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Goldman Sachs stands as a global powerhouse in investment banking, asset management, and financial services. Renowned for its expertise in mergers and acquisitions, trading, and wealth management, Goldman Sachs has carved a formidable presence in the finance industry, catering to a diverse array of clients worldwide with innovative solutions and unparalleled advisory services. 

Here are the stocks in which Goldman Sachs bought a fresh stake in Q4FY24.

Suven Pharmaceuticals Ltd. 

Suven Pharmaceuticals Ltd. assists prominent worldwide pharmaceutical and fine chemical companies in their NCE development efforts. From process R&D to late-stage clinical and commercial production, we are devoted to providing clients with goods that meet their needs and expectations. 

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With a market capitalization of Rs 16,439 crore, on Friday, the shares closed at Rs 646 per share, decreased around 0.71 percent as compared to the previous closing price. 

Goldman Sachs India bought 28,30,570 equity shares which are equivalent to 1.11 percent of the company as of March 2024. 

The company’s revenue stood at Rs 220 crore in Q3FY24, during the same time frame, net profit stood at Rs 47 crore. 

Eureka Forbes Ltd. 

Eureka Forbes Limited (EFL), part of the Shapoorji Pallonji group, offers a range of health and hygiene products, including water purifiers, vacuum cleaners, air purifiers, and home security systems. 

With a market capitalization of Rs 9,478 crore, on Friday, the shares closed at Rs 490 per share, increased around 1 percent as compared to the previous closing price. 

Goldman Sachs India bought 29,78,658 equity shares which are equivalent to 1.54 percent of the company as of March 2024. 

The company’s revenue stood at Rs 539 crore in Q3FY24, during the same time frame, net profit stood at Rs 23 crore.

Inox India Ltd. 

Inox India Limited provides solutions for designing, developing, manufacturing, and installing cryogenic equipment and systems. Inox India specializes in delivering cryogenic equipment, namely tanks. The firm provides comprehensive solutions for equipment and systems that operate in cryogenic environments. 

With a market capitalization of Rs 12,126 crore, on Friday, the shares closed at Rs 1,336 per share, increased around 2 percent as compared to the previous closing price. 

Goldman Sachs India bought 10,45,964 equity shares which are equivalent to 1.15 percent of the company as of March 2024. 

The company’s revenue stood at Rs 290 crore in Q3FY24, during the same time frame, net profit stood at Rs 49 crore. 

Written by:- Abhishek Singh

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