TV18 Broadcast, NMDC Steel among top 10 smallcap stocks that mutual funds sold in April – Portfolio Churning

​Every month mutual funds buy and sell securities to offer good returns to investors. Here are the top 10 smallcap stocks sold by mutual funds in April, according to a report by ICICI Direct Research.

TIMESOFINDIA.COM

Route Mobile
​Mutual funds held 6 lakh shares of Route Mobile in April against 15 lakh shares in March. The total market value of these shares in April was Rs 95 crore.

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​Marksans Pharma​

3/11

​Marksans Pharma​

​Mutual funds held 100 lakh shares of Marksans Pharma in April against 194 lakh shares in March. The total market value of these shares in April was Rs 166 crore.

Agencies

Action Construction Equipment​

4/11

Action Construction Equipment​

Mutual funds held 3 lakh shares of Action Construction Equipment in April against 5 lakh shares in March. The total market value of these shares in April was Rs 50 crore.
​Shaily Engineering Plastics​

5/11

​Shaily Engineering Plastics​

​Mutual funds held 16 lakh shares of Shaily Engineering Plastics in April against 25 lakh shares in March. The total market value of these shares in April was Rs 102 crore.

Agencies

​NMDC Steel​
​Mutual funds held 228 lakh shares of NMDC Steel in April against 349 lakh shares in March. The total market value of these shares in April was Rs 147 crore.

Agencies

Laxmi Organic Industries

7/11

Laxmi Organic Industries

Mutual funds held 59 lakh shares of Laxmi Organic Industries in April against 81 lakh shares in March. The total market value of these shares in April was Rs 152 crore.

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​Stylam Industries​

8/11

​Stylam Industries​

​Mutual funds held 4 lakh shares of Stylam Industries in April against 6 lakh shares in March. The total market value of these shares in April was Rs 70 crore.​

Agencies

Astec Lifesciences
​Mutual funds held 12 lakh shares of Astec Lifesciences in April against 15 lakh shares in March. The total market value of these shares in April was Rs 154 crore.

Agencies

VST Industries
​Mutual funds held 17 lakh shares of VST Industries in April against 22 lakh shares in March. The total market value of these shares in April was Rs 691 crore.

Agencies

​TV18 Broadcast
​Mutual funds held 561 lakh shares of TV18 Broadcast in April against 703 lakh shares in March. The total market value of these shares in April was Rs 259 crore.

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