Foreign Institutional Investors view India as a strong long-term growth story with immense potential in technology, consumption, and manufacturing. They are encouraged by its reforms, macroeconomic resilience, and demographic strengths.
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 some of the stocks in which Foreign Institutional Investors have made fresh investments in Q2FY25.
Arvind Fashions
Arvind Fashions Limited is a fashion apparel company primarily engaged in the business of marketing and distribution of branded apparel and accessories, operating in the branded apparel, beauty, and footwear space. Its portfolio of owned and licensed international brands, includes US Polo, Arrow, Flying Machine, Tommy Hilfiger, Calvin Klein, Sephora, and others.
With a market capitalization of Rs. 8,131 Crores, the shares of Arvind Fashions Limited closed at Rs. 610.40 per equity share, up 2.29 percent from its previous day’s close price of Rs. 596.75.
In Q2FY25, Foreign Institutional Investor Goldman Sachs took a fresh position in Arvind Fashions Limited by acquiring a 1.8 percent stake in it consisting of 23.88 Lakh Equity shares.
Its Revenue from operations grew by 10.17 percent YoY from Rs. 867 Crores in Q1FY24 to Rs. 955 Crores in Q1FY25, accompanied by a loss of Rs. 5 Crores to a profit of Rs. 14 Crores.
Computer Age Management Services
Computer Age Management Services Limited is engaged in providing investor services, distributor services, and asset management company services. It acts as a transfer agency for mutual funds, catering to Indian asset management firms. It is India’s largest registrar and transfer agent with an aggregate market share of 68 percent.
With a market capitalization of Rs. 22,244 Crores, the shares of Computer Age Management Services Limited closed at Rs. 4,513.60 per equity share, up 0.54 percent from its previous day’s close price of Rs. 4,489.45.
In Q2FY25, Foreign Institutional Investor Goldman Sachs took a fresh position in Computer Age Management Services Limited by acquiring a 1 percent stake in it consisting of ~5.03 Lakh Equity shares.
Its Revenue from operations grew by 26.83 percent YoY from Rs. 261 Crores in Q1FY24 to Rs. 331 Crores in Q1FY25, accompanied by profits of Rs. 76 Crores to Rs. 107 Crores.
Cello World
Cello World is one of the leading Indian consumer product companies mainly dealing in writing instruments and stationery, molded furniture, consumer housewares, and related products
With a market capitalization of Rs. 19,566 Crores, the shares of Cello World Limited closed at Rs. 885.80 per equity share, down 0.66 percent from its previous day’s close price of Rs. 891.70.
In Q2FY25, Foreign Institutional Investor Goldman Sachs took a fresh position in Cello World Limited by acquiring a 1.1 percent stake in it consisting of ~24.46 Lakh Equity shares.
Its Revenue from operations grew by 6.12 percent YoY from Rs. 472 Crores in Q1FY24 to Rs. 501 Crores in Q1FY25, accompanied by profits of Rs. 83 Crores to Rs. 89 Crores.
KEI Industries
KEI Industries Limited is engaged in manufacturing and supplying of wires and cables. Its segments include Cables and Wires, Stainless Steel Wire, and Engineering, Procurement, and Construction (EPC) Projects.
With a market capitalization of Rs. 41,312 Crores, the shares of KEI Industries closed at Rs. 4,577.95 per equity share, up 1.13 percent from its previous day’s close price of Rs. 4,526.90.
In Q2FY25, Foreign Institutional Investor Goldman Sachs took a fresh position in KEI Industries Limited by acquiring a 1.01 percent stake in it consisting of ~9.11 Lakh Equity shares.
Its Revenue from operations grew by 15.59 percent YoY from Rs. 1,783 Crores in Q1FY24 to Rs. 2,060 Crores in Q1FY25, accompanied by profits of Rs. 121 Crores to Rs. 150 Crores.
Kross
Kross Limited is engaged in manufacturing and supplying trailer axles, suspensions, and a wide range of forged and precision machined safety critical parts for medium and heavy-duty commercial vehicles (M&HCV) and agricultural equipments.
With a market capitalization of Rs. 1,276 Crores, the shares of Kross Limited closed at Rs. 197.75 per equity share, down 1.2 percent from its previous day’s close price of Rs. 200.15.
In Q2FY25, Foreign Institutional Investor Societe Generale took a fresh position in Kross Limited by acquiring a 1.12 percent stake in it consisting of ~7.2 Lakh Equity shares.
Its Revenue from operations grew by 1.86 percent YoY from Rs. 143.71 Crores in Q1FY24 to Rs. 146.39 Crores in Q1FY25, accompanied by profits of Rs. 8 Crores to Rs. 7.66 Crores.
Written by: Bharath K.S
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