Foreign Institutional Investors (FIIs) are significant players in global financial markets, comprising various entities such as mutual funds, pension funds, and hedge funds, among others. They invest substantial capital across international borders, influencing the market dynamics, liquidity, and investment trends, thus playing a crucial role in shaping global investment landscapes and economic development.
Here are stocks in which FII increased their stake up to 23.31% in Q2FY25 from Q1FY25;
SpiceJet Ltd
SpiceJet Limited is in the business of providing air transportation services for the carrying of passengers and goods. The company’s segments include Air Transport Services, Freighter and Logistics Services, and Other Services. Air transport services include, for example, passenger transport and secondary cargo activities resulting from passenger aircraft operations.
With a market capitalization of Rs 7,560.66 crore, the shares were closed at Rs 59 per share, decreased around 5 percent as compared to the previous closing price.
The foreign institutional investors of the company increased their stake by 23.31%, from 1.81% in Q1FY25 to 25.12% in Q2FY25. Additionally, 31.80% is owned by retail investors, 13.94% is held by domestic institutional investors, and 29.15% is owned by promoters.
The company’s revenue stood at Rs 1,696 crore in Q1FY25, during the same time frame, net profit stood at Rs 150 crore.
Brigade Enterprises Ltd
Brigade Enterprises Limited is a real estate development, leasing, and hospitality company that also provides associated services. The company’s segments include Real Estate, Lease Rentals, and Hospitality. The Real Estate segment is involved in the development of residential, commercial office, and mixed-use properties.
With a market capitalization of Rs 34,557.75 crore, the shares closed at Rs 1,415.00 per share, increased around 5 percent as compared to the previous closing price.
The foreign institutional investors of the company increased their stake by 1.13%, from 16.17% in Q1FY25 to 17.30% in Q2FY25. Additionally, 16.53% is owned by retail investors, 24.79% is held by domestic institutional investors, and 41.38% is owned by promoters.
The company’s revenue stood at Rs 1,078 crore in Q1FY25, during the same time frame, net profit stood at Rs 81 crore.
Prestige Estates Projects Ltd
Prestige Estates Projects Limited is an India-based real estate developer. The Company is engaged in building real estate projects throughout the residential, commercial, retail and hotel categories. The Company has produced over 250+ real estate projects spanning 151 mn square feet.
With a market capitalization of Rs 80,540.09 crore, the shares were trading at Rs 1,869.85 per share, increased around 2.38 percent as compared to the previous closing price.
The foreign institutional investors of the company increased their stake by 1.52%, from 16.83% in Q1FY25 to 18.35% in Q2FY25. Additionally, 3.30% is owned by retail investors, 17.41% is held by domestic institutional investors, and 60.95% is owned by promoters.
The company’s revenue stood at Rs 1,862 crore in Q1FY25, during the same time frame, net profit stood at Rs 307 crore.
Written by:- Abhishek Singh
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