Source : Moneycontrol.com

Tata Infrastructure Fund has increased exposure to Engineering, banking, metals while cut to cement and utilities sectors.

In the engineering space, the scheme has bought Punj Lloyd with 1.4 lakh shares and made fresh investment in Carborundum Universal with 5.12 lakh shares. However, it has exited Kirloskar Brothers and sold nearly 1 lakh shares of KEI Industries.

Banking and finance space has also seen huge buying from the fund, wherein it freshly introduced IDFC, Bank of Baroda and UTI Bank with 8.95 lakh, 4 lakh and 2.49 lakh shares respectively. It also increased its stake in PFC by 2 lakh shares. However, it sold nearly 1 lakh shares of PNB and exited 40 lakh shares of IFCI.

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Posted by pichu at June 7, 2007 11:49 PM