Business News

HDFC Defence Fund adds Cochin Shipyard & INDO-MIM, increases stake in HAL, Mazagon Dock, 5 others

FinSiddhi

In July, the HDFC Defence Fund made significant moves by adding Cochin Shipyard and INDO-MIM to its portfolio. The fund also augmented its investments in Hindustan Aeronautics and Mazagon Dock Shipbuilders, while expanding its holdings in five additional defence sector stocks. However, it opted to reduce its stakes in three companies, including Aequs, leaving the fund’s portfolio with a total of twenty-four varied defence-related stocks.
Read more at the source

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.

Related Posts

What happens after you apply for an organ transplant?

From medical evaluation and registry enrolment to waitlist priority, organ matching, surgery and lifelong follow-up, the transplant process in India involves multiple clinical, regulatory and coordination stages before a patient receives an organ.

In 1857, Napoleon III ordered French towns to drain a swamp and plant pine trees; the result became a 10,000-square-kilometre forest

In the nineteenth century, Napoleon III embarked on a grand forestation initiative in France, revamping marshy terrains into what is now the vast Forest of Landes. Today, this historic expanse grapples with the implications of climate change and heightened wildfire threats. To counteract these challenges, foresters are innovating their management strategies, ensuring the forest remains…