FII Investment: Find out which stocks foreign institutional investors are increasing their stake in. These stocks are available for purchase below ₹35
Bajaj Hindustan Sugar Ltd
Foreign Institutional Investors (FIIs) have increased their stake in this prominent sugar and ethanol company from 2.63% to 4.32%. The company has a market capitalization of ₹4,384 crore and a Price-to-Earnings (PE) ratio of 139.71. Over the last five years, the stock has delivered impressive returns exceeding 400%. Domestic Institutional Investors (DIIs) also show confidence, holding a 7.99% stake. As of the latest update, the stock was trading at ₹33.67.
Shrestha Finvest Ltd
This microcap penny stock has garnered interest from FIIs, who now hold a 0.53% stake (86,69,122 shares). Priced at just ₹0.63, the stock's affordability and increasing foreign interest make it a compelling choice for investors. It has recently hit the upper circuit, reflecting heightened demand.
Preetika Auto Industries Ltd
A manufacturer of automotive parts and engineering materials, this company has seen FII ownership rise from 4.07% to 7.27% in Q2 FY25. With a market capitalization of ₹406 crore, the stock has traded within a range of ₹22.89 to ₹53.50 over the past year. At the time of writing, it was priced at ₹26.44.
Sweet Foods Ltd
Founded in 1981, this company excels in producing rice, wheat, and other grains. FIIs have increased their stake from 2.79% to 5.63%. The company operates debt-free with a market cap of ₹1,519 crore. Its stock price stood at ₹14.09 at the latest check.
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Key Takeaway
These low-priced stocks indicate growing interest from foreign investors, suggesting potential for future growth. However, thorough research on financial stability and market dynamics is essential before investing.
Disclaimer: This information is intended solely for educational purposes. Investing in the stock market carries inherent risks. Always consult a financial advisor before making investment decisions. This does not constitute investment advice or stock recommendations.