Vanguard is a renowned global investment management company, offering a diverse range of mutual funds, ETFs, and other financial products. With a commitment to low-cost investing and a focus on long-term wealth accumulation, Vanguard has become a trusted choice for investors seeking reliable and efficient investment solutions worldwide.
Here are the stocks in which the Vanguard Fund group bought a fresh stake in Q1FY25.
CMS Info Systems Ltd.
CMS Info Systems Ltd. is an India-based cash management firm. The Company offers ATM and Cash Management services, including supply, installation, and maintenance of cash deposit machines. It also provides card trading and customizing services.
With a market capitalization of Rs 8,992.62 crore, the shares closed at Rs 552.50 per share, increased around 0.86 percent as compared to the previous closing price.
Vanguard Fund group bought 1,949,486 equity shares which is equivalent to 2.5 percent of the company as of June 2024.
The company’s revenue stood at Rs 599 crore in Q3FY24, during the same time frame, net profit stood at Rs 91 crore.
Reliance Infrastructure Ltd.
Reliance Infrastructure Limited is engaged in the business of engineering and construction. The Company operates through three segments: Power, Engineering, and Construction (E&C), and Infrastructure. The Power segment is engaged in the generation, transmission, and distribution of electrical power at various locations.
With a market capitalization of Rs 7,554.22 crore, the shares closed at Rs 190.70 per share, decreased around 0.50 percent as compared to the previous closing price.
Vanguard Fund group bought 8,889,442 equity shares which is equivalent to 2.2 percent of the company as of June 2024.
The company’s revenue stood at Rs 4,686 crore in Q3FY24, during the same time frame, net profit stood at Rs (98) crore.
Redington Ltd.
Redington Limited is an India-based technology solution provider company. The Company is engaged in the business of distribution of information technology, mobility, and other technology products besides supply chain solutions. The Company provides information technology solutions across cloud, technology, digital printing, and solar.
With a market capitalization of Rs 16,628.34 crore, the shares closed at Rs 212.70 per share, increased around 1.19 percent as compared to the previous closing price.
Vanguard Fund group bought 8,197,993 equity shares which is equivalent to 1.1 percent of the company as of June 2024.
The company’s revenue stood at Rs 22,433 crore in Q3FY24, during the same time frame, net profit stood at Rs 324 crore.
Written by:- Abhishek singh
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