Foreign Institutional Investors (FIIs) have significantly increased their investments in Indian stocks in Q1.
After offloading domestic equity shares worth over Rs. 34,250 crore in the initial two months of the financial year, FIIs have invested nearly Rs. 47,300 crore into the Indian equity markets from June to July.
Here are some of the stocks purchased by foreign investment banks such as Goldman Sachs, Morgan Stanley, and Societe Generale in Indian markets:
With a market cap of Rs. 3,024.6 crores, the stock surged by 0.05 percent to Rs. 51.16 in the trading session of Wednesday.
According to the June 2024 shareholding data available, the foreign investor Societe Generale bought nearly 1.3 crore equity shares in Dhani Services, representing a 2.13 percent stake.
Dhani Services Limited is primarily engaged in providing technology-enabled subscription-based healthcare and transaction finance services. It is also engaged in diverse business activities including financing, asset reconstruction, stock broking and related activities.
With a market cap of Rs. 4,550.2 crores, the shares of a leading Indian-Made Foreign Liquor (IMFL) manufacturer surged by 0.75 percent to Rs. 246.55 in the trading session of Wednesday.
According to the June 2024 shareholding data available, the foreign investor Societe Generale bought nearly 35 lakh equity shares in Tilaknagar Industries, representing a 1.83 percent stake.
Founded in 1933, Tilaknagar Industries Limited is engaged in the business of manufacturing and sale of Indian Made Foreign Liquor.
With a market cap of Rs. 4,962.8 crores, the shares of the largest flexible workspace solutions company in India surged by 10.2 percent to Rs. 740.55 in the trading session of Wednesday.
According to the June 2024 shareholding data available, the foreign investor Goldman Sachs bought 16.28 lakh equity shares in Awfis Space Solutions, representing a 2.4 percent stake.
Awfis Space Solutions Limited is the largest flexible workspace solutions company in India based on a total number of centres, as of 31st December 2023.
The company provides a wide range of flexible workspace solutions ranging from individual flexible desk needs to customised office spaces for start-ups, small and medium enterprises (SMEs) as well as for large corporates and multi-national corporations.
With a market cap of Rs. 6,600.4 crores, the shares of a leading optical and digital solutions company surged by 0.5 percent to Rs. 137.2 in the trading session of Wednesday.
According to the June 2024 shareholding data available, the foreign investor Goldman Sachs bought around 1.01 crore equity shares in Sterlite Technologies, representing a 2.1 percent stake.
Established in 2001, Sterlite Technologies Limited is a leading global optical and digital solutions company providing advanced offerings to build 5G, rural, FTTx, enterprise and data centre networks.
With a market cap of Rs. 12,471 crores, the shares of one of India’s leading private sector banks surged by 0.2 percent to Rs. 214.7 in the trading session of Wednesday.
According to the June 2024 shareholding data available, the foreign investor Morgan Stanley through Morgan Stanley Asia (Singapore) Pte. bought 1.21 crore equity shares in RBL Bank, representing a 2 percent stake.
Founded in the pre-independence era in 1943, RBL Bank Limited is one of India’s leading private-sector banks.
RBL Bank is a banking company engaged in offering specialised services under five business verticals namely: corporate banking, commercial banking, branch & business banking, retail assets and treasury & financial markets operations.
With a market cap of Rs. 19,381 crores, the stock surged by 1.2 percent to Rs. 394.85 in the trading session of Wednesday.
According to the June 2024 shareholding data available, the foreign investor Morgan Stanley through Morgan Stanley Asia (Singapore) Pte. bought 63.7 lakh equity shares in Aster DM Healthcare, representing a 1.3 percent stake.
Aster DM Healthcare Limited is one of the largest integrated private healthcare service providers operating in GCC (Gulf Cooperation Council) countries with a strong presence across primary, secondary, tertiary and quaternary healthcare.
Written by Shivani Singh
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.
