Top Stocks bought by Mutual Funds in June

- Lets try to understand how they positioned before the Q1 results season
- And decode where the smart money moved

1 | Parag Parikh Flexi Cap Fund
🔹Bharti Airtel Ltd. ➡️ +92.1%
🔹Zydus Wellness Ltd. ➡️ Fresh Entry: ₹890.2 Cr
🔹Power Grid Corp. of India Ltd. ➡️ +11.1%
🔹Bajaj Holdings & Investment Ltd. ➡️ +7.2%
🔹HDFC Bank Ltd. ➡️ +5.6%

2 | HDFC Flexi Cap Fund
🔹Hyundai Motor India Ltd. ➡️ +35.2%
🔹State Bank of India ➡️ +21.2%
🔹Hindalco Industries Ltd. ➡️ Fresh Entry: ₹415.71 Cr
🔹ICICI Bank Ltd. ➡️ +4.1%
🔹Bank of Baroda ➡️ +33.1%

3 | Nippon India Multi Cap Fund
🔹Siemens Energy India Ltd. ➡️ +366%
🔹Interglobe Aviation Ltd. ➡️ +191.3%
🔹Biocon Ltd. ➡️ Fresh Entry: ₹237.49 Cr
🔹Lupin Ltd. ➡️ +120.1%
🔹Alkem Laboratories Ltd. ➡️ Fresh Entry: ₹158.93 Cr

#StocksToWatch #StocksToBuy #MutualFunds #MutualFundsSahiHai 4 | Quant Small Cap Fund
🔹Capri Global Capital Ltd. ➡️ Fresh Entry: ₹491.34 Cr
🔹Siemens Energy India Ltd. ➡️ Fresh Entry: ₹214.26 Cr
🔹RBL Bank Ltd. ➡️ +34.9%
🔹JIO Financial Services Ltd. ➡️ +14.0%
🔹Reliance Industries Ltd. ➡️ +5.6%

5 | Nippon India Small Cap Fund
🔹Multi Commodity Exchange (MCX) ➡️ +35.5%
🔹Kirloskar Brothers Ltd. ➡️ +30.1%
🔹Sai Life Sciences Ltd. ➡️ +116%
🔹Elantas Beck India Ltd. ➡️ +38.5%
🔹Infosys Ltd. ➡️ Fresh Entry: ₹158.22 Cr

6 | Tata Small Cap Fund
🔹Carborundum Universal Ltd. ➡️ +142%
🔹Usha Martin Ltd. ➡️ +40.1%
🔹IDFC First Bank Ltd. ➡️ +26.6%
🔹CarTrade Tech Ltd. ➡️ Fresh Entry: ₹89.85 Cr
🔹CE Info Systems Ltd. ➡️ +39.1%

Yash Highvoltage Ltd - Hidden Gem

- India’s ₹9.15 Lakh Cr power transmission capex has begun.
- Bushings are critical, few make them, even fewer master RIP technology.

🗣️ Keyur Shah, MD:
“We are amongst one or two or three… not more than three companies… developing products for global standards.”

Let’s decode this quiet compounder ⤵️

1⃣ What They Do
Yash manufactures:
🔹Oil Impregnated Paper (OIP) Bushings
🔹Resin Impregnated Paper (RIP) Bushings
🔹High Current (HC), Oil-to-Oil, Wall Bushings
🔹Services: Repair, retrofit, on/off-site testing

✅ ISO 9001:2015 certified
✅ Vendor to PSUs & top private transformer OEMs

🗣️ Keyur Shah:
“We will continue to focus on high value and high margin products like RIP and HC bushings with increased price realization per unit.”

2⃣ FY25 Performance
🔹Revenue: ₹152 Cr (↑38% YoY)
🔹PAT: ₹21.4 Cr (↑73% YoY)
🔹EPS: ₹8.92
🔹ROCE (pre-tax): 20.23%
🔹Gross margin: 47.5%
🔹Inventory: 62 days | Receivables: 49 days
🔹Cash: ₹50 Cr | Net Debt: Zero

🗣️ Management Commentary:
“Margins have consistently remained in the 20% range. We focus on quality and realization.”

3⃣ Capacity & Pricing Power
Existing Capacity (FY25):
🔹 Location: Vadodara, Gujarat
🔹 Installed Capacity: ~9,000-10,000 bushings/year
  🔹 OIP: 6,000-8,000 units
  🔹 RIP: balance capacity
🔹 Utilization: ~50-60%

🗣️ Keyur Shah (MD):
“We are today in a position to manufacture about 9,000 to 10,000 bushings... OIP around 6,000 to 8,000, RIP is the balance.”
“Utilization is about 50 to 60%.”

