{"id":13591,"date":"2023-04-19T16:09:57","date_gmt":"2023-04-19T10:39:57","guid":{"rendered":"https:\/\/univest.in\/blogs\/?p=13591"},"modified":"2023-04-19T16:16:44","modified_gmt":"2023-04-19T10:46:44","slug":"stocks-bought-by-mfs-in-march-2023","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/stocks-bought-by-mfs-in-march-2023\/","title":{"rendered":"Stock Bought By MFs In March 2023"},"content":{"rendered":"<p>[vc_row type=&#8221;in_container&#8221; full_screen_row_position=&#8221;middle&#8221; column_margin=&#8221;default&#8221; column_direction=&#8221;default&#8221; column_direction_tablet=&#8221;default&#8221; column_direction_phone=&#8221;default&#8221; scene_position=&#8221;center&#8221; text_color=&#8221;dark&#8221; text_align=&#8221;left&#8221; row_border_radius=&#8221;none&#8221; row_border_radius_applies=&#8221;bg&#8221; overflow=&#8221;visible&#8221; overlay_strength=&#8221;0.3&#8243; gradient_direction=&#8221;left_to_right&#8221; shape_divider_position=&#8221;bottom&#8221; bg_image_animation=&#8221;none&#8221;][vc_column column_padding=&#8221;no-extra-padding&#8221; column_padding_tablet=&#8221;inherit&#8221; column_padding_phone=&#8221;inherit&#8221; column_padding_position=&#8221;all&#8221; column_element_spacing=&#8221;default&#8221; background_color_opacity=&#8221;1&#8243; background_hover_color_opacity=&#8221;1&#8243; column_shadow=&#8221;none&#8221; column_border_radius=&#8221;none&#8221; column_link_target=&#8221;_self&#8221; column_position=&#8221;default&#8221; gradient_direction=&#8221;left_to_right&#8221; overlay_strength=&#8221;0.3&#8243; width=&#8221;1\/1&#8243; tablet_width_inherit=&#8221;default&#8221; tablet_text_alignment=&#8221;default&#8221; phone_text_alignment=&#8221;default&#8221; animation_type=&#8221;default&#8221; bg_image_animation=&#8221;none&#8221; border_type=&#8221;simple&#8221; column_border_width=&#8221;none&#8221; column_border_style=&#8221;solid&#8221;][vc_column_text css=&#8221;.vc_custom_1681900850346{margin-right: 16px !important;margin-left: 16px !important;border-right-width: 10px !important;border-left-width: 10px !important;}&#8221;]<span style=\"font-weight: 400;\">In March 2023, the benchmark Nifty 50 index closed almost flat putting a halt to the downtrend over the previous three months. During this month, sectors such as healthcare, realty and auto were the top performing sectors.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Seizing the opportunity, fund managers of mutual funds bought stocks across sectors in companies with growth prospects. The buying interest ranges from a large state-owned petroleum company, a leading IT company and even one of the oldest asset management companies.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Listed below are stocks from the Nifty 500 universe which saw increasing share in mutual fund schemes. Each stock saw net purchases of more than one lakh shares by at least four mutual schemes each in March.<\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-13592\" src=\"https:\/\/univest.in\/blogs\/wp-content\/uploads\/2023\/04\/MF-Buys-March-2023-A.png\" alt=\"mf buys march 2023\" width=\"1280\" height=\"720\" srcset=\"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/04\/MF-Buys-March-2023-A.png 1280w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/04\/MF-Buys-March-2023-A-300x169.png 300w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/04\/MF-Buys-March-2023-A-1024x576.png 1024w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/04\/MF-Buys-March-2023-A-768x432.png 768w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/stocks-bought-by-mfs-in-march-2023\/#BPCL_Bharat_Petroleum_Corporation_Ltd\" title=\"BPCL (Bharat Petroleum Corporation Ltd)\">BPCL (Bharat Petroleum Corporation Ltd)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/stocks-bought-by-mfs-in-march-2023\/#Sona_BLW_Precision_Forging\" title=\"Sona BLW Precision Forging\">Sona BLW Precision Forging<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/stocks-bought-by-mfs-in-march-2023\/#Tech_Mahindra\" title=\"Tech Mahindra\">Tech Mahindra<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/stocks-bought-by-mfs-in-march-2023\/#Biocon\" title=\"Biocon\">Biocon<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/stocks-bought-by-mfs-in-march-2023\/#Devyani_International\" title=\"Devyani International\">Devyani International<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/stocks-bought-by-mfs-in-march-2023\/#Interglobe_Aviation\" title=\"Interglobe Aviation\">Interglobe Aviation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/stocks-bought-by-mfs-in-march-2023\/#Hindustan_Aeronautics\" title=\"Hindustan Aeronautics\">Hindustan Aeronautics<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/stocks-bought-by-mfs-in-march-2023\/#HDFC_AMC\" title=\"HDFC AMC\">HDFC AMC<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/stocks-bought-by-mfs-in-march-2023\/#Dixon_Technologies\" title=\"Dixon Technologies\">Dixon Technologies<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/stocks-bought-by-mfs-in-march-2023\/#Data_Patterns\" title=\"Data Patterns\">Data Patterns<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"BPCL_Bharat_Petroleum_Corporation_Ltd\"><\/span><b>BPCL (Bharat Petroleum Corporation Ltd)<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">BPCL is a public sector refining &amp; marketing company which operates more than 19000 retail outlets across the country. Its GRMs (Gross Refining Margins) are likely to improve with a rise in product cracks. Although the company has not passed on higher crude oil costs to customers, with narrowing of diesel losses performance is likely to improve in the near term.