SBI Mutual Fund, a prominent player in India’s mutual fund industry, offers a diverse range of investment solutions catering to various investor needs. With a strong track record and a wide distribution network, SBI Mutual Fund aims to provide investors with opportunities for wealth creation and financial growth.
Here are the stocks in which the SBI mutual fund bought a fresh stake in Q4FY24.
DOMS Industries Ltd.
DOMS Industries Limited is a stationery and art product firm that designs, develops, manufactures, and sells a wide range of items under its flagship brand, DOMS.
With a market capitalization of Rs 11,027.17 crore, the shares were trading at Rs 1,817.05 per share, increasing around 0.59 percent as compared to the previous closing price.
Sbi Mutual Fund bought 43,22,689 equity shares which is equivalent to 7.12 percent of the company as of March 2024.
The company’s revenue stood at Rs 372 crore in Q3FY24, during the same time frame, net profit stood at Rs 39 crore.
Shakti Pumps (India) Ltd.
Shakti Pumps (India) Ltd is primarily involved in the manufacture of pumps and motors of various types. It also provides modern water pumping systems for a wide range of applications, including irrigation, horticulture, home water supply, and commercial and industrial use.
With a market capitalization of Rs 3,548.62 crore, the shares were trading at Rs 1,771.20 per share, increasing around 5.00 percent as compared to the previous closing price.
Sbi Mutual Fund bought 8,27,472 equity shares which is equivalent to 4.13 percent of the company as of March 2024.
The company’s revenue stood at Rs 496 crore in Q3FY24, during the same time frame, net profit stood at Rs 45 crore.
Max Healthcare Institute Ltd.
Max Healthcare Institute Limited is primarily involved in the provision of healthcare services through primary care clinics, multi-specialty hospitals / medical centers, and super-specialty hospitals, which provide operation and management, medical services, clinical, radiology, pathology, and other healthcare services.
With a market capitalization of Rs 73,991.69 crore, the shares were trading at Rs 761.30 per share, increasing around 0.36 percent as compared to the previous closing price.
Sbi Mutual Fund bought 2,30,20,066 equity shares which is equivalent to 2.37 percent of the company as of March 2024.
The company’s revenue stood at Rs 1,335 crore in Q3FY24, during the same time frame, net profit stood at Rs 289 crore.
Written by:- Abhishek Singh
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