SMALLCAP World Fund Ups Stake In Home First Finance To 7.81%

SMALLCAP World Fund Inc. has raised its stake in Home First Finance Co. India Ltd. to 7.81% after acquiring shares through open market purchases, the company said in an exchange filing on Thursday.

The fund bought a 2.94% stake, or 3.02 million shares, in the company on April 30.

Following the transaction, SMALLCAP World Fund now holds a total of 8.04 million shares in the housing financier.