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Funds who increased holdings in BPCL<\/span> <span style=\"font-weight: 400;\">were <\/span><span style=\"font-weight: 400;\">Kotak Equity Arbitrage Fund Growth<\/span><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">SBI Long Term Equity Fund Regular IDCW<\/span><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">Nippon India Large Cap Fund &#8211; Growth<\/span><span style=\"font-weight: 400;\"> and <\/span><span style=\"font-weight: 400;\">Nippon India Vision Fund &#8211; Growth<\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Sona_BLW_Precision_Forging\"><\/span><b>Sona BLW Precision Forging<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Sona BLW Precision Forgings is one of India\u2019s leading automotive technology companies, designing, manufacturing, and supplying highly engineered, critical automotive systems and components such as differential assemblies, differential gears, conventional and micro-hybrid starter motors, EV traction motors to automotive OEMs across US, Europe, India and China. Revival of auto sales post pandemic has been a growth driver for the company.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Funds who increased holdings in Sona BLW Precision Forging<\/span> <span style=\"font-weight: 400;\">were <\/span><span style=\"font-weight: 400;\">HDFC Mid-Cap Opportunities Fund Growth<\/span><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">IIFL Focused Equity Fund Regular Growth<\/span><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">Axis Business Cycles Fund Regular Growth<\/span><span style=\"font-weight: 400;\"> and <\/span><span style=\"font-weight: 400;\">Mirae Asset Large Cap Fund Regular Growth<\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Tech_Mahindra\"><\/span><b>Tech Mahindra<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Tech Mahindra is among the top five Indian IT services companies engaged in consulting-led integrated portfolio services to customers which are Telecom Equipment Manufacturers, Telecom Service Providers and IT Infrastructure Service Providers, Business Process Outsourcing Service Providers as well as Enterprise Solutions Services. 5G telecom services rollout is a huge opportunity for the company as its strength lies in the telecom domain.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Funds who increased holdings in Tech Mahindra include <\/span><span style=\"font-weight: 400;\">Motilal Oswal Flexicap Fund Regular Plan Growth<\/span><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">Tata Digital India Fund Regular Growth<\/span><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">SBI Dividend Yield Fund Regular Growth<\/span><span style=\"font-weight: 400;\"> and <\/span><span style=\"font-weight: 400;\">ICICI Prudential Business Cycle Fund Regular Growth<\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Biocon\"><\/span><b>Biocon<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Biocon Ltd is a biopharmaceutical company, developing therapies for chronic diseases, such as autoimmune, cancer and diabetes. The company has developed and introduced novel biologics, biosimilars, differentiated small molecules, and affordable recombinant human insulin and analogs.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Biocon\u2019s greenfield immunosuppressant API facility in Visakhapatnam and peptide facility in Bengaluru are on track, with validation batches scheduled to be launched by H1FY24. The company has entered into an agreement with Zentiva to manufacture and supply Liraglutide in 30 countries in Europe.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Funds who increased holdings in Biocon were <\/span><span style=\"font-weight: 400;\">SBI Contra Fund Regular Payout Inc Dist cum Cap Wdrl<\/span><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">Mirae Asset Tax Saver Fund -Regular Plan-Growth<\/span><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">Mirae Asset Large Cap Fund Regular Growth<\/span><span style=\"font-weight: 400;\"> and <\/span><span style=\"font-weight: 400;\">Invesco India Arbitrage Fund Growth<\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Devyani_International\"><\/span><b>Devyani International<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Devyani International is engaged in the business of developing, managing, and operating quick service restaurants and food courts for brands such as Pizza Hut, KFC, Costa Coffee, Vaango etc. and retail stores of TWG Tea.