off IPO today; company raises Rs 732 crore from anchor investors at Rs 1,100 per scrip

Firstpost  

HDFC AMC, which has a total asset under management of over Rs 3 lakh crore as of March-end, is the country’s second largest fund house after ICICI Prudential AMC that has an asset base of Rs 3.06 lakh crore during the same period. New Delhi: HDFC Asset Management Company, the country’s second largest mutual fund firm, garnered Rs 732 from …

HDFC AMC's Rs 2,800-cr IPO: Promoters to dilute 12.01% in asset management company
6 years, 5 months ago

HDFC AMC's Rs 2,800-cr IPO: Promoters to dilute 12.01% in asset management company

Firstpost  

With the HDFC AMC listing, the HDFC group has five publicly traded companies - HDFC, HDFC Bank, HDFC Life and Gruh Finance Mumbai: HDFC Asset Management Company, the second largest fund house, on Wednesday said its promoters will dilute 12.01 percent stake through the Rs 2,800-crore offer-for-sale issue that opens on July 25 at a price band of Rs 1,095-1,100 …

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