29 C
Guwahati
Wednesday, May 29, 2024

HDFC MF pares 2.12 stake in GRSE

- Advertisement -
- Advertisement -

KOLKATA, Aug 20: HDFC Mutual Fund (MF) has pared 2.12 per cent stake in Garden Reach Shipbuilders and Engineers (GRSE) between February 28 and August 17, held by its schemes.

The MF, informing the bourses, said it held a 7.4 per cent stake in GRSE as on February 28, and this has come down to 5.28 per cent as on August 17.

- Advertisement -

HDFC Balanced Advantage Fund is the MF scheme that holds a stake in GRSE. As on June 30, this scheme held a 6.04 per cent stake in the company, BSE data showed.

On the other hand, foreign portfolio investors (FPIs) held a 3.11 per cent stake in GRSE as on June 30, 2023. The government holds 74.5 per cent of the city-based PSU.

GRSE shares rose 28.53 per cent during the week to close at Rs 748.55 in NSE with a high volume of trading.

Foreign Portfolio Investors hold 3.11 per cent in the PSU warship maker as on June 30.

- Advertisement -

Other PSU port stocks like Mazgaon Dock and Cochin Shipyard also rose during the week. (PTI)

- Advertisement -
The Hills Times
The Hills Timeshttps://thehillstimes.in/
Welcome to The Hills Times, your trusted source for daily news and updates in English from the heart of Assam, India. Since our establishment in 2000, we've been dedicated to providing timely and accurate information to our readers in Diphu and Guwahati. As the first English newspaper in the then undemarcated Karbi Anglong district, we've forged a strong connection with diverse communities and age groups, earning a reputation for being a reliable source of news and insights. In addition to our print edition, we keep pace with the digital age through our website, https://thehillstimes.in, where we diligently update our readers with the latest happenings day by day. Whether it's local events, regional developments, or global news, The Hills Times strives to keep you informed with dedication and integrity. Join us in staying ahead of the curve and exploring the world through our lens.
Latest news
- Advertisement -
Related news
- Advertisement -
10 Must-Visit Monsoon Getaways From Hyderabad Top 8 Places To Visit In Tezpur, Assam 10 Breathtaking Valleys To Visit In India In 2024 Top 10 Summer Attractions In Meghalaya 10 Breathtaking Waterfalls in India