Every month mutual funds buy and sell securities to offer good returns to investors. Here are the top 10 smallcap stocks sold by mutual funds in April, according to a report by ICICI Direct Research.
TIMESOFINDIA.COM
Mutual funds held 6 lakh shares of Route Mobile in April against 15 lakh shares in March. The total market value of these shares in April was Rs 95 crore.
iStock
3/11
Marksans Pharma
Mutual funds held 100 lakh shares of Marksans Pharma in April against 194 lakh shares in March. The total market value of these shares in April was Rs 166 crore.
Agencies
4/11
Action Construction Equipment
Mutual funds held 3 lakh shares of Action Construction Equipment in April against 5 lakh shares in March. The total market value of these shares in April was Rs 50 crore.
5/11
Shaily Engineering Plastics
Mutual funds held 16 lakh shares of Shaily Engineering Plastics in April against 25 lakh shares in March. The total market value of these shares in April was Rs 102 crore.
Agencies
Mutual funds held 228 lakh shares of NMDC Steel in April against 349 lakh shares in March. The total market value of these shares in April was Rs 147 crore.
Agencies
7/11
Laxmi Organic Industries
Mutual funds held 59 lakh shares of Laxmi Organic Industries in April against 81 lakh shares in March. The total market value of these shares in April was Rs 152 crore.
iStock
8/11
Stylam Industries
Mutual funds held 4 lakh shares of Stylam Industries in April against 6 lakh shares in March. The total market value of these shares in April was Rs 70 crore.
Agencies
Mutual funds held 12 lakh shares of Astec Lifesciences in April against 15 lakh shares in March. The total market value of these shares in April was Rs 154 crore.
Agencies
Mutual funds held 17 lakh shares of VST Industries in April against 22 lakh shares in March. The total market value of these shares in April was Rs 691 crore.
Agencies
Mutual funds held 561 lakh shares of TV18 Broadcast in April against 703 lakh shares in March. The total market value of these shares in April was Rs 259 crore.
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