As per the latest corporate shareholdings filed, the President Of India publicly holds 79 stocks with a net worth of over Rs. 42,57,774.1 Crores. Here are 4 stocks held by the Government Of India under the name of the Honourable President of India with Net Profit Margins of more than 25 percent.
Power Grid Corporation of India
Power Grid Corporation of India is a power transmission company with Maharatna Central Public Sector Enterprise status, engaged in the business of implementation, operation, and maintenance of Inter-state Inter-State Transmission System (ISTS), Telecom and consultancy services
With a market capitalization of Rs. 2,55,627 Crores, the shares of Power Grid Corporation of India Limited closed at Rs. 274.85, down 2.36 percent from its previous day’s close price of Rs. 281.50.
As of Q3FY24 Power Grid Corporation of India Limited has a Net Profit Margin of 34.87 percent According to the latest shareholding data available for the December 2023 Quarter, the President of India holds a 51.34 percent stake in the company.
Its revenue from operations grew by 2.52 percent from Rs. 11,262 Crores in Q3FY23 to Rs. 11,550 Crores in Q3FY24, accompanied by profits of Rs. 3,645 Crores to Rs. 4,028 Crores.
NHPC
NHPC Limited is a Miniratna central public sector enterprise, it is primarily involved in the generation of power through hydropower stations and the sale of bulk power to various power utilities. Its other business includes providing project management, construction contracts, consultancy assignment services, and many more.
As of Q3FY24 NHPC Limited has a Net Profit Margin of 30.57 percent and according to the latest shareholding data available for the December 2023 Quarter, the President of India holds a 70.95 percent stake in the company.
With a market capitalization of Rs. 93,368.60 Crores, the shares of NHPC Limited closed at Rs. 92.95, up 0.37 percent from its previous day’s close price of Rs. 92.61.
Its revenue from operations declined by 22.72 percent from Rs. 2,583 Crores in Q3FY23 to Rs. 2,056 Crores in Q3FY24, accompanied by profits of Rs. 776 Crores to Rs. 628 Crores.
NMDC
NMDC Limited is a Navratna Central Public Sector Enterprise, which is India’s largest iron ore producer contributing around 16.07 percent of the total iron ore produced in India. It is involved in the exploration of a range of minerals like copper, rock phosphate, limestone, magnesite, diamond, tungsten, etc.
With a market capitalization of Rs. 71,624 Crores, the shares of NMDC Limited closed at Rs. 244.40, down 1.03 percent from its previous day’s close price of Rs. 244.40.
As of Q3FY24 NMDC Limited has a Net Profit Margin of 27.17 percent and according to the latest shareholding data available for the December 2023 Quarter, the President of India holds a 60.79 percent stake in the company.
Its revenue from operations grew by 37 percent from Rs. 3,720 Crores in Q3FY23 to Rs. 5,410 Crores in Q3FY24, accompanied by profits of Rs. 914 Crores to Rs. 1,482 Crores.
Hindustan Zinc
Hindustan Zinc Limited is engaged in the exploration, extraction, processing of minerals, and manufacturing of metals and alloys. It has over 75 percent market share in India’s primary zinc market.
It is India’s largest and only integrated producer of zinc, lead, and silver, the World’s 2nd largest integrated zinc producer, and one of the lowest-cost producers globally.
With a market capitalization of Rs.1,31,746 Crores, the shares of Hindustan Zinc Limited closed at Rs. 313, down 0.60 percent from its previous day’s close price of Rs. 314.90.
As of Q3FY24 Hindustan Zinc Limited has a Net Profit Margin of 27.74 percent and according to the latest shareholding data available for the December 2023 Quarter, the President of India holds a 29.54 percent stake in the company.
Its revenue from operations declined by 7.32 percent from Rs. 7,866 Crores in Q3FY23 to Rs. 7,310 Crores in Q3FY24, accompanied by profits of Rs. 2,157 Crores to Rs. 2,038 Crores.
Written by Bharath KS
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.
