An investor is more confident buying a particular stock if a large number of mutual funds (MFs) schemes also hold the stock. In today’s MF analysis ETMarkets found five stocks that were held by over 100 MF schemes as of September 2022 and have gained over 50 percent in this current fiscal (FY23) so far (Data source: ACE MF)
Dabur India shares fall 4% even as Q1 earnings meet estimates. What’s spooking investors?
Dabur India shares dropped over 4% on Thursday after reporting Q1 earnings. The company announced a 15% rise in net profit and 11% revenue growth.