An investor who invests in a nation other than its registered is known as a foreign institutional investor (FII). In India, where it describes foreign companies investing in the country’s financial markets, the phrase “foreign institutional investor” is most likely used.
Here are Five Stocks in which FIIs increased their stake up to 16.85 % in Q2FY24 from Q1FY24
Suzlon Energy Ltd
Suzlon Energy Ltd. is a provider of renewable energy solutions, engaged in the production, project management, and upkeep of wind turbine generators.
Suzlon Energy Ltd. is a Large-cap company with a market capitalization of Rs 59,731.15 crores. On, Friday, The company shares were trading at Rs 44 a share, an increase of 4.61 percent from the previous close price of Rs 42.06 a share.
Looking into the company’s financial performance, the company’s revenue in the second quarter is Rs 1,421 crore Q2FY24, and during the same period, the net profit is Rs 102.89 crore.
Foreign institutional investors increased their stake in the company by 3.17 percent,i.e., from 6.81 percent in Q1FY24 to 9.98 percent in Q2FY24. As of the September quarter of FY 23-24, the promoters hold a 13.29 percent stake, while retail investors hold a 66 percent stake in the company. The stock has delivered a multi-bagger return of 370.3 percent in six months.
Titagarh Rail System Ltd
Titagarh Rail System Ltd is mainly engaged in the manufacturing and selling of Freight Wagons, Passenger Coaches, Train Electricals, Steel Castings, Specialised Equipment and bridges, Ships, etc
Titagarh Rail System Ltd is a Small-cap company with a market capitalization of Rs 11,528.70 crores. On, Friday, The company shares were trading at Rs 906.55 a share, an increase of 8 percent from the previous close price of Rs 838 a share.
Looking into the company’s financial performance, the company’s revenue in the second quarter is Rs 935 crore Q2FY24, and during the same period, the net profit is Rs 70.89 crore.
Foreign institutional investors increased their stake in the company by 9.8 percent,i.e., from 7.05 percent in Q1FY24 to 16.85 percent in Q2FY24. As of the September quarter of FY 23-24, the promoters hold a 44.47 percent stake, while retail investors hold a 27.72 percent stake in the company. The company’s stock has delivered returns of 75.55 percent in six months.
Chennai Petroleum Corporation Ltd.
Chennai Petroleum Corporation Ltd is engaged with refining crude oil to produce and supply various petroleum products and manufacture and sale of lubricating oil additives.
Chennai Petroleum Corporation Ltd is a Small-cap company with a market capitalization of Rs 9,493.85 crores. On, Friday, The company shares were trading at Rs 637.55 a share, a decrease of 1.92 percent from the previous close price of Rs 650 a share.
Looking into the company’s financial performance, the company’s revenue in the second quarter is Rs 20,009 crore Q2FY24, and during the same period, net profit is Rs 1,187 crore.
Foreign institutional investors increased their stake in the company by 3 percent,i.e., from 8.49 percent in Q1FY24 to 16.85 percent in Q2FY24. As of the September quarter of FY 23-24, the promoters hold a 67.29 percent stake, while retail investors hold a 19.58 percent stake in the company. The stock has delivered a multi-bagger return of 189.6 percent in a year.
Syrma SGS Technology Ltd
Syrma SGS Technology Ltd. provides services for the manufacturing of electronics (EMS), the company offers original equipment manufacturers (OEMs) integrated services and solutions from the initial product concept stage to volume production.
Syrma SGS Technology Ltd is a Small-cap company with a market capitalization of Rs 9,306.47 crores. On, Friday, The company shares were trading at Rs 526.45 a share, a decrease of 0.84 percent from the previous close price of Rs 530 a share
Looking into the company’s financial performance, the company’s revenue in the second quarter is Rs 711.7 crore Q2FY24, and during the same period, net profit is Rs 3.51 crore.
Foreign institutional investors increased their stake in the company by 0.87 percent,i.e., from 9.27 percent in Q1FY24 to 10.14 percent in Q2FY24. As of the September quarter of FY 23-24, the promoters hold a 47.21 percent stake, while retail investors hold a 33.02 percent stake in the company. The stock has delivered a return of 93 percent in a year.
Repro India Ltd
Repro India Ltd. is engaged in providing print solutions which include value engineering, creative designing, pre-press, printing, knitting and assembly, and other services across the printing value chain.
Repro India Ltd. is a Small-cap company with a market capitalization of Rs 1,084.09 crores. On, Friday, The company shares were trading at Rs 758.25 a share, a decrease of 2 percent from the previous close price of Rs 776.25 a share.
Looking into the company’s financial performance, the company’s revenue in the second quarter is Rs 116.8 crore Q2FY24, and during the same period, net profit is Rs 1.95 crore.
Foreign institutional investors increased their stake in the company by 4 percent,i.e., from 6.33 percent in Q1FY24 to 10.59 percent in Q2FY24. As of the September quarter of FY 23-24, the promoters hold a 46.99 percent stake, while retail investors hold a 42.77 percent stake in the company. The stock has delivered a return of 75.56 percent in a year.
Written By:- Abhishek Singh
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