Top 10 Stocks where FIIs Have Increased Stake in Q1 FY23
The result season ‘Q1 FY2022-23’ has just come to end.
Keeping the quarterly numbers in mind, one can say that Indian companies have put up a good show even though there was a pressure of higher inflation, higher commodity prices, and Russia-Ukraine war.
While flipping through numbers I have found out companies where fii holding increase since last 5 quarters.
I am presenting here 10 such companies where FIIs (Foreign Institutional Investors) have more than 10% of stake and still they are building even bigger.
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Continue reading…
Elgi Equipments Limited
Profile: Elgi Equipments is in the business of manufacturing and supplying Air Compressors & Automotive Equipments.
FIIs Stake:
22.95% (March 21),
23.02% (June 21),
23.82% (Sept 21),
24.89% (Dec 21),
26.24% (March 22),
27.00% (June 22)
Gujarat Narmada Valley Fertilizers & Chemicals Limited
Profile: Gujarat Narmada Valley Fertilizers & Chemicals (GNFC) is into the manufacturing and marketing of fertilizers, pesticides, industrial chemicals and also has an IT products division.
FIIs Stake:
8.55% (Dec 20)
10.04% (March 21),
11.68% (June 21),
13.75% (Sept 21),
17.27% (Dec 21),
22.39% (March 22),
22.64% (June 22)
Saregama India Limited
Profile: Saregama is the oldest music label company from India (started in 1902, earlier known as “Gramophone Company of India” & then “HMV”)
FIIs Stake:
4.39% (Dec 20)
6.94% (March 21)
7.36% (June 21)
9.52% (Sept 21)
16.55% (Dec 21)
17.09% (March 22)
17.30% (June 22)
Triveni Turbine Limited
Profile: Triveni Turbine is predominantly engaged in business of manufacture and supply of power generating equipment and solutions.
FIIs Stake:
12.38% (Dec 20)
13.10% (March 21)
14.39% (June 21)
14.50% (Sept 21)
16.11% (Dec 21)
16.40% (March 22)
16.97% (June 22)
Electrosteel Castings Limited
Profile: Electrosteel Castings is engaged in the business of manufacturing Ductile Iron (DI) Pipes, Ductile Iron Fittings (DIF), Cast Iron (CI) Pipes and produces and supplies Pig Iron.
FIIs Stake:
9.63% (March 21)
10.71% (June 21)
11.22% (Sept 21)
11.34% (Dec 21)
16.36% (March 22)
16.69% (June 22)
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SIS Limited
Profile: Security & Intelligence Services (SIS) is directly and indirectly engaged in rendering security and related services.
FIIs Stake:
11.45% (March 21)
11.48% (June 21)
12.00% (Sept 21)
15.12% (Dec 21)
15.42% (March 22)
15.97% (June 22)
Poly Medicure Limited
Profile: Poly Medicure is an India-based manufacturer and exporter of medical devices.
FIIs Stake:
3.75% (Dec 20)
12.61% (March 21)
12.82% (June 21)
13.68% (Sept 21)
14.13% (Dec 21)
15.07% (March 22)
15.59% (June 22)
Chambal Fertilisers & Chemicals Limited
Profile: Chambal Fertilisers & Chemicals is engaged in production of Urea from its own manufacturing plants.
FIIs Stake:
6.65% (Dec 20)
7.05% (March 21)
8.42% (June 21)
11.40% (Sept 21)
12.12% (Dec 21)
13.41% (March 22)
13.45% (June 22)
Oil India Limited
Profile: Oil India is engaged in exploration, development and production of crude oil and natural gas, transportation of crude oil and production of LPG.
FIIs Stake:
6.75% (Dec 20)
7.62% (March 21)
8.53% (June 21)
9.96% (Sept 21)
10.11% (Dec 21)
11.23% (March 22)
12.42% (June 22)
VIP Industries Limited
Profile: VIP Industries is engaged in the business of manufacturing and marketing of luggage, bags and accessories.
FIIs Stake:
2.97% (March 21)
2.98% (June 21)
4.39% (Sept 21)
5.84% (Dec 21)
8.63% (March 22)
8.84% (June 22)
Since last couple of weeks, FIIs have been buying Indian shares to some extent. Any sudden increase or decrease stakes from FIIs have sent stocks on a ride.
Hope the above listed data help you in making better investment decision.
Happy Investing…
Disclaimer: The contents and data presented here are just for your information & personal use only. While much effort is made to provide the information, I ( Vishal Dalwadi ) or “Fin Blab” do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.