India is one of the emerging markets for investment. Foreign investors love to invest in emerging markets for higher return expectations.
So as they see a good opportunity to invest in the Indian market they continue doing that for the last few years.
Today we going to know about 3 stocks where FII’s currently enter & taking a good stake in these companies.
Here are the Top 3 Stocks Where FII’s Invest For The First Time
1. Standard Industries Ltd
Standard Industries Ltd. was founded in 1892 and engages in property division as well as dealing in textiles and chemicals.
Satin Limited took a 38.87% holding in this company this quarter (Q3FY23).
2. Kalyan Jewellers India Ltd
A variety of gold, studded, and other jewellery products are designed, manufactured, and sold by Kalyan Jewellers India Ltd. at different price points. Based on revenue as of FY20, it is among the biggest jewellers in India. The company was started by T.S. Kalyanaraman, who is currently its Chairman, MD, and Promoter.
Highdell Investment Ltd. took a 26.36% holding in this company this quarter (Q3FY23).
3. SG Finserve Ltd
Moongipa Securities Ltd. was founded in 1994 and specialises in investment activities, investment research, investment banking, and wealth management.
Kitara PIIN 1103 took a 5.09% & Sixteenth Street Asian Gems Fund took a 4% holding in this company this quarter (Q3FY23).
Super Investor Mukul Agrawal took 2.09% holding last quarter (Q2FY23) in this stock.
Recently Mukul Agrawal invest in a stock you must know about it.
Check out our article “Mukul Agrawal and Ashish Kacholia invest in this multibagger stock. Do you know?” to know about it.
You can also check out “Stocks Where FII’s Increase Holding“.