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3 Stocks in which Birla mutual fund has bought fresh stake in Q2; Do you own any?

Birla Mutual Fund, managed by Aditya Birla Sun Life AMC, offers diverse investment options and holds 133 stocks valued over ₹73,127.5 Cr. Recently added 3 stocks in Q2.
3 Stocks in which Birla mutual fund has bought fresh stake in Q2; Do you own any?
3 Stocks in which Birla mutual fund has bought fresh stake in Q2; Do you own any?

Introduction:

Birla Mutual Fund, managed by Aditya Birla Sun Life AMC, offers a broad range of investment options from equity to hybrid solutions, aimed at providing consistent returns. Corporate filings reveal Birla Group holds 133 stocks publicly, with a net worth exceeding Rs. 73,127.5 Cr.

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Ajanta Pharma Ltd: 

On December 13, 2024, Ajanta Pharma Limited opened at ₹2,840.65, slightly up from its previous close of ₹2,840.60. The stock reached a high of ₹2,861.95 and a low of ₹2,775.00 during the day. By 4:00 PM, it traded at ₹2,806.50, a decrease of 1.20%, with a market capitalization of ₹35,056.58 crore.

Birla Mutual Fund has taken a new position in Ajanta Pharma Ltd., investing ₹367.2 Cr to acquire 13,07,947 shares, representing a 1.10% stake. Ajanta Pharma is known for its strong presence in the pharmaceutical sector, focusing on specialty generic drugs.

Ajanta Pharma Ltd is a specialized pharmaceutical company engaged in the development, manufacturing, and marketing of quality finished dosages. Committed to ‘Serve Health Care Needs Worldwide’, the company produces a comprehensive range of specialty products targeting different therapeutic segments. 

Read More: When is JSW Cement IPO launching?

GE Vernova T&D India Ltd: 

On December 13, 2024, GE Vernova T&D India Limited opened at ₹1,906.00, down from its previous close of ₹1,926.45. The stock reached a high of ₹1,948.00 (1.12%) and a low of ₹1,890.00. By 4:00 PM, it traded at ₹1,935.00, a 0.44% increase, with a market cap of ₹49,545.00 crore.

Birla Mutual Fund’s fresh investment in GE Vernova T&D India amounts to ₹905.3 Cr for 46,90,170 shares, securing a 1.80% stake. GE Vernova specializes in technology and services related to power transmission and distribution.

GE Vernova T&D India Ltd, previously known as GE T&D India Limited, is an innovator in the field of power transmission and distribution technologies. The company offers a wide range of products and services that enhance energy efficiency and reliability in the electricity infrastructure.

Also Read: LG Electronics IPO: Important things to know before the IPO launch

Bharti Airtel Ltd: 

On December 13, 2024, Bharti Airtel Limited opened at ₹1,615.05, up slightly from its previous close of ₹1,611.25. The stock reached a high of ₹1,684.70 (4.56%) and a low of ₹1,606.45. By 4:00 PM, it traded at ₹1,681.95, a 4.39% increase, with a market cap of ₹9,57,842.40 crore.

Investing ₹10489.1 Cr, Birla Mutual Fund now holds a 1.00% stake in Bharti Airtel Ltd., with 6,23,70,114 shares. Bharti Airtel is a leading global telecommunications company with a significant presence in India and other markets.

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Bharti Airtel Ltd is a leading global telecommunications company operating in 18 countries across Asia and Africa. It provides 2G, 3G, 4G wireless services, mobile commerce, fixed line, high-speed home broadband, DTH, and enterprise services including national and international connectivity.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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