Product-Level Pricing Power:
🔹With RIP priced up to 5x OIP, every unit sold adds serious margin
🔹Volume growth = profit surge.

🗣️ Keyur Shah:
“In India, RIP is 4 to 5x OIP.”
“Globally, RIP is about 2x OIP.”
“Exported OIP gives us about 2 to 2.4x compared to the same product sold in India.”

#StocksInFocus #StocksToWatch
#yashhighvoltage #SME #yhv 4⃣ Backward Integration (RIP Cores)
🔹RIP core = 35–40% of raw material cost
🔹Previously imported from Switzerland/China
🔹 Now localized in-house engineering team + external consultants

🗣️ Keyur Shah:
“The main advantage is a significant cost advantage overseas... and savings on transportation plus import duty.”

🗣️ Keyur Shah:
“This is a major technological leap. We’ve built a team that has developed RIP cores from concept to commissioning.”

5⃣ Greenfield Capex
🔹₹90 Cr greenfield plant - Vadodara
🔹1.6 lakh sq ft land, 1.2 lakh built-up
🔹Capacity: 9,000 ➡️ 15,000-16,000 bushings/year
🔹Commissioning: H2 FY26
🔹Ramp-up: 1-2 years (testing + approvals)

🗣️ Keyur Shah:
“This capacity what we will build should take care of our plans till 2030.”

6⃣ Export Strategy
🔹FY25: ~35-40% of OIP volume exported
🔹Total exports ~6% of revenue
🔹Targeting retrofit/replacement markets globally
🔹US subsidiary: sales office + service hiring underway
🔹Future plan: localized assembly in US

🗣️ Keyur Shah:
“Customers are willing to book 3 years in advance.”
“Worldwide demand has increased substantially… across sectors like renewables, data centers, infra.”
“We are currently exporting about 5–6%, which we want to take it up to 25% or 30% over a period of time.”

#StocksToWatch #StocksInFocus #Yashhighvoltage #SME #yhv

Shilchar vs TARIL – The Transformer Showdown

- Two giants.
- One sector.
- Very different models.

Which one could be your portfolio's best performer over the next 3-5 years?

Let’s break it down 🔍 1 | Business Model

Shilchar Technologies
🔸Focused on custom-made transformers for solar, wind, hydro & furnace use
🔸Operates in the ≤132 kV segment with high-mix, low-volume exports
🔸Products: Inverter Duty (IDT), Generator, Hydro, Furnace transformers
🔸Export-led: 44% revenue from 15+ countries
🔸Clientele: Solar EPCs, wind OEMs, industrial users

TARIL (Transformers & Rectifiers India Ltd)
🔸Manufacturer of EHV power transformers up to 765 kV class
🔸Plays in high-volume, infra-heavy segments: utilities, PGCIL, SEBs, EPCs
🔸Products: Power, auto, rectifier, furnace & traction transformers
🔸Domestic-driven: 85% revenue from infra-linked projects
🔸Backward integration into CRGO laminations + large capex cycle ongoing

#StocksInFocus #StocksToWatch #shilchar #taril

Future Wars Won’t Start with Soldiers. They’ll Start with Drones.

In the recent Indo-Pak border flare-up, it wasn’t tanks that led the attack.
It wasn’t jets that responded first.
It was Drones.

And what stood between us and destruction?
Anti-drone systems.

Welcome to a new era of warfare One where Zen Technologies is quietly building India’s edge 👇

- A silent compounder is building India’s own Palantir + Anduril. 1 | Drones Will Be the First to Strike.

Cheap. Silent. Precise. Swarm-capable.
From surveillance to kamikaze hits - Drones are now the first wave of war.

Zen isn’t just watching this shift.
It’s arming the counterstrike.

Zen isn’t building drones - yet. But it powers them.
Through Vector Technics, Zen owns the engine room of India’s drone ecosystem:
🔹Modular IC engines (2/4/6-cylinder)
🔹Counter-rotary motors (↑30% flight time)
🔹Non-Chinese electronics & power boards
🔹Supplies to 60+ Indian drone firms
🔹Exporting to US, UK, Japan

"We found Vector powering the indigenization of India’s drone ecosystem. We had to own it."
“We’re not a drone company - yet. But we’re getting there.”
– Ashok Atluri

Zen isn’t stopping at propulsion.
It’s laying the foundation for combat-grade drone production.
Not if. Just when.

