Introduction:
Vanguard Fund, a globally renowned investment management company, was founded in 1975 by John C. Bogle and pioneered the concept of low-cost index funds. It focuses on providing diversified investment options with a long-term growth strategy while keeping expenses minimal.
With assets under management exceeding ₹66 lakh crore, Vanguard has transformed passive investing and remains a trusted leader for millions of investors globally. Below are some stocks in which Vanguard Fund has acquired a fresh stake.
Gokaldas Exports:
On December 06, Gokaldas Exports (BSE: GOKALD) opened at ₹955.00, reached a high of ₹980.90 and a low of ₹951.05, closing at ₹973.30, up by 0.13%. The company’s market capitalisation is ₹6,955.83 crore.
Vanguard Fund acquired a 2.4% stake in Gokaldas Exports during Q2 FY2024, purchasing 1,702,019 shares worth ₹163.4 crore. Gokaldas Exports is a major garment exporter based in India.
Gokaldas Exports is a leading apparel exporter, catering to global fashion brands with high-quality garments. The company excels in operational efficiency, sustainability, and market reach.
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Polyplex Corporation:
On December 06, Polyplex Corporation Ltd. (BSE: POLYPLEX) opened at ₹1,310.15, reached a high of ₹1,372.70 and a low of ₹1,306.45, closing at ₹1,367.70, up by 4.81%. The company’s market capitalisation is ₹4,293.55 crore.
Vanguard Fund acquired a 1.0% stake in Polyplex during Q2 FY2024, purchasing 327,608 shares worth ₹43.0 crore. Polyplex is a global leader in polyester film manufacturing electrical and industrial applications.
Polyplex Corporation is a global leader in polyester film manufacturing, serving packaging, electrical, and industrial applications. Known for innovation and sustainability, it has a robust global presence.
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Max Healthcare Institute:
On December 06, Max Healthcare Institute Ltd. (BSE: MAXHEALTH) opened at ₹1,103.70, reached a high of ₹1,103.70 and a low of ₹1,081.85, closing at ₹1,097.05, up by 0.16%. The company’s market capitalisation is ₹1,06,647.75 crore.
Vanguard Fund acquired a 1.1% stake in Max Healthcare during Q2 FY2024, purchasing 10,311,212 shares worth ₹1,066.5 crore. Max Healthcare is a prominent healthcare service provider in India.
Max Healthcare Institute is a premier healthcare provider in India, offering advanced medical services and patient care. It stands out for its excellence in clinical expertise and state-of-the-art facilities.
Laurus Labs:
On December 06, Laurus Labs Ltd. (BSE: LAURUSLABS) opened at ₹591.10, reached a high of ₹593.00 and a low of ₹583.40, closing at ₹589.60, up by 0.25%. The company’s market capitalisation is ₹31,788.83 crore.
Vanguard Fund acquired a 1.0% stake in Laurus Labs during Q2 FY2024, purchasing 5,410,831 shares worth ₹314.2 crore. Laurus Labs is a leading pharmaceutical and biotechnology company.
Laurus Labs specialises in active pharmaceutical ingredients (APIs) and formulations for global healthcare markets. The company is recognised for its R&D capabilities and commitment to affordable medicines.
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.
