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 Funds have increased their holding in Q2FY25, that you can add to your watchlist
FSN E-Commerce
FSN E-Commerce Limited engaged in the business of manufacturing, selling, and distributing beauty, wellness, fitness, personal care, health care, skincare, and hair care products.
With a market capitalization of Rs. 54,872 Crores, the shares of FSN E-Commerce Limited closed at Rs. 192 per equity share, down 0.49 percent from its previous day’s close price of Rs. 192.95.
In Q2FY25 the Mutual Fund Corporations increased their holding in FSN E-Commerce Limited from 13.29 percent to 17 percent by purchasing an additional 3.71 percent stake.
Its revenue from operations grew by 22.81 percent from Rs. 1,422 Crores in Q1FY24 to Rs. 1,746 Crores in Q1FY25, accompanied by profits of Rs. 5 Crores to Rs. 14 Crores.
Zen Technologies
Zen Technologies Limited is engaged in the business of designing, developing, and manufacturing state-of-the-art Combat Training Solutions for the training of Defence &Security Forces worldwide.
With a market capitalization of Rs. 17,137 Crores, the shares of Zen Technologies Limited closed at Rs. 1,898 per equity share, down 1.95 percent from its previous day’s close price of Rs. 1,935.65.
In Q2FY25 the Mutual Fund Corporations increased their holding in Zen Technologies Limited from 0.16 percent to 4.55 percent by purchasing an additional 4.39 percent stake.
Its Revenue from operations grew by 92 percent from Rs. 132 Crores in Q1FY24 to Rs. 255 Crores in Q1FY25, accompanied by profits of Rs. 48 Crores to Rs. 79 Crores.
Route Mobile
Route Mobile Limited is a cloud communications platform service provider catering to enterprises, OTT players, and mobile network operators (MNOs), Its portfolio comprises solutions in Business Messaging, Voice, Email, SMS filtering, analytics, and monetization
With a market capitalization of Rs. 9,784.40 Crores, the shares of Route Mobile Limited closed at Rs. 1,554 per equity share, down 0.61 percent from its previous day’s close price of Rs. 1,563.60.
In Q2FY25 the Mutual Fund Corporations increased their holding in Route Mobile Limited from 1.01 percent to 6.08 percent by purchasing an additional 5.07 percent stake.
Its revenue from operations grew by 14.07 percent from Rs. 967 Crores in Q1FY24 to Rs. 1,103 Crores in Q1FY25, accompanied by profits of Rs. 92 Crores to Rs. 81 Crores.
Arvind Fashions
Arvind Fashions Limited is a fashion apparel company primarily engaged in the business of marketing and distribution of branded apparel and accessories, operating in the branded apparel, beauty, and footwear space. Its portfolio of owned and licensed international brands, includes US Polo, Arrow, Flying Machine, Tommy
Hilfiger, Calvin Klein, Sephora, and others.
With a market capitalization of Rs. 8,131 Crores, the shares of Arvind Fashions Limited closed at Rs. 610.40 per equity share, up 2.29 percent from its previous day’s close price of Rs. 596.75.
In Q2FY25 the Mutual Fund Corporations increased their holding in Arvind Fashions Limited from 10.02 percent to 15.96 percent by purchasing an additional 5.94 percent stake.
Its Revenue from operations grew by 10.17 percent YoY from Rs. 867 Crores in Q1FY24 to Rs. 955 Crores in Q1FY25, accompanied by a loss of Rs. 5 Crores to a profit of Rs. 14 Crores.
Cyient DLM
Cyient DLM Limited is one of the leading electronics system design and manufacturing players, which provides system design, integration, testing, and manufacturing of electronic components and subsystems for original equipment manufacturers (OEMs) in the aerospace, defence and other emerging sectors.
With a market capitalization of Rs. 20,580 Crores, the shares of Cyient DLM Limited closed at Rs. 1,854.95 per equity share, down 0.28 percent from its previous day’s close price of Rs. 1,860.15.
In Q2FY25 the Mutual Fund Corporations increased their holding in Cyient DLM Limited from 16.84 percent to 27.12 percent by purchasing an additional 10.28 percent stake.
Its Revenue from operations grew by 18.76 percent from Rs. 217 Crores in Q1FY24 to Rs. 258 Crores in Q1FY25, accompanied by profits of Rs. 5 Crores to Rs. 11 Crores.
Written by: Bharath KS
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