These 7 unique stocks were held by mutual funds in June. Do you own any?
In June 2024, Nippon India Mutual Fund held Sundaram Finance Holdings, with the Nippon India Small Cap Fund holding 90.35 lakh shares valued at ₹243.14 crore.
IREDA Q1 Results: PAT jumps 30% YoY to Rs 384 crore, revenue surges 32%
IREDA Q1 Results: The state-run NBFC saw a significant increase in loan sanctions, up 387% to Rs 9,210 crore compared to Rs 1,892 crore in the same period last year. Loan disbursements also rose by 68%, reaching Rs 5,326 crore compared to Rs 3,173 crore in the previous year.
Demand side concerns continue for HCL Tech as it reports weaker revenue
HCL Tech’s Q1 FY25 results were mixed, with better-than-expected net profit due to higher other income offsetting disappointing revenue growth. Operating margins were under pressure as anticipated, and the company secured fewer new deals compared to the previous quarter, a trend also seen in its larger competitor, TCS.
Ace investor Akash Bhansali raises stake to 1.21% in Paytm in June quarter
Bhanshali holds 19 stocks besides Paytm, totaling over ₹5,980.4 crore. Notably, retail investors increased their stakes in the company by 1.30% in the April-June quarter, reaching 16.56%.
Tech View: Nifty ends in green for 6th straight week. Here’s how to trade on Monday
Bulls are in full control of the market at the current juncture and are using every intraday correction to create long positions. The price action has sustained well above the moving averages in the last few days, which is an indication of steadiness. Support for Nifty is now seen at 24,350 and 24,150-200 levels. On […]
Oil India and Gujarat Gas are the two top picks in oil & gas sector? Swarnendu Bhushan explains why
Since the oil and gas production growth will be very strong for Oil India and the momentum is expected to continue for some more time. Another stock is Gujarat Gas, which is in city gas distribution. After the monsoon, construction activities will pick up again and we will see that industrial offtake for Gujarat Gas […]
Directionally, flows will be very healthy for the rest of the year: Rakesh Rawal, Anand Rathi Wealth
Directionally, I think that the flows will be very healthy for the rest of the year, says Rakesh Rawal of Anand Rathi Wealth. The proportion of debt is coming down for us and the proportion of equity is going up. So, from 48% of our total mix of equity funds one year ago, we are […]
PMS Tracker: Crorepati investors make 24% return in a month with SME fund
Hem Securities’ India Rising SME Stars led June returns with 23.81%. Funds by Saurabh Mukherjea, Sunil Singhania, and others excelled, with 90 funds reporting double-digit returns. Notable performers include Wallfort PMS, Equitree, and Accuracap.
Sensex back to 80,000: Bajaj Finance among 5 short sell ideas from analysts
Sensex and Nifty being at record high levels, many traders are uncomfortable going long as the risk-reward ratio looks more in favour of shorts in multiple stocks.
Ganesh Green Bharat shares list at 90% premium over IPO price
Ganesh Green Bharat Share Price: Ganesh Green Bharat’s shares debuted on the NSE SME platform with a 90% premium on Friday, opening at Rs 361 against an issue price of Rs 190. Prior to listing, the company’s shares traded at a premium of Rs 170. The IPO, consisting entirely of fresh equity of 65.91 lakh […]