DSIJ Mindshare

Axis Mutual Fund and HSBC Mutual Fund Take Fresh Positions in 2024-Listed Company; Stock Reports 350 Per Cent PAT Growth

The company posted a remarkable 352.6 per cent growth in Profit After Tax (PAT) for Q2 FY25, surging to Rs 75.88 crore from Rs 16.76 crore in the same quarter last year.

Manoj Reddy Sama 0 224 Article rating: 3.8

During the period of July to September domestic mutual funds Axis Midcap Fund and HSBC Small Cap Fund took positions in the company.

Axis Mutual Fund purchased 26 lakh shares in this multibagger small-cap company; FIIs & DIIs increased their stakes in Q4 FY24!

The company’s shares have delivered an impressive return of over 2500 per cent to their shareholders.

Rakesh Deshmukh 0 5976 Article rating: 3.9

The company's PAT grew by 78 per cent, while revenue increased by 55 per cent in FY24. Additionally, the company reduced its debt by 43 per cent according to the recent update.

Are you susceptible to fund manager risk?

Aside from the other systematic and unsystematic risks, investing in a mutual fund entails fund manager risk. In this post, we talk about fund manager risk and the steps to resolve it.

Henil Shah 0 994 Article rating: 4.8

Aside from the other systematic and unsystematic risks, investing in a mutual fund entails fund manager risk. In this post, we talk about fund manager risk and the steps to resolve it.

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