We examine the key fundamentals of the fund, its portfolio and performance to help you make an informed investment decision.

Analysts have raised the price targets of some of the stocks since the beginning of August. These include REC, Zee Entertainment, Radico Khaitan, Sundram Fasteners, Welspun Corp, NCC, and Eris Lifesciences, among others, where consensus price targets have been raised by 10% to 25% earlier this month.

“If for the whole of the country, there are going to be only two food delivery companies, then the opportunity is much bigger and today maybe a 100 million customers out of 1.4 billion are using a service like this. Five years out, 200 million, 250 million of the middle class households might use that and then the frequency of use might improve.”

Sharekhan is bullish on Sundram Fasteners has recommended buy rating on the stock with a target price of Rs 1369 in its research report dated August 08, 2023.

Revenue from operations also declined to Rs 1,216 crore in the June 2023 quarter, as against Rs 1,240 crore in the year-ago quarter.

On July 25, Tuesday, StockEdge reported 34 stocks showing an uptrend in the Relative Strength Index (RSI), indicating positive momentum

Wednesday, July 19, witnessed a day of triumph for the S&P BSE 150 Midcap stocks as 11 companies soared to reach their 52-week highs. Out of this remarkable feat, ETMarkets has handpicked five stocks for a closer look, offering potential investors valuable insights to inform their investment decisions

As per the scheme information document dated April 28, 2023, the scheme has 1,619,927 folios, the highest among all open ended equity schemes offered by the fund house.