← Latest news 
Parag Parikh Flexi Cap Fund adds to ITC TCS HDFC Bank cuts Coal India and exits Balkrishna Industries
Business
Published on 9 May 2026
It quit Balkrishna Industries entirely while adding more
Parag Parikh Flexi Cap Fund increased stakes in ITC, TCS, and HDFC Bank in April, alongside additions to 14 other firms including Indraprastha Gas and HCL Technologies. At the same time, it reduced exposure to Coal India and Power Grid Corporation of India. The fund also made a complete exit from Balkrishna Industries, signaling a clear shift in portfolio positioning.
- April buying spree targeted ITC TCS and HDFC Bank
- Stake hikes extended to 14 more companies including Indraprastha Gas
- Exposure cut to Coal India and Power Grid Corporation
- Complete exit made from Balkrishna Industries
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times