New Delhi. Foreign institutional investors (FIIs) have been selling Indian equities for nearly two months. After selling for 38 sessions, FPIs were net buyers of Indian shares on September 25. Foreign investors also bought shares yesterday i.e. on November 26. FPIs have significantly increased their stake in some companies in the last one year. Companies in which FPIs have increased their stake include Areya Lifespaces Limited, SpiceJet, Kaffin Technologies, and Suzlon Energy.
FII stake in auto ancillary sector company Areya Lifespaces has increased from 0% in one year to 24.21% by September 2024. Areya Lifespaces has given a staggering return of 2,514% to investors in one year. FII'sI stake in two leading renewable energy sector companies Suzlon Energy and Inox Wind has increased by 12.84% and 12.34% respectively in one year. Suzlon has given a return of 63% and Inox Wind has given a return of 160%.
A lot of money was also invested in these shares.
FII share in Genus Power share has increased by about 3% to 22.49%. Genus Power share has given a 90% return in one year. Today this share is trading at Rs 449.25. FII share in Computer Age Management Services Limited (CAMS) increased by 17.92% to 56.53%. The company has given a return of 72% in one year due to its strong position in mutual fund services.
FII's stake in CMS Info Systems, a company dealing in IT services, increased by 16.22% to 39.98% in the September quarter. The company has given a 23% return to investors in one year. FII's stake in Kaffin Technologies has increased by 15.35% to 24.57% in one year. The company has given a 121% multi-bagger return in one year.The sharee increased in these too.
FII share in SpiceJet increased by 22.58% to 22.87% in a year. Due to operational improvements, the company gave a return of 35% in one year. FII share in Strides Pharma increased by 12.87% to 30.08%. This pharma stock has given a return of 187% in one year. FII share in Aditya Vision also increased by 12.30% in one year. This stock has given a return of 62% in one year.
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