Do you own any PSU equities where FIIs boosted their holdings by as much as 2.9% in Q2?
The majority of investors like PSU stocks because of their safety, high dividends, potential for value growth, and government support, which appeals to conservative and income-focused investors.
In addition to their excellent financials, sound future plans, minimal debt, and many other characteristics that make them durable during economic downturns, they frequently control important industries like defense, energy, finance, infrastructure, and others, providing the private sector with fierce competition.
When foreign institutional investors (FIIs) increase their ownership in a firm, it suggests that the company’s performance, management, and prospects are improving. This raises expectations for future growth and improvements to the company.
Some Public Sector Undertakings (PSUs) that Foreign Institutional Investors have grown their holding position in in Q2FY25 are listed below.
PNB
In order to serve a wide range of customers, Punjab National Bank provides banking services, government business, mutual funds, wealth management services, merchant banking, agency business insurance, and many more services.
The shares of Punjab National Bank Limited, which has a market value of Rs. 1,18,664 crores, finished at Rs. 103.25 per equity share, up 0.78 percent from the final price of Rs. 102.45 the day before.
The FII/FPI bought an extra 2.91 percent interest in Punjab National Bank Limited in Q2FY25, increasing their holding from 5.51 percent in Q1FY25 to 8.42 percent in Q2FY25.
With earnings of Rs. 1,210.82 Crores to Rs. 3,716.17 Crores, its Net Interest Income increased by 10.4% from Rs. 9,608.47 Crores in Q1FY24 to Rs. 10,608 Crores in Q1FY25.
RVNL
Implementing many kinds of rail infrastructure projects, such as doubling, gauge conversion, new lines, railway electrification, important bridges, etc., is the responsibility of Rail Vikas Nigam Limited, a central public sector company having Navratna status.The shares of Rail Vikas Nigam Limited, which has a market value of Rs. 99,497 crores, finished at Rs. 477.20 per equity share, which is 2.46 percent less than the close price of Rs. 489.25 the day before.
By acquiring an extra 1.92 percent investment in Rail Vikas Nigam Bank Limited in Q2FY25, the FII/FPI raised their ownership from 3.13 percent in Q1FY25 to 5.05 percent in Q2FY25.
With earnings of Rs. 343.09 Crores to Rs. 223.92 Crores, its operating income fell by 26.88 percent from Rs. 5,571.57 Crores in Q1FY24 to Rs. 4,073.8 Crores in Q1FY25.
NALCO
The Ministry of Mines oversees the National Aluminium Company Limited (NALCO), a navratna central public sector business. Alumina, aluminum, and other associated products are mined, manufactured, and sold at this one of India’s largest integrated Bauxite Alumina Aluminium Power Complexes.
National Aluminium Company Limited’s shares finished at Rs. 232 per equity share, up 3% from the previous day’s close price of Rs. 225.10, and had a market value of Rs. 42,610 Crores.
By acquiring an extra 1.65 percent share in National Aluminium Company Limited in Q2FY25, the FII/FPI raised their ownership from 10.43 percent in Q1FY25 to 12.08 percent in Q2FY25.
From Rs. 3,178.36 Crores in Q1FY24 to Rs. 2,856.1 Crores in Q1FY25, its operating income fell by 10.14%, but its profits increased from Rs. 333.76 Crores to Rs. 588.42 Crores.
Gail India
The top natural gas corporation in India, Gail (India) Limited is a Maharatna Central Public Sector Enterprise with a wide range of operations in the natural gas value chain, including trading, transmission, LNG re-gasification, LPG production and transmission, petrochemicals, and many more.
Gail India Limited’s stock finished at Rs. 221.45 per equity share, down 0.16 percent from the previous day’s close price of Rs. 221.80, with a market value of Rs. 1,45,606 crores.
By acquiring an extra 1.59 percent interest in Gail India Limited in Q2FY25, the FII/FPI raised their ownership from 15.20 percent in Q1FY25 to 16.79 percent in Q2FY25.
With earnings of Rs. 1,792.99 Crores to Rs. 3,183.35 Crores, its operating revenue increased by 6% from Rs. 32,848 Crores in Q1FY24 to Rs. 34,821 Crores in Q1FY25.
HP
In addition to producing hydrocarbons and refining crude oil and marketing petroleum products, Hindustan Petroleum Corporation Limited also manages exploration and production blocks, operates liquified natural gas, and performs several other activities.
Hindustan Petroleum Limited’s stock finished at Rs. 431.40 per equity share, down 0.46 percent from the previous day’s close price of Rs. 433.40, with a market value of Rs. 91,794 Crores.
By acquiring an extra 0.89 percent share in Hindustan Petroleum Corporation Limited in Q2FY25, the FII/FPI raised their ownership from 13.22 percent in Q1FY25 to 14.11 percent in Q2FY25.
Disclaimer: The above article is for educational and news purposes, this is not a buying or selling recommendation. TraderPulse recommends that users to check with certified experts before making any investment decisions.
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