Latest news with #IPCALaboratories
Business Upturn
7 days ago
- Business
- Business Upturn
IPCA Laboratories shares dip over 2% after HSBC cuts target price to Rs 1,330
By Aman Shukla Published on June 2, 2025, 09:37 IST IPCA Laboratories Ltd. shares fell more than 2% in early trading following HSBC's downgrade of the stock's target price to ₹1,330 per share. The brokerage maintained a Hold rating on the stock, reflecting a cautious outlook. As of 9:36 AM, the shares were trading 1.69% lower at Rs 1,400.70. HSBC's review of IPCA's Q4 results showed a slight beat on EBITDA margins, but impairment costs weighed on the company's PAT (Profit After Tax). The brokerage noted that a lower tax rate provided some relief to the bottom line. Looking ahead, HSBC projects an 8-10% revenue growth for IPCA Laboratories in the medium term. However, the brokerage also mentioned that growth could accelerate to 12-13% if the expected synergies from the recent Unichem acquisition materialize. IPCA Laboratories shares opened at ₹1,428.00, reaching the same high during the session. The stock dipped to a low of ₹1,390.00. Over the past year, the share price has fluctuated between a 52-week low of ₹1,052.00 and a high of ₹1,755.90. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Time of India
13-05-2025
- Business
- Time of India
Parag Parikh Flexi Cap Fund exits ITC Hotels and increases stake in 8 stocks
Parag Parikh Flexi Cap Fund , the largest flexi cap fund based on assets managed, made a complete exit from ITC Hotels in April by selling 98.99 lakh shares from its portfolio, whereas it increased its stake in eight stocks in the same period. #Operation Sindoor The damage done at Pak bases as India strikes to avenge Pahalgam Why Pakistan pleaded to end hostilities Kashmir's Pahalgam sparks Karachi's nightmare Around 72.49 lakh shares of Coal India were added to the portfolio on a monthly basis, taking the total number of shares to 14.83 crore in April against 14.10 crore shares in March. The fund also added 40.76 lakh shares of ITC in the same period. Also Read | Largecap mutual funds gain investor interest, inflows surge by 8% in April Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like This Wrinkle Cream Keeps Selling Out At Costco (Find Out Why) The Skincare Magazine Undo The shares of Zydus Lifesciences went up to 1.39 crore in April by increasing 9.32 lakh shares to the portfolio. Around 8.51 lakh shares of Power Grid Corporation of India and 6.40 lakh shares of Mahindra & Mahindra were added to the portfolio in the mentioned period. The largest flexi cap fund added 2.70 lakh shares of Dr. Reddy's Laboratories and 1.44 lakh shares of EID Parry India to its portfolio in the mentioned period. And lastly, it added 3,592 shares of Maruti Suzuki India to its portfolio. Live Events The exposure in two stocks was reduced, which included Motilal Oswal Financial Services and IPCA Laboratories. Around 23.27 lakh shares of Motilal Oswal Financial Services and 69,771 shares of IPCA Laboratories were reduced from the portfolio in the mentioned period. The exposure in 16 stocks remained unchanged which included HDFC Bank , Bajaj Holdings & Investment, ICICI Bank , Kotak Mahindra Bank , HCL Technologies , Infosys , Cipla , Indian Energy Exchange , CDSL , Swaraj Engines, Maharashtra Scooters, and Multi Commodity Exchange of India. No new stock was added to the portfolio in the said period. The fund had 26 stocks in its portfolio in April against 27 stocks in March. Parag Parikh Flexi Cap Fund (PPFCF) is an open-ended equity-oriented scheme with flexibility to invest a minimum of 65% in Indian equities and up to 35% in overseas equity security and domestic debt/money market securities. The core portfolio consists of equity investments made with a long-term outlook, and the factors considered while investing are quality of management, quality of the sector, and the business (return on capital, entry barriers, capital intensity, use of debt, growth prospects, etc) and the valuation of the companies. Also Read | Staying invested and patient pays off for 'Dumber' investors against timing market: Radhika Gupta Launched on May 24, 2013, the scheme is managed by Rajeev Thakkar, Raunak Onkar, Raj Mehta, Rukun Tarachandani, and Mansi Kariya. The scheme had an AUM of Rs 98,541.28 crore as on April 30, 2025. It is benchmarked against NIFTY 500 (TRI) and the minimum investment amount for new purchase, additional purchase, and monthly SIP is Rs 1,000. The fund house said, 'We continue to look at individual investments on their own merits and will not hesitate to invest if an opportunity looks attractive. As usual, our investment stance does not depend much on the macro-economic situation but is focused on individual companies. We have about 26.30% in cash holdings, debt & money market instruments and arbitrage positions which can be deployed in long-term investments at appropriate levels.'
