PSU stocks are preferred by most of the investors for their safety, strong dividends, potential for value appreciation, and government backing, making them appealing for conservative and income-focused investors.
They often dominate key sectors like defence, energy, banking, infrastructure, and others giving tough competition to the private sector along with strong financials, good future plans, low debt, and many other factors making them resilient during economic downturns.
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 Public Sector Undertakings(PSUs) in which Foreign Institutional Investors have increased their holding stake in Q2FY25.
Punjab National Bank
Punjab National Bank is engaged offering Banking Services, Government Business, Mutual Funds, Wealth Management services, Merchant Banking, Agency Business Insurance, and many more catering to all types of clients.
With a market capitalization of Rs. 1,18,664 Crores, the shares of Punjab National Bank Limited closed at Rs. 103.25 per equity share, up 0.78 percent from its previous day’s close price of Rs. 102.45.
In Q2FY25 the FII/FPI increased their holding in Punjab National Bank Limited from 5.51 percent in Q1FY25 to 8.42 percent in Q2FY25 by purchasing an additional 2.91 percent stake
Its Net Interest Income grew by 10.4 percent from Rs. 9,608.47 Crores in Q1FY24 to Rs. 10,608 Crores in Q1FY25, accompanied by profits of Rs. 1,210.82 Crores to Rs. 3,716.17 Crores.
Rail Vikas Nigam
Rail Vikas Nigam Limited is a central public sector enterprise with a Navratna status, it is engaged in the business of implementing various types of Rail infrastructure projects like doubling, gauge conversion, new lines, railway electrification, major bridges, etc.
With a market capitalization of Rs. 99,497 Crores, the shares of Rail Vikas Nigam Limited closed at Rs. 477.20 per equity share, down 2.46 percent from its previous day’s close price of Rs. 489.25.
In Q2FY25 the FII/FPI increased their holding in Rail Vikas Nigam Bank Limited from 3.13 percent in Q1FY25 to 5.05 percent in Q2FY25 by purchasing an additional 1.92 percent stake
Its revenue from operations declined by 26.88 percent from Rs. 5,571.57 Crores in Q1FY24 to Rs. 4,073.8 Crores in Q1FY25, accompanied by profits of Rs. 343.09 Crores to Rs. 223.92 Crores.
National Aluminium Company
National aluminium company limited (NALCO) is a navratna central public sector enterprises under the ministry of mines. Itt is one of the largest integrated Bauxite Alumina Aluminium Power Complex in India, engaged in the mining, manufacturing and selling of alumina, aluminium and other related products.
With a market capitalization of Rs. 42,610 Crores, the shares of National Aluminium Company Limited closed at Rs. 232 per equity share, up 3 percent from its previous day’s close price of Rs. 225.10.
In Q2FY25 the FII/FPI increased their holding in National Aluminium Company Limited from 10.43 percent in Q1FY25 to 12.08 percent in Q2FY25 by purchasing an additional 1.65 percent stake
Its revenue from operations declined by 10.14 percent from Rs. 3,178.36 Crores in Q1FY24 to Rs. 2,856.1 Crores in Q1FY25, accompanied by profits of Rs. 333.76 Crores to Rs. 588.42 Crores.
Gail India
Gail (India) Limited is a Maharatna Central Public Sector Enterprise, it is India’s leading natural gas company with diversified interests across the natural gas value chain of trading, transmission, LPG production &, transmission, LNG re-gasification, petrochemicals and many more.
With a market capitalization of Rs. 1,45,606 Crores, the shares of Gail India Limited closed at Rs. 221.45 per equity share, down 0.16 percent from its previous day’s close price of Rs. 221.80.
In Q2FY25 the FII/FPI increased their holding in Gail India Limited from 15.20 percent in Q1FY25 to 16.79 percent in Q2FY25 by purchasing an additional 1.59 percent stake
Its revenue from operations grew by 6 percent from Rs. 32,848 Crores in Q1FY24 to Rs. 34,821 Crores in Q1FY25, accompanied by profits of Rs. 1,792.99 Crores to Rs. 3,183.35 Crores.
Hindustan Petroleum Corporation
Hindustan Petroleum Corporation Limited is engaged in refining crude oil and marketing petroleum products, producing hydrocarbons, and providing services for managing exploration and production blocks, operating liquified natural gas, and many more.
With a market capitalization of Rs. 91,794 Crores, the shares of Hindustan Petroleum Limited closed at Rs. 431.40 per equity share, down 0.46 percent from its previous day’s close price of Rs. 433.40.
In Q2FY25 the FII/FPI increased their holding in Hindustan Petroleum Corporation Limited from 13.22 percent in Q1FY25 to 14.11 percent in Q2FY25 by purchasing an additional 0.89 percent stake
Its revenue from operations grew by 1.41 percent from Rs. 1,18,769 Crores in Q1FY24 to Rs. 1,20,442 Crores in Q1FY25, accompanied by profits of Rs. 6,765.5 Crores to Rs. 633.94 Crores.
Written by: Bharath K.S
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