Introduction:
Mutual funds have recently increased their stake by up to 4% in select IT stocks, reflecting growing confidence in the sector’s growth potential. This surge highlights investor interest in technology-driven companies with strong fundamentals and consistent performance.
Cigniti Technologies Limited:
On March 28, 2025, Cigniti Technologies Limited opened at ₹1,469.90, reaching a high of ₹1,487.80 and a low of ₹1,455.10, down 0.64% from its previous close of ₹1,469.25. The stock closed at ₹1,459.90, with a market cap of ₹3,999.68 crores.
Mutual funds significantly increased their stake in Cigniti Technologies, marking a 4.02% rise quarter-on-quarter. This surge highlights growing institutional confidence and interest in the stock, reflecting positive sentiment toward its performance and future prospects.
Cigniti Technologies Limited (NSE: CIGNITITEC) is a leading global digital assurance and quality engineering company. It specializes in software testing services, digital transformation, AI/ML, and cybersecurity solutions, serving clients across diverse industries like healthcare, BFSI, retail, and technology worldwide.
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R Systems International Limited:
On March 28, 2025, R Systems International Limited opened at ₹334.50, reaching a high of ₹340.95 and a low of ₹322.55, down 1.75% from its previous close of ₹334.45. The stock closed at ₹328.60, with a market cap of ₹3,889.86 crores.
R Systems International witnessed a 3.71% increase in mutual fund holdings during the quarter. The rise indicates enhanced institutional participation, suggesting mutual funds are optimistic about the stock’s potential and future growth trajectory in the coming quarters.
R Systems International Limited (NSE: RSYSTEMS) is a global technology and analytics services company providing end-to-end software solutions. It offers product engineering, digital transformation, AI, machine learning, and data analytics services to clients in telecom, healthcare, finance, and other sectors.
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KPIT Technologies Limited:
On March 28, 2025, KPIT Technologies Limited opened at ₹1,335.00, reaching a high of ₹1,349.00 and a low of ₹1,300.00, down 1.96% from its previous close of ₹1,334.15. The stock closed at ₹1,308.00, with a market cap of ₹35,858.01 crores.
Mutual fund holdings in KPIT Technologies rose by 1.97% quarter-on-quarter. The increased stake signals growing interest from institutional investors, reflecting confidence in the stock’s potential and strategic importance in the investment portfolios of mutual funds.
KPIT Technologies Limited (NSE: KPITTECH) is a global technology company specializing in automotive engineering and mobility solutions. It focuses on electric vehicles, autonomous driving, connected vehicles, and embedded software, providing cutting-edge solutions to global automotive original equipment manufacturers (OEMs) and Tier-1 suppliers.
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.
