The Government of Singapore is a prominent investor in Indian equities through the foreign institutional investors’ platform. As per the latest corporate shareholdings filed, the Government Of Singapore publicly holds 54 stocks with a net worth of over Rs. 2,28,695.8 crores.
Listed below are stocks in which the Government Of Singapore have bought fresh stakes during Q4FY24:
Kalyan Jewellers Ltd
With a market capitalization of Rs. 44,179 crores, the shares of the jewellery products manufacturing company started Monday’s trading session on a lower note at Rs. 419.15 compared to its previous close of Rs. 427. During the trading session, the shares hit a low of Rs. 410.05, making a loss of around 1 percent and are currently trading at Rs. 423 apiece.
According to the BSE data, the Government of Singapore bought a fresh stake in the company’s shares during the recent quarter by acquiring approximately 30.75 lakh equity shares equivalent to a 2.14 percent stake and the current holding value of his investment amounts to Rs. 485.2 crores.
Coming onto the company’s financial statements, the revenue increased by 18 percent from Rs. 4,415 crores during the September quarter to Rs. 5,223 crores in the December quarter. In addition, the net profits zoomed by 33 percent from Rs. 135 crores to Rs. 180 crores during the same timeframe.
Previously, the FII had entered into the company’s shares in March 2021 but divested entirely from the position by September 2023.
DLF Ltd
With a market capitalization of Rs. 2,19,003 crores, the shares of the real estate company started Monday’s trading session on a lower note at Rs. 892.50 compared to its previous close of Rs. 908. During the trading session, the shares hit a low of Rs. 866, making a loss of around 3 percent and are currently trading at Rs. 884 apiece.
According to the BSE data, the Government of Singapore bought a fresh stake in the company’s shares during the recent quarter by acquiring approximately 2.65 crore equity shares equivalent to a 1.07 percent stake and the current holding value of his investment amounts to Rs. 2,353.4 crores.
Coming onto the company’s financial statements, the revenue zoomed by 13 percent from Rs. 1,348 crores during the September quarter to Rs. 1,521 crores in the December quarter. In addition, the net profits increased by 5 percent from Rs. 622 crores to Rs. 656 crores during the same timeframe.
Previously, the FII had entered into the company’s shares in December 2015 but divested entirely from the position by March 2019.
InterGlobe Aviation Ltd
With a market capitalization of Rs. 1,37,928 crores, the shares of the aviation company started Monday’s trading session on a lower note at Rs. 3,670 compared to its previous close of Rs. 3,693.25. During the trading session, the shares hit a low of Rs. 3,566, making a loss of around 4 percent and are currently trading at Rs. 3,578 apiece.
According to the BSE data, the Government of Singapore bought a fresh stake in the company’s shares during the recent quarter by acquiring approximately 70.95 lakh equity shares equivalent to a 1.84 percent stake and the current holding value of his investment amounts to Rs. 2,548.3 crores.
Coming onto the company’s financial statements, the revenue zoomed by 30 percent from Rs. 14,944 crores during the September quarter to Rs. 19,452 crores during the December quarter. In addition, the net profits magnified by 1,486 percent from Rs. 189 crores to Rs. 2,998 crores during the same period.
Apollo Hospitals Enterprise Ltd
With a market capitalization of Rs. 91,014 crores, the shares of the healthcare company started Monday’s trading session on a higher note at Rs. 6,325 compared to its previous close of Rs. 6,406. During the trading session, the shares hit a low of Rs. 6,320, making a loss of around 2 percent and are currently trading at Rs. 6,337 apiece.
According to the BSE data, the Government of Singapore bought a fresh stake in the company’s shares during the recent quarter by acquiring approximately 30.75 lakh equity shares equivalent to a 2.14 percent stake and the current holding value of his investment amounts to Rs. 1,952.8 crores.
Coming onto the company’s financial statements, the revenue increased marginally by 0.08 percent from Rs. 4,847 crores during the September quarter to Rs. 4,851 crores in the December quarter. On the other hand, the net profits increased by 2 percent from Rs. 249 crores to Rs. 254 crores during the same timeframe.
Written By Vaibhav Patil
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