Vanguard is one of the world’s largest investment management companies, known for its low-cost mutual funds and exchange-traded funds (ETFs). It offers a wide range of index funds and actively managed funds, catering to both individual and institutional investors.
As of September, Vanguard Fund holds approximately Rs. 52,823 crore worth of shares across 36 companies in India. In Q2FY25, the firm acquired fresh stakes in these stocks, namely:
Max Healthcare Institute Ltd:
With a market capitalization of Rs. 90,311.07 crores, Max Healthcare Institute Ltd was trading at Rs. 923.85 up 1.95 percent from its previous close of Rs. 906.15 per share.
The Company is primarily engaged in providing healthcare services through primary care clinics, multi-specialty hospitals / medical centers, and super-specialty hospitals.
As per the Q2 shareholding data, Vanguard Fund has acquired a fresh stake of 1.06 percent in the company amounting to 1.03 crores equity shares valued at Rs. 942.65 crores.
For Q1FY25 the company reported a net profit decrease of 1.5 percent to Rs. 236.27 crores compared to Rs. 240.08 crores in Q1FY24, while revenue from operations marked an increase of 20 percent to Rs. 1,542.95 crores from Rs. 1,284.99 crores in comparison to the same period.
Laurus Labs Limited:
With a market capitalization of Rs. 24,809.42 crores, Laurus Labs Limited was trading at Rs. 456.70 up 2.10 percent from its previous close of Rs. 447.30 per share.
Laurus Labs is a science-led, fully integrated pharmaceutical and biotechnology manufacturing company with a leadership position in generic active pharmaceutical ingredients (APIs) in selected high-growth therapeutic areas of antiretrovirals (ARVs), Hepatitis C, and Oncology.
As per the Q2 shareholding data, Vanguard Fund has acquired a fresh stake of 1 percent in the company amounting to 54.10 lakh equity shares valued at Rs. 243.19 crores.
In Q2FY25, the company reported a 45 percent decline in net profit to Rs. 20 crores, compared to Rs. 37 crores in Q1FY24, while revenue from operations remained unchanged at Rs. 1,194.91 crores compared to the same period.
Polyplex Corporation Ltd:
With a market capitalization of Rs. 3,579.37 crores, Polyplex Corporation Ltd was trading at Rs. 1,140.20 down 0.25 percent from its previous close of Rs. 1,143.10 per share.
Polyplex Corporation is engaged in manufacturing BOPP, Blown PP/PE, and CPP films used in the flexible packaging industry and in industrial usages like release liners, tapes, labels, etc.
As per the Q2 shareholding data, Vanguard Fund has acquired a fresh stake of 1.04 percent in the company amounting to 3.27 lakh equity shares valued at Rs. 37.99 crores.
For Q1FY25 the company reported a net profit of Rs. 97.13 crores compared to a loss of Rs. 10.31 crores in Q1FY24, while revenue from operations marked an increase of 8 percent to Rs. 1,685.6 crores from Rs. 1,560.52 crores in comparison to the same period.
Written By: Joseph Pv
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