Introduction:
Foreign Institutional Investors (FIIs) are global entities that invest in a country’s financial markets to capitalise on its growth potential. They drive significant capital inflow, strengthening market liquidity and valuation.
During Q2, FIIs notably increased their stakes in key companies across high-growth industries. Below are three companies where FIIs increased significant stakes worth noting for their growth potential.
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Eraaya Lifespaces Ltd:
On January 3, Eraaya Lifespaces Ltd (BSE: ERAAYA) opened at ₹104.55, down by 5% from its previous close of ₹110.05. The stock is currently trading at ₹104.55. The company’s market capitalisation is ₹1,979.07 crore.
FIIs increased their stake in Eraaya Lifespaces Ltd from 26.11% to 28.15% in Q2, adding 524,093 shares. The company focuses on real estate development, delivering residential and commercial projects with innovative designs and timely execution.
Incorporated in 2010, Eraaya Lifespaces Ltd specialises in real estate development and urban infrastructure. The company focuses on delivering residential and commercial projects. Its innovative designs and timely execution ensure customer satisfaction.
Sampre Nutritions Ltd:
On January 3, Sampre Nutritions Ltd (BSE: SAMPRE) opened at ₹64.80, reached a low of ₹61.56 down by 4.49% from its previous close of ₹64.80. The stock is currently trading at ₹61.89. The company’s market capitalisation is ₹111.17 crore.
FIIs raised their stake in Sampre Nutritions Ltd from 0.33% to 50.06% in Q2, acquiring 8,961,711 shares. The company manufactures high-quality confectionery products, serving domestic and export markets with a focus on health and innovation.
Established in 1991, Sampre Nutritions Ltd manufactures confectionery products, including toffees and chocolates. It serves both domestic and export markets with high-quality offerings. The company emphasises innovation and health-focused treats.
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Hi-Tech Pipes Ltd:
On January 3, Hi-Tech Pipes Ltd (BSE: HITECH) opened at ₹158.15, up by 1.52% from its previous close of ₹157.50. The stock is currently trading at ₹159.90. The company’s market capitalisation is ₹3,247.69 crore.
FIIs increased their stake in Hi-Tech Pipes Ltd from 19.36% to 30.20% in Q2, acquiring 27,249,581 shares. The company produces steel pipes and tubes for industries like construction and infrastructure, emphasising quality and sustainability.
Founded in 1985, Hi-Tech Pipes Ltd produces steel pipes and tubes for diverse industries, including construction and infrastructure. It operates with a strong focus on quality and sustainability. The company has a robust distribution network across India.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.