Hindustan Zinc, ITC, Shree Renuka top picks: SBI MF

SBI Mutual Funds enhanced its exposure in banking & financial services, information technology and tobacco sectors, while decreased its exposure in engineering & capital goods, pharmaceuticals and utilities sectors.

March 14, 2011 / 14:43 IST
Story continues below Advertisement

SBI Mutual Funds enhanced its exposure in banking & financial services, information technology and tobacco sectors, while decreased its exposure in engineering & capital goods, pharmaceuticals and utilities sectors.
 
Hindustan Zinc, ITC and Shree Renuka Sugars were the top buys, while Hindustan Construction Company, Apollo Tyres and GMR Infrastructure were the top sells.
 
A study of the SBI Funds Management portfolio for the month of February 2011 showed that in the Banking & Financial Services sector, it purchased HDFC Bank, State Bank of India and ICICI Bank and introduced Bank of Baroda. However, it sold IDFC, Shriram Transport Finance Corp and Kotak Mahindra Bank. The fund exited from IDBI Bank, India Infoline and Rural Electrification Corporation.
 
In the Information Technology sector, the fund bought Tata Consultancy Services, Infosys Technologies and HCL Technologies. The fund sold Persistent Systems, MindTree and Redington (India). It exited from Mphasis. (View - All Bulk Deals by Mutual Funds).
 
It bought ITC in the Tobacco space.
 
In the Engineering & Capital Goods space, it sold Crompton Greaves, Thermax, BHEL and L&T. The fund bought SKF India, Engineers India and Elecon Engineering Company in the same space.
 
The fund decreased its exposure to Pharmaceuticals space, where it sold Cipla, Ranbaxy Labs and Cadila Healthcare, while it bought Piramal Healthcare, Divis Labs and FDC. (Check out - Which sectors are attracting Fund Managers?).
 
In Utilities sector, the fund sold Reliance Infrastructure, NTPC and Tata Power.

Table of Stocks bought/ sold by SBI Mutual Funds...contd on Page 2 For more Mutual Fund Action in Market click here _PAGEBREAK_ Note - The number of shares has been calculated based on the closing price of the stocks on the BSE/NSE as on the portfolio date for Jan-Feb 2011.

