Mutual Funds companies invested heavily in these 5 stocks, have you invested in any

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Coronavirus pandemic And after the Russia-Ukraine war, worldwide inflation is at its peak. Due to this, there is a possibility of recession in many countries of the world. However, investors are investing heavily in this most oblivious Indian stock market. Foreign investors are also making record investments. Mutual fund houses are also not hesitating to invest in shares of good companies. This year mutual fund companies have invested in a lot of stocks but there are some stocks on which multiple mutual fund houses have bet simultaneously. We are telling you 5 such stocks on which a huge amount has been invested by mutual fund companies.

1. KAJARIA CERAMICS

Kajaria Ceramics, a manufacturer of tiles, bathware and sanitaryware, is a strong player in the building materials space. This company is expected to get the benefit of continuous boom in the real estate market. It is the largest manufacturer of ceramic/vitrified tiles in India. Due to this, mutual fund companies are betting heavily on the shares of this company. In one year, mutual fund companies have bought 1.26 crore shares of this company. Today the company’s stock is up more than 2 per cent and the stock is trading at Rs 1,048.95.

2. ICICI LOMBARD

ICICI Lombard is a good company in the non-life insurance sector. The company is focusing on expanding its distribution network in Tier-3 and Tier-4 cities. The company’s returns have seen improvement, due to which the return on investment income has improved. The company is expected to grow further in the future. Due to this, mutual fund companies are increasing investment in it. This year mutual fund companies have bought 2.57 crore shares of this company. The company’s stock today is trading at Rs 1,129.40, down less than 1 per cent.

3. CUMMINS INDIA

Cummins is witnessing strong demand in both domestic and export markets. Margins of the company are also expected to improve in the face of fall in commodity prices and a competitive scenario. The company’s focus is on automation which will further drive margin expansion. Market experts are expecting a sharp jump in its share price. In the last one year, mutual fund companies have bought 1.17 crore shares of this company. Today the company’s stock is trading at Rs 1,341.30, down 0.63%.

4. KEC INTERNATIONAL

KEC has tenders worth Rs 1.1 lakh crore. The company has increased its revenue by 20% (as against 15% earlier) in 2022-23, which is a record. KEC expanded its presence in the new emerging area of ​​Train Collision Avoidance Systems in the railway business. In civil, the company is executing eight water projects worth Rs 2,500 crore. This is the third order for the data center. Margins are expected to improve from the coming October-December quarter. Overall, the company is sure to do better in the future. Due to this mutual fund companies are betting. Last year mutual fund companies bought 38.78 lakh shares of this company. Today the company’s stock is trading at Rs 417.75, down 1.33 per cent.

5. LAURUS LABS

Laurus Labs operates in the segments of Generic API (Active Pharmaceutical Ingredients) & Formulations, Custom Synthesis and Biotechnology. Strong performance in Custom Synthesis and API businesses helped it achieve strong revenue growth of 31% in June-September compared to a year ago. However, the formulations business has suffered significant losses due to poor anti-retroviral offtake. Overall the future of the company is bright. Due to this, mutual fund companies have increased investment. In the last one year, mutual fund companies have bought 1.84 crore shares of Laurus Labs. Today it is trading at Rs 449.70, down 0.078 per cent.

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