Tata Mutual Funds managed by Tata Asset Management Limited is a prominent asset management company in India, that offers a range of investment options to investors through mutual funds to invest in equity, debt, hybrid, and other financial instruments tailored to different risk appetites and financial goals
As per corporate shareholdings filed for June 30, 2024, Tata Mutual Fund publicly holds 47 stocks with a net worth of over Rs 11,842.7 Crores. Listed below are some of the stocks in which Tata Mutual Fund has made a fresh position in Q1FY25.
Radico Khaitan
Radico Khaitan Limited is engaged in the business of manufacturing alcohol and alcoholic products such as Indian-made foreign liquor and country liquor. Some of the brands sold by it are Magic Moments Vodka, Regal Talons Premium Grain whisky, 8 Pm Premium Black Whiskey, and many more.
With a market capitalization of Rs. 26,015 Crores, the shares of Radico Khaitan Limited closed at Rs. 1,944.90 per equity share, up 7 percent from its previous day’s close price of Rs. 1,817.95.
Tata Mutual Fund made a fresh position in Radico Khaitan Limited in Q1FY25 by purchasing a 3.47 percent stake or 46.35 Lakh equity shares.
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Its revenue from operations grew by 19.14 percent from Rs. 954 Crores in Q1FY24 to Rs. 1,137 Crores in Q1FY25, accompanied by profits of Rs. 63 Crores to Rs. 76 Crores.
Anant Raj Limited is a realty company, engaged in the business of construction and development of Information and Technology parks, data centers, hospitality projects, special economic zones, office complexes, shopping malls, residential projects, and many more.
With a market capitalization of Rs. 20,388 Crores, the shares of Anant Raj Limited closed at Rs. 596.35 per equity share, down 0.62 percent from its previous day’s close price of Rs. 600.10.
Tata Mutual Fund made a fresh position in Anant Raj Limited in Q1FY25 by purchasing a 1.7 percent stake or 58.23 Lakh equity shares.
Its revenue from operations grew by 49 percent from Rs. 316 Crores in Q1FY24 to Rs. 472 Crores in Q1FY25, accompanied by profits of Rs. 50 Crores to Rs. 91 Crores.
Sonata Software
Sonata Software Limited is primarily engaged in the business of providing Information Technology (IT) Services and Solutions, It specializes in cloud and data modernization, Microsoft Dynamics Modernization, digital contact center setup, and management, managed cloud services, and digital transformation services.
With a market capitalization of Rs. 18,676 Crores, the shares of Sonata Software Limited closed at Rs. 666 per equity share, up 1.26 percent from its previous day’s close price of Rs. 657.70.
Tata Mutual Fund made a fresh position in Sonata Software Limited in Q1FY25 by purchasing a 1.53 percent stake or 43.01 Lakh equity shares.
Its revenue from operations grew by 25.40 percent from Rs. 2,016 Crores in Q1FY24 to Rs. 2,527 Crores in Q1FY25, accompanied by profits of Rs. 120 Crores to Rs. 106 Crores.
ACC
ACC Limited is engaged in the business of manufacturing and selling Cement and Ready Mix Concrete across India. It is a subsidiary of Ambuja Cements and is a part of Adani Cements.
With a market capitalization of Rs. 43,726 Crores, the shares of ACC Limited closed at Rs. 2,328.50 per equity share, up 0.78 percent from its previous day’s close price of Rs. 2,310.40.
Tata Mutual Fund made a fresh position in ACC Limited in Q1FY25 by purchasing a 1.37 percent stake or 25.81 Lakh equity shares.
Its revenue from operations declined by 0.89 percent from Rs. 5,201 Crores in Q1FY24 to Rs. 5,155 Crores in Q1FY25, accompanied by profits of Rs. 466 Crores to Rs. 361 Crores.
Written by: Bharath K.S
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