Introduction
In recent times, there has been a notable uptick in Foreign Institutional Investments (FIIs) in Indian stocks priced below Rs 500. This surge in FII interest reflects a strategic shift towards undervalued opportunities in the Indian equity market. Analysing the companies witnessing an increase in FII stake provides valuable insights into the potential growth prospects and investment attractiveness of these stocks.
Stocks below Rs 500 with Increased FII Stake
S.No. | Name | CMP (Rs) | Mar Cap (Rs crore) | P/E | Ind PE | Prom. Hold. % | Net Block (Rs crore) | Net Block 5Yrs Back (Rs crore) | Chg in FII Hold % | FII Hold % | YTD Returns (%) |
1 | Genus Power | 312.85 | 8064.49 | 97.53 | 72.85 | 42.66 | 188.06 | 166.69 | 14.38 | 16.88 | 15.89 |
2 | Krishival Foods | 273 | 608.66 | 64.34 | 36.43 | 37.19 | 16.97 | 17.24 | 11.55 | 11.55 | 38.24 |
3 | Texmaco Rail | 197.45 | 7569 | 90.96 | 34.55 | 50.16 | 373.18 | 344.34 | 7.27 | 9.57 | 5.5 |
4 | Paramount Comm. | 96.9 | 2709.46 | 38.79 | 39.82 | 49.59 | 155.71 | 130.33 | 6.53 | 7.04 | 15.78 |
5 | BCL Industries | 74.5 | 1999.27 | 23.75 | 25.74 | 56.92 | 556.63 | 136.42 | 4.22 | 5.88 | 17.92 |
Conclusion
In conclusion, the surge in FII investments in Indian stocks priced below Rs 500 underscores the attractiveness of undervalued opportunities in the equity market. Companies like Genus Power Infrastructures, Texmaco Rail & Engineering, Paramount Communications, Krishival Foods, and BCL Industries Limited have witnessed increased FII interest, signalling optimism about their growth prospects. As investors navigate the dynamic landscape of the Indian stock market, these companies present compelling avenues for capital appreciation and long-term wealth creation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the interne
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