Company NameShares BoughtStockShares Sold
Hindustan Zinc8,159,770Hindustan Construction Co.4,403,837
ITC1,788,502Apollo Tyres3,096,058
Shree Renuka Sugars1,319,163GMR Infrastructure3,063,853
Jaiprakash Associates986,917Gateway Distriparks2,314,377
Steel Authority of India876,907Crompton Greaves2,076,468
Manappuram General Fin793,143PTC India1,736,449
Tata Consultancy Services657,653Rural Electrification Corpn.1,608,583
ICICI Bank650,094Redington (India)1,491,574
HCL Technologies597,799India Cements1,257,469
Reliance Industries596,131Pidilite Industries1,165,212
NHPC591,059KRBL1,026,004
Mcleod Russel (India)574,240Consolidated Construction1,013,926
Sun TV Network561,011Allcargo Global Logistics894,801
Cairn India500,811Reliance Communications873,127
Voltas486,900Hindalco Industries820,232
Hindustan Unilever462,136IDFC757,861
Gujarat State Fertilizers 457,112India Infoline691,031
Texmaco435,609GNVFC617,491
Canara Bank403,699Reliance Power616,151
Allahabad Bank372,080Zee Entertainment555,255
Indian Hotels Company337,526Vimta Labs550,933
IndusInd Bank315,359Cipla525,820
United Phosphorous305,510Ranbaxy Laboratories510,052
Blue Star303,457United Spirits447,856
Bank Of India283,642Mphasis423,189
HDFC Bank235,110Reliance Infrastructure403,337
YES BANK201,382Orbit Corporation399,801
Siemens195,907NTPC397,520
Wipro183,237Persistent Systems362,577
Tata Chemicals182,643Sintex India358,160
Castrol India174,635Coal India338,110
State Bank of India155,773Thermax308,421
Piramal Healthcare149,033Prism Cement297,845
Bank Of Baroda129,965Bharti Airtel287,074
Camson Bio Technologies126,308Nitesh Estates258,298
BEML107,809Mcnally Bharat Engineering256,534
ACC100,074Mahindra Forgings255,900
ING Vysya Bank92,462Radico Khaitan243,247
Aries Agro88,200Indian Oil Corporation235,975
Infosys Technologies87,490Sobha Developers186,380
Bharat Electronics61,856Vardhman Textiles185,955
Globus Spirits56,898CESC179,623
HeidelbergCement India55,621Pantaloon Retail179,258
Nagarjuna Construction53,239Dredging Corporation India167,230
BL Kashyap & Sons52,024UltraTech Cement161,631
Bajaj Auto51,238Larsen and Toubro135,546
Tata Global Beverage45,793Kotak Mahindra Bank134,966
Usha Martin41,749ILandFS Transportation130,946
HPCL41,395Shriram Transport Finance130,320
Whirlpool of India.37,263Akzo Nobel India126,367
Birla Corporation37,085Apar Industries114,389
Royal Orchid Hotels35,575Container Corporation 110,226
Divis Laboratories35,267Dish TV105,263
Tata Motors34,707BPCL104,287
Shoppers Stop31,453Puravankara Projects99,115
Amara Raja Batteries31,400Bajaj Holdings & Investment95,367
Maruti Suzuki India30,599Zydus Wellness92,822
Gammon India30,522Blue Dart Express90,517
Jagran Prakashan26,571Mangalam Cement88,606
Eveready Industries India26,074JK Tyre and Industries86,316
Tamil Nadu Newsprint26,001Bharat Heavy Electricals85,711
SpiceJet23,501MindTree82,276
Goodyear India23,468Coromandel International65,321
Chambal Fertilisers 20,582Mahindra and Mahindra63,970
Navneet Publications20,131Sterlite Industries (India)63,486
Nestle India19,985Dhanlaxmi Bank62,755
Gammon Infrastructure19,669Sadbhav Engineering57,932
KCP18,529Wockhardt53,856
Stride Arcolab18,371JHS Svendgaard Lab.53,783
Geometric17,716Shree Cements53,051
Greaves Cotton17,633Sasken Communication52,615
Agro Tech Foods17,554Tata Power Company50,593
Jyoti Structures16,871Gujarat Alkalies and Chemicals48,835
Lupin15,651Opto Circuits India47,210
KEC International14,702Unichem Laboratories43,924
Indiabulls Real Estate12,642Tata Steel43,507
Elecon Engineering12,231Hathway Cable and Datacom41,501
TIL10,337Dr Reddys Laboratories33,596
JMC Projects (India)9,262Deepak Fertilizers28,592
Motherson Sumi Systems8,881Transformers and Rectifiers27,083
Praj Industries8,432Kesoram Industries26,341
KPIT Cummins Infosystems7,878UTV Software Comm.24,329
Prestige Estates Projects7,088Gayatri Bioorganics23,154
GMDC6,611IVRCL Infrastructure22,938
Hitachi Home & Life6,473GlaxoSmithKline Consumer22,523
Engineers India5,847PVR19,375
Swaraj Engines5,072Oil India14,424
Gujarat Pipavav Port4,873Cadila Healthcare14,327
Infotech Enterprises4,843Agre Developers14,102
Page Industries4,578Ipca Laboratories12,636
Great Eastern Shipping 4,310IDBI Bank9,986
Union Bank of India4,240GVK Power & Infrastructure9,261
Petronet LNG Ltd4,172Federal Bank8,800
Bombay Dyeing3,747IBN18 Broadcast7,781
Financial Technologies3,719Power Grid Corporation7,022
Hawkins Cooker3,679Maharashtra Seamless7,015
Nagarjuna Agrichem3,487FDC6,049
Merck3,452Oriental Bank of Commerce5,511
Kalpataru Power Trans.3,398Asian Paints4,487
Shasun Pharmaceuticals3,326MOIL4,373
Sagar Cements2,803Television Eighteen3,582
Grasim Industries2,744Simplex Infrastructures3,491
United Breweries2,222HDFC3,313
GAIL India2,148Jindal Steel & Power3,299
Dishman Pharmaceuticals1,834Century Textiles1,961
Titan Industries1,767SKF India1,868
Cummins India1,758Carborundum Universal1,540
MRF1,745Educomp Solutions1,183
ICRA1,730Godawari Power & Ispat1,061
Va Tech Wabag1,531Orient Paper and Industries841
Chennai Petroleum Corpn.1,411Sundaram Finance832
Sesa Goa1,327Nilkamal800
Ballarpur Industries1,273Wyeth617
Procter and Gamble Hygiene1,239Torrent Pharmaceuticals532
Shanthi Gears1,211Punjab National Bank383
Electrosteel Castings1,109Aditya Birla Nuvo208
Gujarat Apollo Industries1,058Jubilant Foodworks106
Phillips Carbon Black1,034Bosch76
Oracle Financial Services757Gillette India75
McDowell Holdings721Indoco Remedies63
Sayaji Hotels698Mahindra Lifespace Dev.45
Balmer Lawrie and Company631Gujarat State Petronet44
M & M Financial Services580Sun Pharmaceutical32
Suzlon Energy569Trent25
Cox & Kings520
Ambuja Cements466
Eicher Motors371
NIIT333
DLF155
Axis Bank119
Polaris Software Lab107
Reliance Capital65
Hero Honda Motors45
Bharat Bijlee42
Novartis India36
CRISIL36
State Bank of Mysore18
first published: Mar 14, 2011 02:40 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!