There is an atmosphere of doubt in the stock market due to the Russia-Ukraine Crisis war. Due to which investors are investing money very carefully. Along with this, they are also advising to invest by identifying the stock. In such a situation, the stock of Navin Fluorine remains an attractive center for investors. This stock continues to be the choice of both Mutual and FPIs (Foreign Portfolio Investors).
As per the new Florin shareholding pattern, mutual funds held 13.12 per cent of the company’s shares for the quarter from October to December 2021. At the same time, FPIs hold 25.25% share.
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Naveen Florin shares held with Mutual Funds
The chemical company has a combined holding of 65,01,029 shares or 13.12 shareholdings for the October-December quarter. Out of which Canara Robeco Mutual Fund holds 2.01 percent stake. At the same time, Nippon India Small Cap holds 2.07% stake. Apart from this, SBI Small Cap Fund holds 1.61%, Sundaram Mutual Fund holds 1.83% and L&T holds 1.20%.
Shares in Naveen Florin with FPIs
FPIs hold 25.25% stake in Naveen Florin. World Fund INC holds 7.20%. Goldman Sachs holds 8,34,769 shares or 1.68% stake. At the same time, Vanguard Emerging Markets Stock Index Fund holds 1.01% stake. Ashoka Funds holds 1.01% stake in the company.