Economic Times
13-05-2025
- Business
- Economic Times
Parag Parikh Flexi Cap Fund exits ITC Hotels and increases stake in 8 stocks
Parag Parikh Flexi Cap Fund made changes to its portfolio in April. The fund completely sold its shares in ITC Hotels. Parag Parikh Flexi Cap Fund, the largest flexi cap fund based on assets managed, made a complete exit from ITC Hotels in April by selling 98.99 lakh shares from its portfolio, whereas it increased its stake in eight stocks in the same period. Around 72.49 lakh shares of Coal India were added to the portfolio on a monthly basis, taking the total number of shares to 14.83 crore in April against 14.10 crore shares in March. The fund also added 40.76 lakh shares of ITC in the same Read | Largecap mutual funds gain investor interest, inflows surge by 8% in April The shares of Zydus Lifesciences went up to 1.39 crore in April by increasing 9.32 lakh shares to the portfolio. Around 8.51 lakh shares of Power Grid Corporation of India and 6.40 lakh shares of Mahindra & Mahindra were added to the portfolio in the mentioned period. The largest flexi cap fund added 2.70 lakh shares of Dr. Reddy's Laboratories and 1.44 lakh shares of EID Parry India to its portfolio in the mentioned period. And lastly, it added 3,592 shares of Maruti Suzuki India to its portfolio. The exposure in two stocks was reduced, which included Motilal Oswal Financial Services and IPCA Laboratories. Around 23.27 lakh shares of Motilal Oswal Financial Services and 69,771 shares of IPCA Laboratories were reduced from the portfolio in the mentioned exposure in 16 stocks remained unchanged which included HDFC Bank, Bajaj Holdings & Investment, ICICI Bank, Kotak Mahindra Bank, HCL Technologies, Infosys, Cipla, Indian Energy Exchange, CDSL, Swaraj Engines, Maharashtra Scooters, and Multi Commodity Exchange of new stock was added to the portfolio in the said period. The fund had 26 stocks in its portfolio in April against 27 stocks in Parikh Flexi Cap Fund (PPFCF) is an open-ended equity-oriented scheme with flexibility to invest a minimum of 65% in Indian equities and up to 35% in overseas equity security and domestic debt/money market securities. The core portfolio consists of equity investments made with a long-term outlook, and the factors considered while investing are quality of management, quality of the sector, and the business (return on capital, entry barriers, capital intensity, use of debt, growth prospects, etc) and the valuation of the companies. Also Read | Staying invested and patient pays off for 'Dumber' investors against timing market: Radhika Gupta Launched on May 24, 2013, the scheme is managed by Rajeev Thakkar, Raunak Onkar, Raj Mehta, Rukun Tarachandani, and Mansi Kariya. The scheme had an AUM of Rs 98,541.28 crore as on April 30, is benchmarked against NIFTY 500 (TRI) and the minimum investment amount for new purchase, additional purchase, and monthly SIP is Rs 1, fund house said, 'We continue to look at individual investments on their own merits and will not hesitate to invest if an opportunity looks attractive. As usual, our investment stance does not depend much on the macro-economic situation but is focused on individual companies. We have about 26.30% in cash holdings, debt & money market instruments and arbitrage positions which can be deployed in long-term investments at appropriate levels.'
