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 |
- Genus Power Infrastructures Limited: Leveraging Diverse Business Segments
Genus Power Infrastructures Limited, a constituent of the Kailash Group, has garnered attention with its diverse business segments. Engaged in manufacturing metering solutions and undertaking engineering contracts, Genus Power presents a compelling investment proposition. Despite its current stock price of Rs 312.85, FIIs have recognised its growth potential, increasing their stake by 14.38% to 16.88%.
- Texmaco Rail & Engineering Ltd: Pioneering Infrastructure Development
Texmaco Rail & Engineering Ltd, a key player in the engineering infrastructure sector, is part of the esteemed Adventz Group. With a focus on manufacturing rolling stock and construction of rail infrastructure, Texmaco Rail is positioned for significant growth. Despite its stock trading at Rs 197.45, FIIs have shown confidence in its prospects, increasing their stake by 7.27% to 9.57%.
- Paramount Communications Ltd: Driving Innovation in Manufacturing
Paramount Communications Ltd, specializing in the manufacturing of wires and cables, has witnessed an uptick in FII interest. With a stock price of Rs 96.90, Paramount Communications is an attractive proposition for investors seeking exposure to the manufacturing sector. FIIs have bolstered their stake by 6.53% to 7.04%, indicating optimism about its future performance.
- Krishival Foods: Navigating the Agro-processing Landscape
Krishival Foods, operating under the brand name “Krishival Cashews,” has emerged as a leading player in the cashew processing industry. Despite its stock being priced at Rs 273, FIIs have increased their stake, signalling confidence in its ability to navigate the agro-processing landscape and deliver sustainable growth.
- BCL Industries Limited: Spearheading Agro-processing Innovation
BCL Industries Limited, a stalwart in the agro-processing sector, boasts a diverse portfolio encompassing edible oils, rice milling, and distillery operations. With a stock price of Rs 74.50, BCL Industries presents an attractive investment opportunity. FIIs have augmented their stake, recognizing its potential for growth and innovation in the agro-processing industry.
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
