Small-cap stocks have the potential to deliver high returns due to the growth opportunities presented by small-cap companies. Mutual funds often favour these firms due to their higher growth rates compared to large-cap companies, leading to potentially greater returns for investors.
Listed below are three such small-cap stocks in which Mutual Funds have increased their stake up to 16 percent in Q1 FY25
Craftsman Automation Ltd
Craftsman Automation Ltd. is a leading engineering organization engaged in the manufacturing of Automotive components, Tool Room, Mould Base, Storage Systems, Gears, Special Purpose Machines & Aluminium Foundry,
In the June quarter of FY 2024, the mutual funds increased their stake from 11.94 percent to 16.23 percent in Craftsman Automation Ltd. This increase of 4.29 percent will drive investor attention towards the company.
With a market capitalization of Rs.12,395 crore, the share of Craftsman Automation Ltd is currently trading at Rs.5,200 per share on Wednesday, increasing around 0.5 percent from its previous closing price.
Additionally, the company has reported an 11 percent rise to Rs.1,151 crore in its revenue from operations. However net profit decreased 27 percent to Rs.59 crore in the quarter ending June 2024.
Craftsman Automation’s share price opened at Rs.5,383.3 per share on Wednesday, 0.02 percent up from its previous close.
Sharda Motors Industries Ltd.
Sharda Motor Industries Limited is an Indian company involved in the production and assembly of automotive components. Its main offerings include parts for motor vehicles, such as suspensions, silencers, and exhaust pipes, catering to various automotive needs.
In the June quarter of FY 2024, the mutual funds increased their stake from 0.04 percent to 7.9 percent in Sharda Motor Industries Limited. This increase of 7.86 percent reflects growing investor confidence in the company’s prospects.
With a market capitalization of Rs.6,800 crore, the share of Sharda Motor Industries Ltd is currently trading at Rs.2,287.85 per share on Wednesday, increasing around 1.5 percent from its previous closing price.
Furthermore, the company reported a 5 percent rise to Rs.685 crore in its revenue from operations and a 38 percent rise to Rs.76 crore in net profits for the quarter ending June 2024.
Sharda Motor’s share price opened at Rs.2,734.7 per share on Wednesday, 2 percent up from its previous close.
Arvind Ltd.
Arvind Limited is a prominent vertically integrated textile company in India, with nearly eight decades of experience in the industry. It ranks among the world’s largest denim producers and offers a diverse range of products, including cotton shirting, denim, knits, khakis, and garments like jeans and shirts.
In the June quarter of FY 2024, the mutual funds increased their stake from 13.92 percent to 15.88 percent in Arvind Limited. The increase of 1.96 percent reflects a positive outlook on the company’s growth potential and market position.
Also Read
With a market capitalization of Rs.10,285 crore, the share of Arvind Limited is currently trading at Rs.390.05 per share on Wednesday, increasing around 0.76 percent from its previous closing price.
Furthermore, Arvind Limited reported a 1 percent decrease to Rs.1,831 crore in its revenue from operations and a 37 percent decrease to Rs.44 crore in net profits for the quarter ending June 2024.
Arvind Ltd’s share price opened at Rs.403.65 per share on Wednesday, 0.5 percent up from its previous close.
Written by – Siddesh S Raskar
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
