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Polycab Share Price: Polycab India's shares fell nearly 7% despite a 3.5% YoY net profit increase, driven by strong revenue growth but rising expenses. Analysts remain positive, with 'Buy' ratings from Motilal Oswal and Nuvama.
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Nestle India's shares fell 2.2% after reporting a Q2 net profit of Rs 899 crore, slightly down year-on-year. Brokerages gave mixed reviews, with target prices ranging from Rs 2,350 to Rs 2,870.
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In September, mutual funds made significant adjustments to their portfolios by adding and reducing holdings in several small-cap stocks. Notable acquisitions included Max Estates, Route Mobile, and Medi Assist Health, while key reductions were seen in Nazara Technologies and Va Tech Wabag. Here is a list of smallcap stocks that mutual funds bought and sold in September, according to a report by Nuvama Institutional Equities:
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