Mutual funds bought 46 lakh shares of Adani Enterprises last month
Adani Enterprises, which plunged 20% on Thursday after billionaire Gautam Adani and seven others faced charges in the United States in a multibillion-dollar bribery and fraud scheme, were among the top largecap picks of mutual funds last month.
Mutual funds added around 46 lakh shares of Adani Enterprises in their portfolio in October as the number of shares went up from 2.5 crore in September to around 2.96 crore, according to a report by Nuvama Alternative & Quantitative Research.
Adani Enterprises
Quant Mutual Fund added around 66.61 lakh shares of this stock whereas Invesco Mutual Fund sold around 7.57 lakh shares of Adani Enterprises.
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Adani Ports & Special Economic Zone (SEZ)
Sundaram Mutual Fund added around 5.68 lakh shares of Adani Ports & Special Economic Zone (SEZ).
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