Quant Small Cap Fund exited Mazagon Dock and reduced stakes in Cochin Shipyard and HUDCO. The fund increased exposure in Aster DM Healthcare, Juniper Hotels, and other stocks, while adding new stocks Equinox India Developments and Alivus Life Sciences. Assets under management totaled Rs 25,183 crore.
Astral shares drop 6% after demerger. What should investors do?
Astral shares fell nearly 6% on Monday after the company’s board approved the demerger of its chemicals business into a newly incorporated entity, Astral Chemie.