SBI Mutual Fund Sells Paradeep Phosphates Shares; Stock Dips

SBI Mutual Fund sold some of its shares in Paradeep Phosphates, a fertilizer company.

This caused a small dip in the stock price.

The fund reduced its stake by 2%, but still holds a significant portion.

Paradeep Phosphates has been doing well financially, with a large increase in profits and revenue.

This performance helped the stock price rise a lot in the last year.

The company also had strong sales and improved profit margins recently.