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Last Updated : Nov 01, 2013 01:34 PM IST | Source: Moneycontrol.com

Reliance Capital buys IT, telecom; drops oil&gas, auto

Reliance Capital Asset Management bought HCL Technologies, TCS, and Infosys and also introduced Tech Mahindra in its portfolio during June-September 2013.

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Reliance Capital Asset Management has increased its investment in information technology, telecommunication and cement & construction space. However, it decreased it investment in the engineering & capital goods, automotive and oil & gas space.

Manappuram Finance, Orient Cement and Jayaswal Neco Industries were the top buys, while Triveni Engineering, Mahindra Satyam and Jaiprakash Associates were the top sells by the fund.

The study of Reliance Capital Asset Management for the quarter of June-September 2013 shows that in the information technology segment, the fund has bought HCL Technologies, TCS and Infosys. It also introduced Tech Mahindra in its portfolio. Meanwhile, it sold exited MT Educare, Zee Learn, Mahindra Satyam and Financial Technologies from the same space.

In the telecommunication space, it purchased Bharti Airtel, Reliance Communications, Honeywell Automation and Idea Cellular, while it sold Sterlite Technologies. (View - All Bulk Deals by Mutual Funds).

The fund introduced Orient Cement, MBL Infrastructures, Gayatri Projects, NCC and Tantia Constructions in the cement & construction space. It also bought UltraTech Cement and ACC. However, it sold Madhucon Projects, Vesuvius India, Ramco Cements and exited from SPML Infra, Gammon India and Kajaria Ceramics.

In the engineering & capital goods sector, the fund sold L&T, BHEL, Jaiprakash Associates and exited from Kirloskar Industries and Timken India. However, it purchased Crompton Greaves, KSB Pumps and introduced National Buildings Construction Corporation. (Check out - Which sectors are attracting Fund Managers?)

The fund exited from Apollo Tyres and sold Tata Motors, Eicher Motors and Maruti Suzuki India in automotive space. But it introduced Exide Industries and bought Hero Motocorp, Motherson Sumi Systems and TVS Motor from the same space.

In the oil & gas pack, the fund sold ONGC, BPCL & Oil India and exited from Petronet LNG and Shiv Vani Oil. However, it bought Reliance Industries, Cairn India and Gujarat State Petronet.

Table of Stocks bought/ sold by Reliance Capital Asset Management...contd on Page 2

For more Mutual Fund Action in Market click here


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 June-September 2013.

