Smallcap stocks in which JP Morgan funds holds up to 2.80% stake; Do you own any? 

JPMorgan Chase is one of the oldest, largest, and most well-known banking firms in the world. JPMorgan Chase & Co., based in New York City, is an American multinational and universal bank and financial services organization. J.P. Morgan is a leader in investment banking, commercial banking, financial transaction processing, and asset management. 

According to the most recent corporate shareholdings filing, JP Morgan funds publicly holds 8 stocks with a net worth of around Rs.4,913.4 Cr. 

Here are three small-cap stocks in which JP Morgan funds have a stake of up to 2.80% 

TeamLease Services Ltd. 

TeamLease Services shares were trading at Rs 2,690.45 a share on Monday, up 1.12 percent from the previous close price of Rs 2,663.85. The company has a market capitalization of Rs 4,525 crore. 

As of Q1 FY24, JP Morgan holds a 1.52 percent stake out of the 32.86 percent stake held by Foreign institutional investors in the company. The company’s promoter holds 31.61 percent and domestic institutional investors hold a 27.81 percent stake. 

The company’s profitability ratio for the most recent fiscal year shows a return on equity of 13.78 percent and a return on capital employed of 12.16 percent. while the company’s net profit margin increased to 1.41 percent. 

The company’s share price has increased by 8 percent in the previous six months and 6 percent on a year-by-year basis. 

TeamLease Services Pvt. Ltd. is India’s largest and foremost People Supply Chain and HR Services Company. It provides solutions for staffing, recruitment, training, payroll processing, and regulatory compliance. 

Metropolis Healthcare Ltd.

Metropolis Healthcare shares were trading at Rs 1,425.50 a share on Monday, up 0.17 percent from the previous close price of Rs 1,420.40. The company has a market capitalization of Rs 7,287 crore. 

As of Q1 FY24, JP Morgan holds a 2.80 percent stake out of the 25.66 percent stake held by Foreign institutional investors in the company. The company’s promoter holds 49.75 percent and domestic institutional investors hold a 14.89 percent stake. 

As well as JPMorgan Indian Investment Trust Plc also holds a 1.39 percent stake as of Q1 FY24. 

The company’s profitability ratio for the most recent fiscal year shows a return on equity of 14.45 percent and a return on capital employed of 17.32 percent. while the company’s net profit margin increased to 12.48 percent. 

The company’s share price has increased by 16 percent in the previous six months and 8 percent on a year-to-date basis. 

Metropolis Healthcare Limited is a well-known Indian diagnostics company. The company has a diagnostic centre network across India, South Asia, Africa, and the Middle East. 

Multi Commodity Exchange of India Ltd 

Multi Commodity Exchange of India shares were trading at Rs 1,785.15 a share on Monday, down 1.24 percent from the previous close price of Rs 1,807.60. The company has a market capitalization of Rs 9,111 crore. 

As of Q1 FY24, JP Morgan holds a 1.49 percent stake out of the 24.84 percent stake held by Foreign institutional investors in the company. The company’s retail investor holds 19.9 percent and domestic institutional investors hold a 55.06 percent stake. 

The company’s profitability ratio for the most recent fiscal year shows a return on equity of 7.19 percent and a return on capital employed of 9.21 percent. while the company’s net profit margin increased to 29.97 percent. 

The company’s share price has increased by 20 percent in the previous six months and 40 percent in a year.

The Multi Commodity Exchange of India Limited was the country’s first publicly traded exchange. It is a commodity derivatives exchange that supports online commodity derivatives trading, offering a platform for price discovery and risk management. 

Written by Omkar Chitnis

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