#DroneAttack #Zentech #StocksInFocus #StocksToWatch

♻️ Gravita India – A Silent Compounding Machine | Why Top Analysts Are Rushing to Raise Targets

- Everyone sees Gravita as a "recycler."
- But here’s the real story: it’s morphing into a global, capital-efficient, multi-material platform and the Street is only just waking up.

This thread breaks down why Axis, ICICI Sec, Kotak, and Nuvama are all bullish 🧵 1 | Not Just Revenue Growth - Gravita Is Rewiring Its DNA

Most companies scale by adding volume.
Gravita is doing something rarer - it's compounding value by upgrading mix, sourcing, and margins.

Here’s what analysts are seeing under the hood:
🔹46% revenue from value-added products
🔹60% YoY jump in domestically sourced scrap
🔹Aluminium & Rubber gaining momentum vs Lead
🔹Targeting 30%+ revenue from non-lead verticals by FY28
🔹Rubber vertical poised to scale from H1FY26

➡️ This is not just scale. This is strategic, capital-disciplined business transformation.
➡️ Shift from commodity to value - that's where analysts see rerating coming

#StocksInFocus #GravitaIndia #gravita #StocksToWatch

Waaree Energies Q4FY25 Investor Presentation Highlights :

FY25 Full-Year Performance
🔹Revenue: ₹14,846 Cr (⬆️ 27.6%)
🔹EBITDA: ₹3,123 Cr (⬆️ 72.6%)
🔹PAT: ₹1,932 Cr (⬆️ 107%)
🔹OCF: ₹3,158 Cr
🔹Net Cash: ₹510 Cr

Order Book & Capacity
Total Order Book: ₹47,000 Cr (~25 GW)
🔹India: 46% | Overseas: 54%

Manufacturing Capacity
🔹Modules: 15 GW
🔹Cells: 5.4 GW (operational)
🔹Expansion: Additional 4.8 GW (FY26–27) Waaree Energies - Full Stack Solar Powerhouse in Motion

Backward Integration
🔹6 GW ingot & wafer plant to be ready by FY27
🔹Existing cell capacity of 5.4 GW
🔹Tech tie-ups for Perovskite tandem cells
🔹15 GW module capacity; +4.8 GW by FY27
🔹On track for 6 GW PLI cell facility by FY27

Forward Integration
🔹EPC: 3.2 GW under execution
🔹O&M: 695 MWp of operating solar assets
🔹Inverters: 3 GW (3 lakh units) facility to go live by Q4FY26
🔹Power Infra: RUMSL 170 MW win, ~1 GW connectivity
🔹Battery Storage: 3.5 GWh Li-ion plant by FY27
🔹Green Hydrogen: 300 MW electrolyser PLI project by FY27

🏥 Ami Organics Ltd - A Detailed Analysis

- Ami Organics is a research driven specialty chemicals and pharmaceutical intermediates company with a strong global presence.
- With strong financial performance and rapid expansion in CDMO and specialty chemicals, it is well-positioned for sustained growth in the coming years.

📌 Current Price: ₹2,528
📊 52-Week High / Low: ₹2,644 / ₹1,004
💰 Market Cap: ₹10,344 Cr

Data Credit: Sovrenn 1 | Who is Ami Organics?

📍Company Overview:
🔹Founded: 2004​
🔹Headquarters: Surat, India​
🔹Business Model: Research-driven manufacturer of Advanced Pharmaceutical Intermediates & Specialty Chemicals​
🔹Presence: Strong foothold in pharmaceutical, battery chemicals, and semiconductor industries, exporting to 55+ countries​
🔹Manufacturing Facilities: 4 state-of-the-art plants in Gujarat & Uttar Pradesh, including USFDA and PMDA Japan-compliant sites​
🔹Total Installed Capacity: 1,100 KL across multiple production lines with zero-liquid discharge systems​
🔹Market Position: A leading CDMO & pharma intermediates player, expanding into specialty and semiconductor chemicals​

🏢 Subsidiaries & Business Divisions:
🔹Ami Organics Electrolytes Pvt. Ltd. – Focus on battery chemicals (electrolyte additives)​
🔹Baba Fine Chemicals (Acquisition) – India’s only player in semiconductor-grade photoresist chemicals​
🔹Global Customer Base: 500+ clients across 55+ countries, including major pharma & specialty chemical companies​

📌 With a strong pipeline of pharma intermediates, expanding CDMO business, and entry into high-growth segments like battery & semiconductor chemicals, Ami Organics is well-positioned for sustained long-term growth.

#StocksToWatch #StocksInFocus #Amiorganics

🚈Transrail Lighting Limited - A Detailed Analysis

- Transrail is a leading EPC player specializing in power transmission & distribution, civil infrastructure, poles & lighting, and railways.
- With a strong order book, international presence, and aggressive growth strategy, Transrail is positioned for sustained expansion.