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">It added 81 new stores in Q3FY23 taking the total count to 1,177 stores. During the quarter, the company opened 17 Pizza Hut stores and 38 KFC stores and expanded its presence from 224 cities at the end of September 2022 to 227 cities at the end of December 2022.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Funds who increased holdings in Devyani International include <\/span><span style=\"font-weight: 400;\">Franklin India Flexi Cap Fund Growth<\/span><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">Aditya Birla Sun Life ELSS Tax Relief 96 IDCW<\/span><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">Franklin India Taxshield Growth<\/span><span style=\"font-weight: 400;\"> and <\/span><span style=\"font-weight: 400;\">Aditya Birla Sun Life Equity Advantage Fund Growth.<\/span><\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-13593\" src=\"https:\/\/univest.in\/blogs\/wp-content\/uploads\/2023\/04\/MF-Buys-March-2023-B.png\" alt=\"mf buys march 2023 b\" width=\"1280\" height=\"720\" srcset=\"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/04\/MF-Buys-March-2023-B.png 1280w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/04\/MF-Buys-March-2023-B-300x169.png 300w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/04\/MF-Buys-March-2023-B-1024x576.png 1024w, https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2023\/04\/MF-Buys-March-2023-B-768x432.png 768w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Interglobe_Aviation\"><\/span><b>Interglobe Aviation<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Interglobe Aviation, more commonly known as Indigo is one of India\u2019s most profitable low-cost airlines. With travel back on people&#8217;s agenda after two years of the pandemic, airlines are flying full along almost all routes.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Funds who increased holdings of Interglobe Aviation include <\/span><span style=\"font-weight: 400;\">ICICI Prudential Balanced Advantage Fund Growth<\/span><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">SBI Equity Hybrid Fund Regular Payout Inc Dist cum Cap Wdrl<\/span><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">ICICI Prudential Value Discovery Fund Growth<\/span><span style=\"font-weight: 400;\"> and <\/span><span style=\"font-weight: 400;\">Bandhan Flexi Cap Fund Growth<\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Hindustan_Aeronautics\"><\/span><b>Hindustan Aeronautics<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Hindustan Aeronautics is engaged in the design, development, manufacture, repair, overhaul, and servicing of a wide range of products including, aircraft, helicopters, aero-engines, avionics, accessories, and aerospace structures to meet the requirement of Indian Defence Forces.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Key orders in the pipeline for the next one to two years include 25 advanced light helicopters (ALH) for the Army, 12 light utility helicopters (LUH), 12 Sukhoi-30 MKI and 240 AL-31 engines for Sukhoi-30 MKI aircraft. Total estimated cost of these orders is at around Rs 50,000 crore.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Funds who increased holdings in Hindustan Aeronautics<\/span> <span style=\"font-weight: 400;\">were <\/span><span style=\"font-weight: 400;\">HDFC Flexi Cap Fund Growth<\/span><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">Franklin India Flexi Cap Fund Growth<\/span><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">Invesco India Contra Fund Growth<\/span><span style=\"font-weight: 400;\"> and <\/span><span style=\"font-weight: 400;\">ICICI Prudential Technology Fund Growth<\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"HDFC_AMC\"><\/span><b>HDFC AMC<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">HDFC Asset Management Company Ltd. (HDFC AMC) is a leading AMC in India, with assets under management (AUM-closing) of Rs. 4,481bn as on 31st December 2022.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Healthy pipeline of new product launches is likely to aid AUM growth and market share gain. Another advantage is the experienced team, strong distribution network and scheme performance which are positives in the long run.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Funds who increased holdings HDFC AMC were <\/span><span style=\"font-weight: 400;\">IDCW<\/span><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">SBI Balanced Advantage Fund Regular Growth<\/span><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">SBI Large &amp; Midcap Fund Regular IDCW<\/span><span style=\"font-weight: 400;\"> and <\/span><span style=\"font-weight: 400;\">PGIM India Midcap Opportunities Fund Regular Growth<\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Dixon_Technologies\"><\/span><b>Dixon Technologies<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Dixon Technologies transformed from being a manufacturer of electronic goods to leading multi-product corporation with widespread activities. The Company is primarily engaged in the manufacturing of electronics as its core business activity. It is also a beneficiary of the Government PLI scheme for electronics manufacturing.