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DSP BlackRock Equity Fund increases stake in Mold-Tek Packaging to 5.25%

DSP BlackRock Equity Fund increases stake in Mold-Tek Packaging to 5.25%

Aakash Agarwal1 min read
Quick Facts
What is "DSP BlackRock Equity Fund increases stake in Mold-Tek Packaging to 5.25%" about?
What category is this article in?
Stocks
Who wrote this article?
Aakash Agarwal, Capitalmind's research team.
When was this article published?
Published 17 May 2016.
How long does this article take to read?
1 min read
What topics does this article cover?
DSP BlackRock
What does the "Disclaimer" section say?
Nothing in this newsletter is financial advice and should not be construed as such. Please do not take trading decisions based solely on the matter above; if you do, it is entirely at your own risk without any liability to Capital Mind. This is educational or informational matter only, and is provided as an opinion.

Mold-Tek Packaging

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Mold-Tek Packaging Limited (MTPL) is the leader in rigid plastic packaging in India. Mold-Tek Packaging Limited is involved in the manufacturing of injection molded containers for lubes, paints, food and other products.

MTPL has seven processing plants and three stock points spread across India with an injection molding capacity of around 20000 TPA.

Mold-Tek Packaging Share Price May 2016

DSP BlackRock 3 Years Close Ended Equity Fund (with major concentration in Industrial Products , Textile Products and Pharmaceuticals) holds 1,273,632 or 4.6% (2.78% to Net Assets of the fund) purchased an additional 180,000 shares or 0.65%.

With this its increased stake now stands at 1,453,632 shares or 5.25%.

DSP logo

Here is how the portfolio of the fund stands prior to the acquisition of the above additional stake:

Portfolio of DSP BlackRock 3 Years Close Ended Equity Fund as on April 30, 2016

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Disclaimer

Nothing in this newsletter is financial advice and should not be construed as such. Please do not take trading decisions based solely on the matter above; if you do, it is entirely at your own risk without any liability to Capital Mind. This is educational or informational matter only, and is provided as an opinion.