Goldman Sachs, a global investment banking and financial services firm, has a significant presence in India. The company offers a wide range of financial services to various clients, including governments, institutions, and high-net-worth individuals.
As per the latest corporate shareholdings filed, Goldman Sachs India Limited publicly holds around 41 stocks with a net worth of over Rs. 7,406 crores.
Listed below are smallcap stocks in which Goldman Sachs bought fresh stakes during Q1FY25:
Aether Industries Ltd:
With a market capitalization of Rs. 11,764 crores, the shares of the speciality chemicals manufacturing company started Friday’s trading session on a higher note at Rs. 906 compared to its previous close of Rs. 899.50. During the trading session, the shares hit a low of Rs. 883.90, losing around 2 percent and closed the day at Rs. 886 apiece.
Looking at the company’s financial statements, the revenue decreased by 24 percent from Rs. 155.36 crores during the December quarter to 117.53 crores in the March quarter. On the other hand, the net profits underwent a shift from Rs. 17.43 crores in profit to Rs. 1.43 crores in loss during the same period.
According to the BSE data, Goldman Sachs, a global investment banking, bought a fresh stake in the company’s shares during the recent quarter by acquiring approximately 14.19 lakh equity shares equivalent to a 1.07 percent stake and the current holding value of his investment amounts to Rs. 127.9 crores.
Aether Industries is a leading speciality chemical manufacturer in India that focuses on producing advanced intermediates and speciality chemicals involving complex and differentiated chemistry and technology core competencies.
Transformers & Rectifiers India Ltd
With a market capitalization of Rs. 11,451 crores, the shares of Power, Furnace and Rectifier Transformers manufacturing company started Friday’s trading session on a flatter note at Rs. 744.75 compared to its previous close of Rs. 744.55. During the trading session, the shares hit a high of Rs. 775, gaining around 3 percent and closed the day at Rs. 761 apiece.
Coming onto the company’s financial statements, the revenue zoomed by 39 percent from Rs. 369.35 crores in the December quarter to Rs. 512.7 crores during the March quarter. In addition, the net profits magnified by 165 percent from Rs. 15.72 crores to Rs. 41.62 crores during the same period.
According to the BSE data, Goldman Sachs, a global investment banking, bought a fresh stake in the company’s shares during the recent quarter by acquiring approximately 18.70 lakh equity shares equivalent to a 1.25 percent stake and the current holding value of his investment amounts to Rs. 145.2 crores.
During the year, Transformers & Rectifiers recorded a highest-ever order inflow of Rs. 2,050 crores including export orders of 11 percent and as of March 31st, 2024, the company had an unexecuted order of Rs. 2,582 crores.
Headquartered in Gujarat, Transformers & Rectifiers was incorporated in 1994. The company is engaged in designing and manufacturing the entire range of transformers viz Power, Distribution, Furnace, Rectifier Transformers & Shunt Reactors for both domestic and international markets.
Written By Vaibhav Patil
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