Introduction:
The Government of Singapore maintains a diverse and substantial investment portfolio, publicly holding 66 stocks valued at over Rs. 220,927.7 Cr. This extensive portfolio spans various sectors, reflecting its strategic approach to global investment and economic influence.
IndusInd Bank Ltd
On January 17, 2025, IndusInd Bank Ltd opened at ₹972.85, down 0.25% from its previous close of ₹975.35. The stock reached an intraday high of ₹975.60 and low of ₹959.00, closing at ₹972.90, with a market cap of ₹75793.94 crore.
The Government of Singapore has taken a fresh stake in IndusInd Bank, holding 1.3% with a value of ₹894.6 Cr. This investment marks the bank as a significant entity within the financial sector, reflecting confidence in its growth and stability.
IndusInd Bank Ltd is a Mumbai-based Indian new generation bank, established in 1994, that offers commercial, transactional, and electronic banking products and services. IndusInd Bank is part of the Hinduja Group and serves both corporate and retail customers.
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Petronet LNG Ltd
On January 17, 2025, Petronet LNG Ltd opened at ₹329.15, down 1.26% from its previous close of ₹329.00. The stock reached an intraday high of ₹332.40 and low of ₹322.80, closing at ₹324.85, with a market cap of ₹48727.50 crore.
Petronet LNG, a major player in India’s energy sector, has seen the Government of Singapore acquire a new 1.3% stake, valued at ₹632.3 Cr. This investment underscores Petronet’s strategic importance in natural gas processing and distribution.
Petronet LNG Ltd is one of India’s leading companies in the natural gas sector. Established in 1998, it operates the country’s first LNG receiving and regasification terminal at Dahej, Gujarat, and another at Kochi, Kerala, specializing in the import and regasification of LNG.
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Endurance Technologies Ltd
On January 17, 2025, Endurance Technologies Ltd opened at ₹2099.95, up 2.60% from its previous close of ₹2074.15. The stock reached an intraday high of ₹2147.60 and low of ₹2074.20, closing at ₹2180.00, with a market cap of ₹29933.05 crore.
Endurance Technologies, known for its automotive components, attracted a 2.7% investment from the Government of Singapore, amounting to ₹786.7 Cr. This stake acquisition highlights the company’s robust position in the auto ancillary market and its potential for growth.
Endurance Technologies Ltd is an Indian multinational company that manufactures aluminum die-casting products, suspensions, transmission, and braking systems. Founded in 1985, it caters to the automotive sector, supplying to major two-wheeler, three-wheeler, and four-wheeler manufacturers globally.
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.
