HDFC Mutual Fund is a prominent asset management company in India, offering a diverse range of investment solutions to meet the financial objectives of investors. With a focus on delivering consistent returns and managing risk effectively, HDFC Mutual Fund is trusted by millions of investors across the country.
Here are the stocks in which HDFC mutual fund bought a fresh stake in Q4FY24.
Great Eastern Shipping Company Ltd.
Great Eastern Shipping Company Limited handles the transportation of crude oil, petroleum products, gas, and dry bulk goods. The company operates in the shipping sector. The Company’s customers include oil firms, refineries, manufacturers, miners, and producers, among others.
With a market capitalization of Rs 15,158.86 crore, the shares were trading at Rs 1,012.00 per share, increasing around 0.07 percent as compared to the previous closing price.
HDFC mutual Fund holds 91,17,002 equity shares which is equivalent to 6.39 percent of the company as of March 2024.
The company’s revenue stood at Rs 1,245 crore in Q3FY24, during the same time frame, net profit stood at Rs 538 crore.
Metropolis Healthcare Ltd.
Metropolis Healthcare Limited provides diagnostic services. Pathology services are the company’s primary business. The company provides a variety of clinical laboratory tests and profiles that are used to forecast, identify, screen, confirm, and monitor the condition.
With a market capitalization of Rs 9,164.49 crore, the shares were trading at Rs 1,789.00 per share, decreasing around 0.23 percent as compared to the previous closing price.
HDFC mutual Fund holds 34,06,307 equity shares which is equivalent to 6.65 percent of the company as of March 2024.
The company’s revenue stood at Rs 291 crore in Q3FY24, during the same time frame, net profit stood at Rs 27 crore.
Five-Star Business Finance Ltd.
Five-Star Business Finance Limited is an NBFC that does not accept deposits. The company’s primary operation is to provide loans for business, home renovation/extension, and other mortgage reasons.
With a market capitalization of Rs 20,676.16 crore, the shares were trading at Rs 707.00 per share, increasing around 2.01 percent as compared to the previous closing price.
HDFC mutual Fund holds 83,51,451 equity shares which is equivalent to 2.86 percent of the company as of March 2024.
The company’s revenue stood at Rs 567 crore in Q3FY24, during the same time frame, net profit stood at Rs 217 crore.
Written by:- Abhishek Singh
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