Fund managers raise stake in nearly 300 firms, 10 of them double wealth; worth a look?

Fund managers were quick to spot the beaten-down stocks and raised stake in as many as 287 companies in the June quarter, data from AceEquity showed as on August 13. Out of 287, there are 10 companies whose stocks have rallied more than 100 percent so far in 2020. These are Aarti Drugs, Laurus Labs, Granules India, Alkyl Amines, Tata Communications, Navin Fluorine, Birlasoft, Aurobindo Pharma, Vaibhav Global and Neuland Laboratories. Most of the stocks in which fund managers raised stake in the June quarter are from the small & midcap space. 

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