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Stocks in which HDFC group bought fresh stake in Q2 to keep an eye on

HDFC Group, a leading financial conglomerate, holds 283 stocks worth ₹522,800.5 crore, showcasing strategic investments. Stocks where HDFC Group bought fresh Q2 stakes are worth watching.
HDFC Group holds 283 stocks worth ₹522,800.5 crore; Q2 fresh stake additions highlight strategic investments.
HDFC Group holds 283 stocks worth ₹522,800.5 crore; Q2 fresh stake additions highlight strategic investments.

Introduction:

HDFC Group, one of India’s leading financial conglomerates, operates across banking, insurance, asset management, and housing finance sectors. Known for its robust financial performance and market leadership, the group has a significant presence in domestic and global markets, driving innovation and customer-centric solutions.

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As per the latest corporate shareholdings filed, HDFC Group publicly holds 283 stocks with a net worth exceeding ₹522,800.5 crore. Its diversified portfolio highlights strategic investments across industries, showcasing confidence in India’s growth story and reinforcing its position as a key institutional investor.

Bharat Forge Ltd

On December 4, 2024, Bharat Forge Limited (NSE:BHARATFORG) current price stood at ₹1,375.15, reflecting a 1.83% rise. The stock opened at ₹1,364.90, reaching an intraday high of ₹1,384.45 and a low of ₹1,351.40, with a market capitalization of ₹64,025.40 crore.

HDFC Group acquired a 1% fresh stake in Bharat Forge Ltd during Q2 2024. The holding, valued at ₹655.6 crore, represents 4,764,252 shares, showcasing confidence in the company’s global leadership in automotive and industrial forging.

Bharat Forge Ltd is a global leader in forging and metal components, catering to automotive, aerospace, energy, and industrial sectors. Headquartered in Pune, India, it is renowned for its advanced manufacturing technologies and innovation, driving growth and global partnerships across diverse industries.

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Ceat Ltd

On December 4, 2024, CEAT Ltd (NSE:CEATLTD) current price stood at ₹3,146.15, reflecting a 1.36% rise. The stock opened at ₹3,119.05, touched an intraday high of ₹3,249.70 and a low of ₹3,100.00, with a market capitalization of ₹12,726.21 crore.

HDFC Group purchased a 2.7% stake in Ceat Ltd in Q2 2024, amounting to ₹338.4 crore for 1,075,462 shares. This highlights trust in Ceat’s robust market presence in tire manufacturing for diverse automotive segments.

Ceat Ltd, part of the RPG Group, is a leading tire manufacturer in India, producing high-quality tires for two-wheelers, cars, trucks, buses, and agricultural vehicles. With a strong domestic and global presence, Ceat is known for innovation, durability, and customer-focused products.

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FIEM Industries Ltd

On December 4, 2024, FIEM Industries Ltd (NSE: FIEMIND) current price stood at ₹1,599.80, reflecting a 1.54% rise. The stock opened at ₹1,590.00, recorded an intraday high of ₹1,623.85 and a low of ₹1,560.00, with a market capitalization of ₹4,227.33 crore.

HDFC Group bought a 2.1% stake in FIEM Industries Ltd during Q2 2024. The investment, valued at ₹84.5 crore for 538,512 shares, indicates belief in FIEM’s expertise in automotive lighting and signaling equipment.

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FIEM Industries Ltd specializes in manufacturing automotive lighting, signaling equipment, and rearview mirrors. Catering to two-wheeler and four-wheeler segments, it is a trusted partner for major automobile manufacturers, known for advanced technology, high-quality standards, and a strong market presence in India and overseas.

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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