FOREIGN INSTITUTIONAL INVESTORS
6 NIFTY 500 STOCKS FIIs RAISED HOLDINGS IN DURING Q2FY24
Published By MintGenie Team | 17 Oct, 2023
In the September quarter, FIIs increased their holdings in 130 stocks listed on the Nifty 500.
In Q2FY24, FII holdings increased by 5% to 41% in six stocks.
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Here's the list of six stocks which saw an increase in FII holdings in Q2FY24.
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Five-Star Business Finance
Five-Star Business Finance experienced a significant increase in FII holdings, reaching a record high of 50.2% in the September quarter.
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HDFC Bank
During the second quarter of FY24, FIIs raised their holdings in HDFC Bank from 33.4% in Q1 FY24 to 52.1%.
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GMM Pfaudler
During Q2FY24, GMM Pfaudler, an engineering firm, saw its foreign institutional investor holdings reach a record high of 26.5%.
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Patanjali Foods
FII raised it's holdings in Patanjali Foods to 10.6% in Q2FY24, a 7.6% increase on a QoQ basis.
Birlasoft
In Q2FY24, Birlasoft's FII holding reached a record high of 17.6%, up from 11.3% in Q1FY24.
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Amber Enterprises India
The FII shareholding in the company surged to 29.7% in Q2FY24 from 24.2% in Q1FY24.
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