New Delhi, April 21 -- Domestic mutual funds increased their holdings in Adani Group stocks during the March quarter, even as foreign investors continued to trim their stakes in the country's leading conglomerate.
According to exchange data, mutual funds raised their stakes in 06 out of 11 Adani Group companies during Q4FY25, with Adani Green Energy emerging as their top bet. Mutual fund holdings in the renewable power generation company rose to 1.01% in Q4FY25 from 0.37% in Q3FY25.
At the end of the March quarter, 27 mutual fund houses held positions in Adani Green Energy, up from 21 in the December quarter. Meanwhile, Adani Enterprises also saw an increase in mutual fund holdings, which rose to 2.49% from 2.37% in Q3FY25. Other group ...
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