Fund managers use various checks and balances while selecting stocks for their portfolios. However, things do not go always according to plans. Many of these hand-picked stocks might not perform as predicted and take longer to yield better results. Fund managers continue holding these stocks in their portfolio believing that these businesses may play out well in the future. Here are 12 stocks that had been moving sideways for over two years, but began making remarkable vertical rise over the past two months. Stocks that are part of the portfolio of actively managed equity schemes are considered for the study. Portfolio data as of June 30, 2024. [Source: ACE MF]
2/13
Emami AMFI m-cap rank: 276 No. of active schemes holding the stock: 65
3/13
Sudarshan Chemical Industries AMFI m-cap rank: 718 No. of active schemes holding the stock: 19
GE Power India AMFI m-cap rank: 1025 No. of active schemes holding the stock: 1
11/13
Firstsource Solutions AMFI m-cap rank: 396 No. of active schemes holding the stock: 27
12/13
Natco Pharma AMFI m-cap rank: 327 No. of active schemes holding the stock: 10
13/13
Honeywell Automation India M-CAP Type: Mid Cap AMFI m-cap rank: 194 No. of active schemes holding the stock: 75
Disclosure: Moneycontrol is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary. Disclaimer: The views and investment tips expressed by experts on Moneycontrol are their own and not those of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.