Investing in Indian stocks under Rs. 30 is popular due to its affordability, high growth potential, and appeal to both long-term value seekers and short-term traders. These low-priced stocks allow small investors to enter the market, diversify, and even acquire large volumes, which can yield high returns if the companies succeed.
FIIs are crucial to stock markets as they provide liquidity, boost investor confidence, and stabilize prices by injecting substantial capital, however, they also introduce vulnerabilities tied to the global economic landscape. This dual role makes managing and balancing FII involvement essential for the stability of any stock market.
Listed below are some of the stocks available under Rs. 30 in which Foreign Institutional Investors have increased their stake in Q2FY25
Gujarat Toolroom
Gujarat Toolroom Limited is engaged in development and operational activities catering to diverse sectors including construction, import-export of industrial equipment, gemstones and precious metal, and mining operations.
With a market capitalization of Rs. 191 Crores, the shares of Gujarat Toolroom Limited hit a 2 percent lower circuit at Rs. 11.93 per equity share, from its previous day’s close price of Rs. 12.17.
In Q2FY25 the FII/FPI increased their holding in Gujarat Toolroom Limited from 0 percent in Q1FY25 to 27.15 percent in Q2FY25 by purchasing a 27.15 percent stake
Its revenue from operations grew by 5886.36 percent from Rs. 1.1 Crores in Q1FY24 to Rs. 65.85 Crores in Q1FY25, accompanied by profits of Rs. 0.78 Crores to Rs. 2.72 Crores.
Pritika Auto Industries
Pritika Auto Industries is engaged in the business of manufacturing & selling tractors and other automotive parts, components & engineering goods. It is a manufacturer of machined castings and also manufactures components for tractors and Commercial vehicles.
With a market capitalization of Rs. 406 Crores, the shares of Pritika Auto Industries Limited closed at Rs. 25.11 per equity share, down 0.16 percent from its previous day’s close price of Rs. 25.15.
In Q2FY25 the FII/FPI increased their holding in Pritika Auto Industries Limited from 4.07 percent in Q1FY25 to 7.27 percent in Q2FY25 by purchasing an additional 3.2 percent stake
Its revenue from operations declined by 6 percent from Rs. 94.72 Crores in Q1FY24 to Rs. 88.80 Crores in Q1FY25, accompanied by profits of Rs. 5.29 Crores to Rs. 4.48 Crores.
Mishtann Foods
Mishtann Foods is an agricultural produce company engaged in the business of manufacturing, processing, and trading Agri commodities like rice, wheat, dal, rock salt, and many more.
With a market capitalization of Rs. 1,576 Crores, the shares of Mishtann Foods Limited closed at Rs. 14.62 per equity share, down 0.61 percent from its previous day’s close price of Rs. 14.71.
In Q2FY25 the FII/FPI increased their holding in Mishtann Foods Limited from 2.79 percent in Q1FY25 to 5.63 percent in Q2FY25 by purchasing an additional 2.84 percent stake
Its revenue from operations grew by 7 percent from Rs. 318 Crores in Q2FY24 to Rs. 342 Crores in Q2FY25, accompanied by profits of Rs. 87 Crores to Rs. 107 Crores.
Axita Cotton
Axita Cotton Limited is a textile manufacturing company engaged in the business of manufacturing, trading, processing, and finishing cotton bales and cotton seeds.
With a market capitalization of Rs. 493 Crores, the shares of Axita Cotton Limited closed at Rs. 14.18 per equity share, up 0.71 percent from its previous day’s close price of Rs. 14.08.
In Q2FY25 the FII/FPI increased their holding in Axita Cotton Limited from 0.52 percent in Q1FY25 to 1.96 percent in Q2FY25 by purchasing an additional 1.44 percent stake
Its revenue from operations declined by 32.1 percent from Rs. 227.87 Crores in Q2FY24 to Rs. 154.93 Crores in Q2FY25, accompanied by profits of Rs. 5.75 Crores to Rs. 3.54 Crores.
Written by: Bharath K.S
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.