Foreign Institutional Investors (FIIs) increasing their holding stake in certain companies indicate a positive outlook on the company’s performance, management, and prospects, thereby leading to speculation of expected future growth and upcoming changes in the company.
Listed below are 3 stocks under Rs. 75 in which Foreign Institutional Investors (FII) / Foreign Portfolio Investors (FPI) have increased stake.
Tiger Logistics
Tiger Logistics (India) is one of the leading international logistics and solutions providers covering freight forwarding, transportation, and customs clearance, with a strong presence across the country by providing services to industries like automotive, engineering, yarns, textiles, pharmaceuticals, commodities, FMCG industries, and many more.
With a market capitalization of Rs. 707 Crores, the shares of Tiger Logistics Limited were trading at Rs. 66.49 per equity share, up 0.77 percent from its previous day’s close price of Rs. 65.98.
In Q3FY25 the FII/FPI increased their holding in Tiger Logistics Limited from 8.08 percent in Q2FY25 to 9.41 percent in Q3FY25 by purchasing an additional 1.33 percent stake.
PC Jewellers
PC Jewellers Limited is engaged in the business of manufacturing, sale and trading of gold jewellery, diamond-studded jewellery and silver items and operates in different geographical areas. It has offered a range of jewellery including rings, earrings, mangal sutra, coins, chains, pendants, and bracelets.
With a market capitalization of Rs. 6,982 Crores, the shares of PC Jewellers Limited were trading at Rs. 14.99 per equity share, up 0.81 percent from its previous day’s close price of Rs. 14.87.
In Q3FY25 the FII/FPI increased their holding in PC Jewellers Limited from 3.31 percent in Q2FY25 to 5.55 percent in Q3FY25 by purchasing an additional 2.24 percent stake.
One Point One Solutions
One Point One Solutions Ltd. is a business process management company. Its services include originations, customer service, technical help desk, collections, back-office operations, sales, complaint and dispute management and retentions.
With a market capitalization of Rs. 1,533 Crores, the shares of One Point One Solutions Limited were trading at Rs. 60.01 per equity share, up 8 percent from its previous day’s close price of Rs. 55.48.
In Q3FY25 the FII/FPI increased their holding in One Point One Solutions Limited from 3.19 percent in Q2FY25 to 14.28 percent in Q3FY25 by purchasing an additional 11.09 percent stake.
Written by: Bharath K.S
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