📌Founded: 1984 | Expertise: 40+ years
💰Market Cap: ₹7,152 Cr
📊52W High/Low: ₹719 / ₹465
💸Current Price: ₹533

Data Credit : Sovrenn 1 | Transrail Lighting Limited - Who Are They?

🔹Founded: 1984
🔹Headquarters: Mumbai, India
🔹Business Model: EPC solutions in Power Transmission & Distribution, Civil Infrastructure, Poles & Lighting, and Railways
🔹Presence: Pan-India + Global footprint across 58 countries
🔹Market Position: Leading Indian EPC player in Power T&D with robust execution capabilities
🔹Order Book: ₹15,643 Cr including T1 from concall + ₹2,752 Cr new orders recently received.
🔹Manufacturing Capacity: 4 Integrated Plants - Deoli (MH) - 50,000 MTPA towers | Vadodara (GJ) - 30,000 MTPA towers | Silvassa - Conductors (DNH) – 50,000 MTPA | Silvassa - Poles (DNH) - 12,000 MTPA

📌With increasing infrastructure investments, global expansion, and a strong manufacturing base, Transrail is on a high-growth trajectory.

#Transrail #StocksToWatch #StocksInFocus

🏗️ Apollo Micro Systems Ltd - A Detailed Analysis

-Apollo Micro Systems (AMS) is a defense electronics leader specializing in electronic, electromechanical, and engineering design, offering end-to-end solutions in Aerospace, Defense, Space & Homeland Security through design, manufacturing, and testing.
-With strong financials, a growing order book, and expansion plans, AMS is targeting 45-50% annual growth, aiming to 2X revenues in 2 years.

📌 Founded: 1985 | Expertise: 40+ years
💰 Market Cap: ₹3,462 Cr
📊 52W High/Low: ₹157 / ₹88
💸 CMP: ₹113

Data credit : Sovrenn

#StocksToWatch #Apollomicro 1 | Apollo Micro Systems - Who Are They?

🔹Founded: 1985
🔹HQ: Hyderabad, India
🔹Business: Defense Electronics & Aerospace Solutions
🔹Presence: Pan-India + Expanding Global Ties
🔹Manufacturing: Unit I - 55,000 sq. ft. (IDA Mallapur) | Unit II - 40,000 sq. ft. (Adibatla) (Q1FY26) | Unit III (Upcoming) - 3,50,000 sq. ft. IPiDS (Hardware Park-II) (Q2FY26)
🔹Order Book: ₹500-550 Cr → Targeting ₹2,500 Cr+ by Dec 2026
🔹Market Position: Key supplier for Missile Systems, Naval Torpedoes & Avionics
🔹Production Utilization: Expanding to support 45-50% annual growth
🔹R&D Spend: 7-8% of revenue on cutting-edge defense tech

🔹Subsidiaries:
1️⃣ Ananya SIP RF Technologies - RF & Microwave Systems
2️⃣ Apollo Defence Industries (ADIPL) - Expanding Defense Manufacturing
3️⃣ Apollo Strategic Technologies - New step-down subsidiary (51%) for innovation & integration

📌 With rising defense budgets & Make in India focus, AMS is primed for high growth

#StocksInFocus #apollomicro

🏭 KRN Heat Exchanger & Refrigeration Ltd - A Detailed Analysis

-KRN is a leading manufacturer of fin and tube-type heat exchangers for the HVAC&R industry.
-With strong financials, aggressive expansion & rising exports, KRN is set for 5x-6x growth in 3 years! 🚀

📌Founded: 2017 | Expertise: 20+ years
💰Market Cap: ₹5,370 Cr
📊52W High/Low: ₹1,012 / ₹402
💸Current Price: ₹863

(Data Credit : Sovrenn)
#KRN #StocksToWatch #StocksInFocus 1 | KRN Heat Exchanger - Who Are They?

🔹Founded: 2017
🔹Headquarters: Rajasthan, India
🔹Business Model: HVAC & Refrigeration Heat Exchanger Solutions
🔹Presence: Pan-India + Expanding Exports 🌍
🔹Manufacturing Plants: 2 facilities in Neemrana, Rajasthan
🔹Total Production Capacity: 1 billion units annually
🔹Market Position: Leading Indian HVAC & Refrigeration Component Supplier
🔹Utilization: 84% of Production Capacity

📌 With rising demand for energy-efficient cooling solutions, KRN is poised for rapid growth!

#KRN #StocksToWatch #StocksInFocus