The Tata Group is a multinational conglomerate and one of India’s largest and oldest industrial groups, with interests spanning various sectors including steel, automotive, information technology, chemicals, hospitality, and many others.
Tata Group is known for its emphasis on ethical business practices, corporate social responsibility, and a strong commitment to community development, with significant contributions to India’s economy and philanthropy.
An increase in holding stakes by Foreign Institutional Investors (FIIs) in certain companies suggests a positive outlook on the company’s performance, management, and future potential. This trend often leads to speculation about expected growth and possible upcoming changes within the company.
Listed below are some of the Tata Group stocks in which Foreign Institutional Investors have increased their holding stake in Q2FY25.
Voltas
Voltas Limited is an India-based air conditioning and engineering solutions provider and a projects specialist engaged in offering products and services like air conditioning, refrigeration, and electro-mechanical projects as an EPC contractor both in domestic and international geographies, engineering product services, and many more.
As of June 2024, Voltas Limited continues to be a market leader both in Split and Window Air-conditioners with an Exit Market Share of 21.2 percent.
With a market capitalization of Rs. 58,094 Crores, the shares of Voltas Limited closed at Rs. 1,755.70 per equity share, down 1.96 percent from its previous day’s close price of Rs. 1,790.85.
In Q2FY25 the FII/FPI increased their holding in Voltas Limited from 15.08 percent in Q1FY25 to 18.09 percent in Q2FY25 by purchasing an additional 3.01 percent stake
Its revenue from operations grew by 47.03 percent from Rs. 3,335.34 Crores in Q1FY24 to Rs. 4,903.91 Crores in Q1FY25, accompanied by profits of Rs. 129.42 Crores to Rs. 335 Crores.
Tata Motors
Tata Motors Limited is a leading automobile manufacturer offering a wide and diverse portfolio of cars, sports utility vehicles, buses, trucks, and defence vehicles across its global presence.
With a market capitalization of Rs. 3,18,166 Crores, the shares of Tata Motors Limited closed at Rs. 864.35 per equity share, down 1.75 percent from its previous day’s close price of Rs. 879.75.
In Q2FY25 the FII/FPI increased their holding in Tata Motors Limited from 18.18 percent in Q1FY25 to 20.54 percent in Q2FY25 by purchasing an additional 2.36 percent stake
Its revenue from operations grew by 5.7 percent from Rs. 1,01,528 Crores in Q1FY24 to Rs. 1,07,316 Crores in Q1FY25, accompanied by profits of Rs. 3,089.7 Crores to Rs. 5,692 Crores.
Written by: Bharath K.S
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