Mutual funds are investment vehicles that pool money from multiple investors to purchase a diversified portfolio of stocks, bonds, or other securities, which helps reduce the overall risk of the investment and protect the investor’s portfolio from the volatility of individual securities.
Listed below are some of the stocks in which Mutual Fund Corporations have increased their holding in Q3FY25
Chennai Petroleum Corporation
Chennai Petroleum Corporation Limited is in the business of refining crude oil to produce & supply various petroleum products and manufacture and sale of lubricating oil additives.
With a market capitalization of Rs. 8,550 Crores, the shares of Chennai Petroleum Corporation Limited were trading at Rs. 574.10 per equity share, down 0.06 percent from its previous day’s close price of Rs. 574.45.
In Q3FY25 the Mutual Fund Corporations increased their holding in Chennai Petroleum Corporation from 0.15 percent in Q2FY25 to 1.38 percent in Q3FY25 by purchasing an additional 1.23 percent stake.
Gokaldas Exports
Gokaldas Exports Limited is engaged in the business of design, manufacture, and sale of a wide range of garments for men, women, and children and caters to the needs of several leading international fashion brands and retailers.
With a market capitalization of Rs. 7,278 Crores, the shares of Gokaldas Exports Limited were trading at Rs. 1,018.45 per equity share, down 0.09 percent from its previous day’s close price of Rs. 1,019.35.
In Q3FY25 the Mutual Fund Corporations increased their holding in Gokaldas Exports Limited from 28.40 percent in Q2FY25 to 31.07 percent in Q3FY25 by purchasing an additional 2.67 percent stake.
Taj GVK Hotels & Resorts
Taj GVK Hotels & Resorts Limited is engaged in the business of owning, operating & managing hotels, palaces, and resorts under the brand name “TAJ”.
With a market capitalization of Rs. 2,349 Crores, the shares of Taj GVK Hotels & Resorts Limited were trading at Rs. 374.65 per equity share, up 3 percent from its previous day’s close price of Rs. 363.85.
In Q3FY25 the Mutual Fund Corporations increased their holding in Taj GVK Hotels & Resorts Limited from 1.32 percent in Q2FY25 to 2.54 percent in Q3FY25 by purchasing an additional 1.22 percent stake.
Manorama Industries
Manorama Industries Limited is engaged in the manufacturing of specialty fats & butter, Cocoa Butter Equivalent, and exotic products from tree-borne and plant-based seeds and Nuts. It also offers customized solutions to Fortune 500 companies in the chocolate, confectionery, and cosmetic industry.
With a market capitalization of Rs. 5,967 Crores, the shares of Manorama Industries Limited were trading at Rs. 1,001.30 per equity share, down 0.26 percent from its previous day’s close price of Rs. 1,003.95.
In Q3FY25 the Mutual Fund Corporations increased their holding in Manorama Industries Limited from 0.87 percent in Q2FY25 to 3.82 percent in Q3FY25 by purchasing an additional 2.95 percent stake.
Wonderla Holidays
Wonderla Holidays Limited is engaged in the business of owning and operating amusement parks and resorts in India, its business segments involve Amusement Parks, Resort, Hotel, food and beverage and many others.
With a market capitalization of Rs. 4,606 Crores, the shares of Wonderla Holidays Limited were trading at Rs. 726.55 per equity share, up 1 percent from its previous day’s close price of Rs. 720.15.
In Q3FY25 the Mutual Fund Corporations increased their holding in Wonderla Holidays Limited from 6.12 percent in Q2FY25 to 11.14 percent in Q3FY25 by purchasing an additional 5.02 percent stake.
Written by: Bharath K.S