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Funds who increased holdings in Dixon Technologies were <\/span><span style=\"font-weight: 400;\">HDFC Mid-Cap Opportunities Fund Growth<\/span><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">Nippon India Large Cap Fund &#8211; Growth<\/span><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">Nippon India Growth Fund &#8211; Growth<\/span><span style=\"font-weight: 400;\"> and <\/span><span style=\"font-weight: 400;\">Motilal Oswal Midcap 30 Regular Growth<\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Data_Patterns\"><\/span><b>Data Patterns<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Data Patterns is a vertically integrated defence and aerospace electronics solutions provider, catering to the indigenously developed defence products industry. The company is one of the key beneficiaries in the private defence industry from the recent orders received by Bharat Electronics.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The company expects Rs 2000-3000 crore worth orders in the pipeline for the next three to four years which includes radars, avionics, fire control systems for BrahMos Missile, checkout equipment, etc.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Funds who increased holdings Data Patterns<\/span> <span style=\"font-weight: 400;\">include <\/span><span style=\"font-weight: 400;\">Nippon India Small Cap Fund &#8211; Growth<\/span><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">Axis SmallCap Fund Regular Growth<\/span><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">Kotak Tax Saver-Scheme- Growth<\/span><span style=\"font-weight: 400;\"> and <\/span><span style=\"font-weight: 400;\">Axis Business Cycles Fund Regular Growth<\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><strong>ABOUT THE AUTHOR<\/strong><\/p>\n<p><strong>Ketan Sonalkar (SEBI Rgn No INA000011255 )<\/strong><\/p>\n<p>Ketan Sonalkar is a certified SEBI registered investment advisor and head of research at Univest. He is one of the finest financial trainers, with a track record of having trained more than 2000 people in offline and online models. He serves as a consultant advisor to leading fintech and financial data firms. He has over 15 years of working experience in the finance field. He runs Advisory Services for Direct Equities and Personal Finance Transformation.<\/p>\n<p>Note \u2013 This channel is for educational and training purpose only &amp; any stock mentioned here should not be taken as a tip\/recommendation\/advice<\/p>\n<p><em>You may also like: <\/em><a href=\"https:\/\/univest.in\/blogs\/results-update-q4fy23-tcs-and-infosys\/\"><strong class=\"breadcrumb_last\" aria-current=\"page\">Results Update Q4FY23- TCS and Infosys <\/strong><\/a>[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row type=&#8221;in_container&#8221; full_screen_row_position=&#8221;middle&#8221; column_margin=&#8221;default&#8221; column_direction=&#8221;default&#8221; column_direction_tablet=&#8221;default&#8221; column_direction_phone=&#8221;default&#8221; scene_position=&#8221;center&#8221; text_color=&#8221;dark&#8221; text_align=&#8221;left&#8221; row_border_radius=&#8221;none&#8221; row_border_radius_applies=&#8221;bg&#8221; overflow=&#8221;visible&#8221; overlay_strength=&#8221;0.3&#8243; gradient_direction=&#8221;left_to_right&#8221; shape_divider_position=&#8221;bottom&#8221; bg_image_animation=&#8221;none&#8221;][vc_column column_padding=&#8221;no-extra-padding&#8221; column_padding_tablet=&#8221;inherit&#8221; column_padding_phone=&#8221;inherit&#8221; column_padding_position=&#8221;all&#8221; column_element_spacing=&#8221;default&#8221; background_color_opacity=&#8221;1&#8243; background_hover_color_opacity=&#8221;1&#8243; column_shadow=&#8221;none&#8221; column_border_radius=&#8221;none&#8221; column_link_target=&#8221;_self&#8221; column_position=&#8221;default&#8221; gradient_direction=&#8221;left_to_right&#8221; overlay_strength=&#8221;0.3&#8243; width=&#8221;1\/1&#8243; tablet_width_inherit=&#8221;default&#8221; tablet_text_alignment=&#8221;default&#8221; phone_text_alignment=&#8221;default&#8221; animation_type=&#8221;default&#8221; bg_image_animation=&#8221;none&#8221; border_type=&#8221;simple&#8221; column_border_width=&#8221;none&#8221; column_border_style=&#8221;solid&#8221;][vc_column_text css=&#8221;.vc_custom_1681900850346{margin-right: 16px !important;margin-left: 16px !important;border-right-width: 10px !important;border-left-width: 10px !important;}&#8221;]In March 2023, the benchmark Nifty 50 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