{"id":113826,"date":"2023-11-16T17:45:00","date_gmt":"2023-11-16T12:15:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=113826"},"modified":"2023-11-16T16:12:23","modified_gmt":"2023-11-16T10:42:23","slug":"mid-cap-stocks-in-which-president-of-india-has-reduced-stake-in-q2-are-you-holding-any","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/mid-cap-stocks-in-which-president-of-india-has-reduced-stake-in-q2-are-you-holding-any\/","title":{"rendered":"Mid cap stocks in which President of India has reduced stake in Q2; Are you holding any?"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2816653638\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The President of India holds stakes in various companies. As per the reports available for September quarter (Q2FY24), the President of India publicly holds 78 stocks which are worth over Rs. 28, 44,107.6 Crores. Usually these stocks are held by the union government of India under the president&#8217;s name.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1026597833\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>These are stocks in which the President of India has reduced stake in Q2FY24. <\/p><h4 class=\"wp-block-heading\" id=\"h-rail-vikas-nigam-limited\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/RVNL\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Rail Vikas Nigam Limited<\/a>\u00a0<\/strong><\/h4><p>On November 16, 2023, the shares of Rail Vikas Nigam Limited closed at Rs. 158.65 down 1.18 percent from its previous day close price of Rs. 160.55 and its market capitalization is Rs. 33,037 Crores.&nbsp;<\/p><p><strong>The President of India\u2019s stake was reduced by 5.36 percent stake and Currently holds 72.84 percent stake consisting of 1,51,87,43,694 equity shares in Rail Vikas Nigam Limited.\u00a0<\/strong><\/p><div class=\"trade-content_5\" id=\"trade-3553449831\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The company\u2019s revenue grew 4.64 percent from Rs. 19,381.71 Crores in FY22 to Rs. 20,281.57 Crores in FY23, accompanied by increasing profits of Rs. 1,110.14 Crores to Rs. 1,420.55 Crores.&nbsp;<\/p><p>Rail Vikas Nigam Limited is a central public sector enterprise with a navratna status, it is engaged in the business of implementing various types of Rail infrastructure projects doubling, gauge conversion, new lines, railway electrification, major bridges etc.&nbsp;<\/p><h4 class=\"wp-block-heading\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/SJVN\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">SJVN Limited<\/a>\u00a0<\/strong><\/h4><p>On November 16, 2023, the shares of SJVN Limited closed at Rs. 75.25, down 0.46 percent from its previous day close price of Rs. 75.60 and its market capitalization is Rs. 29,540 Crores.&nbsp;<\/p><p><strong>The President of India\u2019s stake was reduced by 4.92 percent and currently holds a 55 percent stake consisting of 2,16,14,56,210 equity shares in SJVN Limited.\u00a0<\/strong><\/p><p>Its revenue grew 21.57 percent from Rs. 2,417 Crores in FY22 to Rs. 2,938.35 Crores in FY23, accompanied by increasing profits of Rs. 989.8 Crores to Rs. 1,359.3 Crores.&nbsp;<\/p><p>SJVN Limited is engaged in the business of generation, transmission and consultancy of renewable energy sources like hydro energy, wind energy and solar energy.&nbsp;<\/p><div class=\"trade-content-10\" id=\"trade-3978998094\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by: Bharath K.S<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>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.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-861398470\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The President of India holds stakes in various companies. As per the reports available for September quarter (Q2FY24), the President of India publicly holds 78 stocks which are worth over Rs. 28, 44,107.6 Crores. Usually these stocks are held by the union government of India under the president&#8217;s name.&nbsp; These are stocks in which the [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":65579,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[5109,5107,5106,5228,9579,948,936],"class_list":["post-113826","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-how-much-stock-does-president-of-india-have","tag-president-of-india-net-worth","tag-president-of-india-portfolio","tag-rvnl-share-price","tag-sjvn-share-price","tag-stock-market","tag-stock-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Mid cap stocks in which President of India has reduced stake in Q2; Are you holding any? - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The President of India holds stakes in various companies. As per the reports available for September quarter (Q2FY24), the President of India publicly holds 78 stocks which are worth over Rs. 28, 44,107.6 Crores. Usually these stocks are held by the union government of India under the president&#039;s name.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/mid-cap-stocks-in-which-president-of-india-has-reduced-stake-in-q2-are-you-holding-any\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mid cap stocks in which President of India has reduced stake in Q2; Are you holding any?\" \/>\n<meta property=\"og:description\" content=\"The President of India holds stakes in various companies. As per the reports available for September quarter (Q2FY24), the President of India publicly holds 78 stocks which are worth over Rs. 28, 44,107.6 Crores. 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