Watch out these top 5 stocks in which smart money is flowing

An institutional investor is an investor who invests money on behalf of others. Institutional investors include pension funds, mutual funds, insurance companies, hedge funds, and sovereign wealth funds. These institutional investors are further classified as Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) are two of the most important players in the Indian stock market. FIIs are investors from outside of India, while DIIs are investors from within India. Both FIIs and DIIs play a vital role in the Indian stock market, and their investment decisions can have a significant impact on stock prices.

In recent months, FIIs and DIIs have been increasing their stake in various stocks. This is likely due to a number of factors, including the strong growth of the Indian economy, the attractive valuations of many Indian stocks, and the government’s focus on reforms.

Here are some of the stocks in which FIIs and DIIs are increasing their stake in September 2023:

Sula Vineyards: Sula Vineyards Limited is India’s largest wine producer and seller as of March 31, 2022. In the last three years, the sales of the company grew at a CAGR of 8% and net profit grew by a CAGR of 158%.

SJS Enterprises: S J S Enterprises manufactures self-adhesive labels like automotive dials (automotive dashboard interior), overlays, exterior decals for two and four-wheelers, badges and logos for the automotive, and electronics, with the auto industry driving a major share of its revenues. In the last three years, the sales of the company grew at a CAGR of 11% and net profit grew by a CAGR of 12%.

PG Electroplast: PG Electroplast Limited is the flagship company of the PG Group and is one of the leading players in India in electronics manufacturing services. In the last three years on a standalone basis, the sales of the company grew at a CAGR of 28% and net profit grew by a CAGR of 141%. In the last three years, the shares of PG Electroplast grew at a CAGR of 159%.

Voltamp Transformers: The company is a leading manufacturer of electrical transformers in India. The company’s products are used in a variety of industries, including power, transmission, and distribution. In the last three years, the sales of the company grew at a CAGR of 17% and net profit grew by a CAGR of 31%. In the last one year, the shares of Voltamp Transformers have delivered about 66% return.

TD Power Systems: TD Power Systems is a leading manufacturer of solar power equipment in India. The company’s products are used in a variety of applications, including solar power plants, rooftop solar systems, and solar water heaters. In the last three years, the sales of the company grew at a CAGR of 19% and net profit grew by a CAGR of 71%. In the last one year, the shares of TD Power Systems have delivered about 89% return.

Conclusion:

FIIs and DIIs are increasing their stake in these stocks. This is likely due to a number of factors, including the strong growth of the Indian economy, the attractive valuations of many Indian stocks, and the government’s focus on reforms. Investors should keep these stocks in there watchlist.

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 internet and is subject to changes. Please consult an expert before making related decisions.