Foreign Institutional Investors are key entities in the financial market industry that invest their funds in a country outside of the one in which it is headquartered or registered. FIIs can include various market players such as hedge funds, insurance companies, pension funds, investment banks, and mutual funds.
Here are 3 stocks in which FIIs increased their stake by up to 6% in Q3FY25:
GE Vernova T&D India Ltd
GE T&D India Limited, formerly ALSTOM T&D India Limited, is a key player in the power transmission and distribution sector. The company operates six manufacturing sites and offers a range of products, solutions, and services, including transmission equipment up to ultra-high voltages (1200 kV and beyond), air-insulated switchgear (AIS), locally made power transformers, and gas-insulated switchgear (GIS). It also provides power electronics solutions, smart grid technology for transmission and distribution, and renewable energy integration.
With a market capitalization of ₹45,704.31 Crores, on Friday’s trade, the shares closed at ₹1,763.35 per share, around a 2.7% decline from its previous close of ₹ 1812 apiece.
The Foreign Institutional Investors of the company increased their stake by 5.22%, from 6.82% in Q2FY25 to 12.04% in Q3FY25. The FIIs have consistently increased their stake in GE Vernova T&D India Ltd in the past six quarters; it increased from 0.37% in June 2023 to 12.04% in the most recent quarter.
Garware Hi Tech Films Ltd
Garware Hi Tech Films Ltd, formerly Garware Polyester Limited, was founded in June 1957. It is a leading manufacturer of polyester films in India, specializing in performance-oriented products. The company produces specialty films such as sun control window films for automobiles and buildings, paint protection films for vehicles, and a variety of other polyester films. These include PET shrink films for labels, low oligomer PET films for insulation in motors and compressors, electric motor and cable insulation films, sequin application films, TV and LCD screen films, and packaging films.
With a market cap of ₹8,857.81 Crores, the shares on Friday’s trade closed at ₹3,824 per share, around a 2% dip from its previous closing.
The Foreign Institutional Investors of the company increased their stake by 1.13% from 1.56% in Q2FY25 to 2.69% in Q3FY25. In Garware Hi Tech, the FIIs showed consistent interest for the last four quarters, it rose from 0.31% in March 2024 to 2.69% in the most recent quarter.
Caplin Point Lab Ltd
Caplin Point Laboratories Limited, established on April 16, 1990, is a fully integrated pharmaceutical company. It specializes in the production, development, and marketing of a wide range of generic formulations and branded products, with exports to international markets. The company has its main research and development facilities in Tamil Nadu and a manufacturing plant in Puducherry, India. It holds over 4,000 product registrations globally, including more than 650 pharmaceutical formulations across 36 therapeutic categories.
With a market capitalization of ₹16,342.51 Crores, on Friday the shares closed at ₹2146 per share, down by 3% from its previous closing price.
The Foreign Institutional Investors of the company increased their stake by 1.15% from 3.71% in Q2FY25 to 4.86% in Q3FY25. The FIIs have shown consistent enthusiasm in Caplin Point Lab by increasing their stake from 2.84% in December 2023 to 4.86% in the most recent quarter.
Written by Adhvaitha Nayani
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.
