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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 protects 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 Q1FY25, that you can add to your watchlist 

Power Mech Projects 

Power Mech Projects Limited is an engineering and construction company engaged in the business of erection, testing, commissioning, operation, and maintenance of boilers, power plants, sub-critical power projects, infra projects, and many more across sectors like Mining, roads, water, Industrial plants, and others. 

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With a market capitalization of Rs. 7,790 Crores, the shares of Power Mech Projects Limited closed at Rs. 4,928.05 per equity share, down 1.82 percent from the previous day’s close price of Rs. 5,019.15. 

In Q1FY25 the Mutual Fund Corporations increased their holding in Power Mech Projects Limited from 11.94 percent to 15.65 percent by purchasing an additional 3.71 percent stake. 

Its Revenue from operations grew by 10.85 percent from Rs. 1,174.1 Crores in Q4FY23 to Rs.1,301.53 Crores in Q4FY24, accompanied by profits of Rs. 74.58 Crores to Rs. 84.41 Crores. 

Mas Financial Services 

Mas Financial Services Limited is a nonbanking finance company(NBFC) engaged in offering retail financing products for MSMEs, home loans, two-wheeler loans, used car loans, commercial vehicles, and many more. 

With a market capitalization of Rs. 5,390 Crores, the shares of MAS Financial Services Limited closed at Rs. 297.10 per equity share, up 2 percent from its previous day’s close price of Rs. 291.25.

In Q1FY25 the Mutual Fund Corporations increased their holding in Mas Financial Services Limited from 6.66 percent to 12.67 percent by purchasing an additional 6.01 percent stake. 

Its Revenue from operations grew by 21.89 percent from Rs. 269.17 Crores in Q4FY23 to Rs. 328.1 Crores in Q4FY24, accompanied by profits of Rs. 55.55 Crores to Rs. 68.05 Crores. 

Ami Organics 

AMI Organics (AMI) is one of the leading research and development-driven manufacturers of specialty chemicals, focused on the development and manufacturing of advanced pharmaceutical intermediates for regulated and generic active pharmaceutical ingredients, New Chemical Entities, and key starting materials for agrochemical and fine chemicals. 

With a market capitalization of Rs. 5,795 Crores, the shares of Ami Organics Limited closed at Rs. 1,416.80 per equity share, up 1.90 percent from the previous day’s close price of Rs. 1,390.35. 

In Q1FY25 the Mutual Fund Corporations increased their holding in Ami Organics Limited from 5.18 percent to 8.56 percent by purchasing an additional 3.38 percent stake. 

Its Revenue from operations grew by 20.7 percent from Rs. 186.38 Crores in Q4FY23 to Rs. 224.96 Crores in Q4FY24, accompanied by profits of Rs. 27.2 Crores to Rs. 25.68 Crores.

Written by Bharath KS

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