Out of 129 stocks, 4 rose more than 100% in which FIIs raised stake in last 4 quarters

Out of 129 stocks, 4 rose more than 100% in which FIIs raised stake in last 4 quarters

As many as 33 stocks returned over 10% in the last one-year. These include stocks like Muthoot Finance, ICICI Lombard, PNC Infratech, Varun Beverages, Atul, JustDial, and Aarti Industries

Foreign institutional investors (FIIs), which have pulled out a little over Rs 14,000 crore from the cash segment of Indian equity markets so far in the current month, are still net buyers since July 2018.
FIIs which were mostly net sellers in 2018, turned tables in 2019 by pouring in more than Rs 40,000 crore in Indian markets largely on expectations of continuity of policy and a stable government at the center.
They have raised stake in nearly 130 companies consistently in the last 4 quarters, which could be seen as a sign of confidence. Out of 129 companies, in which FIIs raised stake listed on BSE, four more than doubled investors' wealth. These include names like Adani Power, Balrampur Chini, Dhampur Sugar, and P&G Health Ltd, data from AceEquity showed.
There are as many as 33 stocks which gave more than 10 percent return in the last one year, which include names like Muthoot Finance, ICICI Lombard, PNC Infratech, Varun Beverages, Atul Ltd, JustDial, Aarti Industries, etc. among others.


Comments

Popular posts from this blog

Technical picks- Top 15 stocks that experts are betting on for 14-70% returns in FY20

What is a Trading Plan?