Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DII) 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 stocks in which FII and DII have increased their stake in Q1FY25
Mas Financial Services
Mas Financial Services Limited is a nonbanking finance company(NBFC) engaged in offering retail financing products for MSMEs, home loans, two-wheeler loans, used car loans, commercial vehicles, and many more.
With a market capitalization of Rs. 5,390 Crores, the shares of MAS Financial Services Limited closed at Rs. 297.10 per equity share, up 2 percent from its previous day’s close price of Rs. 291.25.
In Q1FY25 the FII/FPI increased their holding in Mas Financial Services Limited from 1.79 percent to 3.63 percent by purchasing an additional 1.84 percent stake and Domestic Institutional Investors increased their holding from 14.42 percent to 20.46 percent by purchasing an additional 6.04 percent stake.
Its Revenue from operations grew by 21.89 percent from Rs. 269.17 Crores in Q4FY23 to Rs. 328.1 Crores in Q4FY24, accompanied by profits of Rs. 55.55 Crores to Rs. 68.05 Crores.
Craftsman Automation
Craftsman Automation is a precision components manufacturer, it is engaged in designing, developing, and manufacturing of engineering products using its state-of-the-art engineering technology and efficient manpower.
With a market capitalization of Rs. 13,647 Crores, the shares of Craftsman Automation Limited closed at Rs. 5,720.75 per equity share, up 0.29 percent from its previous day’s close price of Rs. 5,704.15.
In Q1FY25 the FII/FPI increased their holding in Craftsman Automation Limited from 12.55 percent to 15.46 percent by purchasing an additional 2.91 percent stake and Domestic Institutional Investors increased their holding from 16 percent to 21.04 percent by purchasing an additional 5.04 percent stake.
Its Revenue from operations grew by 12.75 percent from Rs. 980.37 Crores in Q4FY23 to Rs. 1,105.34 Crores in Q4FY24, accompanied by profits of Rs. 80.84 Crores to Rs. 70.53 Crores.
Transformers & Rectifiers
Transformers & Rectifiers (India) Limited 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.
With a market capitalization of Rs. 11,768 Crores, the shares of Transformers & Rectifiers Limited closed at Rs. 784.15 per equity share, down 2.18 percent from its previous day’s close price of Rs. 801.60.
In Q1FY25 the FII/FPI increased their holding in Transformers & Rectifiers Limited from 4.45 percent to 7.89 percent by purchasing an additional 3.44 percent stake and Domestic Institutional Investors increased their holding from 1.89 percent to 5.36 percent by purchasing an additional 3.47 percent stake.
Its Revenue from operations grew by 16.96 percent from Rs. 438.35 Crores in Q4FY23 to Rs. 512.7 Crores in Q4FY24, accompanied by profits of Rs. 9.6 Crores to Rs. 41.62 Crores.
Written by: Bharath K.S
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