FII and DII are two prominent terms in the investment landscape. A Foreign Institutional Investor (FII) refers to an investment fund or investor that invests in a country’s assets while being based outside that country. In contrast, Domestic Institutional Investors (DIIs) are those who invest in financial instruments and securities within India, where they reside. The actions of both FIIs and DIIs can have a significant impact on stock prices and market liquidity.
The stocks that have seen recent investment from FIIs and DIIs are:
With a market capitalization of Rs. 9,328.29 crores, JK Lakshmi Cement Ltd opened the trading session at Rs. 797.95, 0.72% above the previous close of Rs. 792.20. The stock reached an intraday high of Rs. 800, reflecting a 0.98% increase from the previous close.
JK Lakshmi Cement (JKLC) is a leading manufacturer and supplier of Cement and Cementitious products like RMC & AAC Blocks with manufacturing facilities in the State of Rajasthan, Chattisgarh, Gujarat, Haryana and Odisha.
On October 03, 2024, Domestic Institutional Investor, HDFC Mutual Fund, a leading asset management company bought 8.44 lakh shares of JK Lakshmi Cement at an average price of Rs. 785 per share with the total transaction amounting to Rs. 66.25 crore.
For Q1FY25 the company reported a net profit decrease of 9.6% to Rs. 67.6 crores compared to a net profit of Rs. 79.79 crores in Q1FY24, while revenue from operations also marked a decrease by 15.27% to Rs. 1,563.88 crores from Rs. 1,730.25 crores in comparison to the same period.
Eris Lifesciences Limited:
With a market capitalization of Rs. 18,371.56 crores, Eris Lifesciences Limited opened the trading session at Rs. 1,330, par with the previous close. The stock reached an intraday high of Rs. 1,355, reflecting a 1.87 % increase from the previous close.
The Company is presently engaged in the manufacturing and marketing of pharmaceutical products.
On October 03, 2024, Domestic Institutional Investor, Motilal Oswal Financial Services, bought 20.79 lakh shares of Eris Lifesciences Limited at an average price of Rs. 1,350.18 per share with the total transaction amounting to Rs. 280.7 crore.
However, investor Rakesh Shah sold 20 lakh shares at an average price of Rs 1,350 per share, valued at Rs 270 crore.
For Q1FY25 the company reported a net profit decrease of 4.5% to Rs. 89.42 crores compared to a net profit of Rs. 93.65 crores in Q1FY24, while revenue from operations also marked a decrease of 55.55% to Rs. 715.59 crores from Rs. 460.03 crores in comparison to the same period.
HDFC Bank Limited:
With a market capitalization of Rs. 12,84,069.22 crores, HDFC Bank Limited opened the trading session at Rs. 1,674.50, below the previous close of Rs. 1,682.00. At 11:42 am the stock was trading at Rs 1,683.65 a piece.
HDFC Bank Limited is a publicly held banking company engaged in providing a range of banking and financial services including retail banking, wholesale banking, and treasury operations.
On October 03, 2024, Morgan Stanley Asia (Singapore) Pte and Citigroup Global Markets Mauritius two major Foreign Institutional Investors that operate within the global investment and financial services sector bought 17.5 lakh shares and 26.25 lakh shares of HDFC Bank Limited at an average price of Rs. 1,726.2 per share with the total transaction amounting to Rs. 755.29 crore from BNP Paribas Financial Markets.
For Q1FY25 the company reported a net profit increase of 38.57% to Rs. 17,188 crores compared to a net profit of Rs. 12,403 crores in Q1FY24, while revenue from operations also marked an increase of 46.6% to Rs. 36,966.00 crores from Rs. 25,213.00 crores in comparison to the same period.
Written By
Joseph Pv
Inshorts:
The companies in which FIIs and DIIs bought a stake on October 03 are JK Lakshmi Cement Limited in which HDFC Mutual Fund bought 8.44 lakh shares at Rs. 785.00, Eris Lifesciences Limited in which Motilal Oswal bought 20.79 lakh shares at Rs. 1,350.18 and HDFC Bank Limited in which Morgan Stanley Asia Pte and Citigroup Global Markets bought 43.75 lakh shares at Rs. 1,726.2.