StockShares boughtStockShares sold
Manappuram Finance100,920,742Triveni Engineering56,318,629
Orient Cement17,567,436Mahindra Satyam12,681,329
Jayaswal Neco Industries12,434,126Jaiprakash Associates9,883,328
CCL Products India11,827,266Gujarat State Fertilizers8,600,851
Sesa Sterlite10,025,236Tata Motors7,597,095
Indiabulls Housing Finance8,780,708NMDC7,267,037
Dish TV8,692,567ONGC6,778,551
Voltas6,103,608Sterlite Industries (India)6,148,593
Hindalco Industries5,502,895Zee Learn6,145,367
Prestige Estates Projects5,085,502TVS Motor Company5,898,252
Bharti Airtel3,687,700Ranbaxy Laboratories5,388,570
HDFC Bank2,933,621Mahindra Forgings5,041,667
PSL2,371,949Petronet LNG4,794,693
UCO Bank2,366,354Everest Kanto Cylinder4,473,266
Reliance Industries2,360,640Usha Martin3,585,893
HDFC2,103,976Gammon India3,566,119
Crompton Greaves2,048,708Bharat Heavy Electricals3,531,199
Hindustan Zinc1,920,838Jindal Stainless3,229,917
ITC1,900,638Torrent Power3,142,483
Cairn India1,885,915BPCL3,067,742
Reliance Power1,713,570Madhucon Projects3,008,386
Power Finance Corporation1,631,932M & M Financial Services2,769,509
Anant Raj1,559,911Sterlite Technologies2,695,540
Texmaco Infrastructure 1,545,099KEC International2,586,092
Texmaco Rail and Engineering1,449,401Financial Technologies2,412,566
Tech Mahindra1,339,069Kirloskar Brothers2,213,447
MBL Infrastructures1,221,822United Phosphorous2,133,777
NCC1,193,153Apollo Tyres2,100,534
KSB Pumps974,727Bharat Forge1,913,806
TV18 Broadcast929,315Tata Steel1,861,051
Marg926,973Reliance Communications1,841,255
IRB Infrastructure Developers882,727Divis Laboratories1,780,043
Shoppers Stop860,429Hathway Cable and Datacom1,773,007
National Buildings Construction815,440Coal India1,679,138
Gayatri Projects777,820Indoco Remedies1,643,526
Federal Bank768,494Larsen and Toubro1,611,047
HCL Technologies762,528Shiv Vani Oil & Gas1,595,781
SpiceJet751,948State Bank of India1,590,887
Gujarat Pipavav Port723,099Jyoti Structures1,562,753
Cadila Healthcare707,254HPCL1,547,582
Sun Pharmaceutical Industries653,690Tamil Nadu Newsprint1,387,115
Torrent Pharmaceuticals641,241Info Edge India1,317,865
LIC Housing Finance631,911Kirloskar Industries1,312,391
Yes Bank583,675Tata Global Beverage1,208,830
Idea Cellular509,171Oil India1,173,531
Zee Entertainment Enterprises491,981ICICI Bank1,170,375
Tilaknagar Industries421,312PTC India1,164,039
ING Vysya Bank370,784Orient Paper and Industries1,132,684
Supreme Infrastructure India365,421Schneider Electric Infra1,097,726
Tata Consultancy Services349,935Maharashtra Seamless1,078,714
Hindustan Media Ventures349,873Prakash Industries1,068,657
Jindal Saw343,376DLF1,043,825
Ceat337,636OM Metals Infraprojects1,013,606
Arvind309,883Oriental Hotels993,248
Biocon309,688Greaves Cotton949,487
Hero Motocorp309,634Arshiya International920,920
J. K. Cement306,547Navneet Education916,968
ACC273,865Bombay Dyeing873,433
Punjab National Bank271,694Sun TV Network867,784
Wipro231,345SKF India831,546
Axis Bank209,870Gulf Oil Corporation803,404
INOX Leisure207,872SPML Infra769,719
UltraTech Cement191,916Cummins India734,326
Colgate Palmolive (India)160,449Sun Pharma Advanced733,257
Rain Industries153,909Infosys724,787
Exide Industries150,973Jindal Steel & Power708,525
OnMobile Global143,098Alstom T&D India702,732
Tantia Constructions115,570Multi Commodity Exchange682,920
Jammu and Kashmir Bank108,009Linde India626,070
Bombay Burmah Trading106,725Rallis India617,905
Power Grid Corporation104,681Titan Industries602,352
Grasim Industries103,485NTPC587,787
Sundaram-Clayton97,627Eicher Motors586,254
Apollo Hospitals Enterprises92,445Shriram EPC582,765
Mahindra and Mahindra62,238Bajaj Electricals574,406
Dr Reddys Laboratories61,552Engineers India518,930
Speciality Restaurants49,044BEML502,289
Agro Tech Foods49,004Radico Khaitan488,560
Abbott India46,349Apar Industries477,950
Hinduja Ventures43,381The Ramco Cements442,284
Kennametal India42,700FederalMogul Goetze442,068
Welspun India34,050Automotive Axles431,147
Jagran Prakashan32,905Motilal Oswal Financial421,872
Britannia Industries25,818HT Media410,835
Union Bank of India7,907Dwarikesh Sugar Industries395,798
Asian Paints7,227VMart Retail391,766
Oracle Financial Services6,835PC Jeweller384,541
Max India6,717Hexa Tradex382,053
Zuari Agro Chemicals3,131ABB374,512
Repco Home Finance2,249Motherson Sumi Systems371,921
Merck1,223Strides Arcolab346,193
Reliance Capital968BGR Energy Systems341,313
Bank Of India699GIC Housing Finance337,890
IndusInd Bank464Aditya Birla Nuvo332,028
Fulford (India)184Thermax331,357
Finolex Cables322,940
Kirloskar Pneumatic317,313
Kajaria Ceramics316,218
Gujarat Fluorochemicals308,413
Vimta Labs302,694
Va Tech Wabag298,410
Vardhman Special Steels281,423
United Spirits280,350
Vesuvius India275,473
Bank Of Baroda270,262
KPIT Technologies259,266
MT Educare250,902
Swaraj Engines246,896
Timken India234,889
ALSTOM India214,254
Astra Microwave Products211,147
Tata Power Company209,126
Manugraph Industries203,508
aurionPro Solutions196,958
Reliance Infrastructure196,035
Titagarh Wagons186,206
Bajaj Finance176,559
Sanofi India172,497
Indian Metals & Ferro Alloys169,637
Ramkrishna Forgings155,685
BASF India151,311
Puravankara Projects148,391
Sundaram Finance147,391
Gujarat Narmada Valley 145,223
Maruti Suzuki India139,788
Ganesh Housing Corporation136,229
Unichem Laboratories129,841
Infotech Enterprises122,444
Persistent Systems119,960
Themis Medicare116,546
Pratibha Industries112,369
Cox & Kings108,096
Oriental Bank of Commerce99,824
Zydus Wellness96,534
Ipca Laboratories94,824
Canara Bank88,216
Everest Industries60,521
Pearl Global Industries58,123
Elecon Engineering Company49,946
Ador Welding47,706
Corporation Bank47,376
Sarda Energy and Minerals45,595
Phoenix Mills44,358
Innoventive Industries43,448
Lakshmi Machine Works41,286
Talwalkars Better value37,980
Honeywell Automation32,186
Styrolution ABS (India)30,919
Reliance Broadcast Network27,597
Ashoka Buildcon27,081
Tube Investments of India24,075
GlaxoSmithKline Pharmaceuticals21,994
Hindustan Oil Exploration 21,536
Rajshree Sugars 20,901
West Coast Paper Mills20,435
Century Enka19,785
Navin Fluorine International18,090
Zuari Global17,551
Future Retail17,302
Polyplex Corporation13,446
Gujarat Apollo Industries13,239
Career Point12,861
Tree House Education12,057
Gujarat State Petronet10,760
Tata Coffee10,341
Tata Sponge Iron8,471
Hindustan Unilever7,839
Hitech Plast6,136
Elantas Beck India4,779
Clariant Chemicals India4,718
SML Isuzu3,683
Ambuja Cements1,551
GAIL India911
Kotak Mahindra Bank883
Glenmark Pharma722
Bajaj Auto283
Karur Vysya Bank261

First Published on Oct 29, 2013 10:32 am