HDFC Mutual Fund raises stake to 7.27% in this beaten down mid-cap stock

HDFC Mutual Fund has raised its stake in midcap stock BEML to 7.37 percent from 5.23 percent earlier.

According to the disclosure, HDFC Mutual Fund, through its various schemes, acquired an additional 8,49,308 equity shares of BEML Limited. Before the acquisition, the fund’s holding stood at 5.23 percent, representing 21,79,541 shares with voting rights. Following the transaction, its total holding increased to 30,28,849 shares, equivalent to 7.27 percent of the paid-up equity share capital of the company.

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India Stocks Move in the Red [04 Sep 2024]

The BSE Sensex fell 477 points or 0.6% to 82,079 in early deals on Wednesday after being flat in the previous session, tracking a drop in Asian peers, following losses on Wall Street overnight amid a significant sell-off in tech stocks.

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3 Adani Group stocks eligible for inclusion after Sebi’s F&O entry, exit norms’ revision

Adani Group Stocks

Three Adani Group stocks viz. Adani Green Energy, Adani Energy Solutions and Adani Total Gas are eligible for inclusion in the derivatives segment as per the new criteria for the entry into the futures & options (F&O). Securities and Exchange Board of India (Sebi) on Friday tweaked the entry and exit criteria for stocks via a circular.

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