Tata Group was founded in the year 1868 by Jamsetji Tata. One of India’s largest conglomerates, this company is owned by Tata Sons.
The second biggest business house in India with the highest number of companies listed on the stock exchange.
Tata group stocks in which DIIs increased their stake; Do you hold any?
This group boasts of several industry-leading companies like TCS, Tata Motors, Tata Steel, Tata Consumers, etc. This company has been run and managed by leaders and visionaries.
To name a few, This company boasts leaders like Jamsetji Tata, JRD Tata, and Ratan Tata. One of the most socially conscious and responsible groups in the Indian business ecosystem.
Domestic Institutional Investors (DIIs) are institutional investors that invest in the financial instruments and securities of a country where they reside. DIIs include organizations such as banks, insurance companies, mutual fund houses, and local pension and provident funds.
Listed below are the stocks of Tata Group in which DIIs have increased their stake during Q3FY24:
Titan Company Ltd :
With a market capitalization of Rs. 3,34,713 crores, the shares of Indian consumer goods started Thursday’s trading session on a flatter note at Rs. 3,770. During the day, the shares hit a high of Rs. 3,796.95, gaining around 1 percent and closing the day at Rs. 3,770 apiece.
Domestic Institutional Investors have increased their stake by 0.38 percent from 9.87 percent during the September quarter to 10.25 percent in the December quarter.
According to the latest shareholding pattern, Promoters have a 52.90 percent stake in the company, while FIIs hold 18.89 percent of the company’s shares during the same period.
Looking at the company’s financial statement, the revenue increased by 6 percent from Rs. 11,897 crores during the June quarter to Rs. 12,529 crores in the September quarter. In addition, the net profit of the company zoomed by 22 percent from Rs. 756 crores to Rs. 916 crores during the same period.
Tata Elxsi Ltd
With a market capitalization of Rs. 47,705 crores, the shares of IT company started Thursday’s trading session on a lower note at Rs. 7,952 compared to its previous close of Rs. 7,768.45.
The shares hit a low of Rs. 7,640, making a loss of around 2 percent and closing the day at Rs. 7,667 apiece.
Domestic Institutional Investors have increased their stake by 0.91 percent from 4.80 percent during the September quarter to 5.71 percent in the December quarter.
According to the latest shareholding pattern, Promoters have a 43.92 percent stake in the company, while FIIs hold 15.02 percent of the company’s shares during the same period.
Looking at the company’s financial statement, the revenue increased by 4 percent from Rs. 850 crores during the June quarter to Rs. 882 crores in the September quarter. In addition, the net profit of the company improved by 5 percent from Rs. 189 crores to Rs. 200 crores during the same period.
Oriental Hotels Ltd
With a market capitalization of Rs. 2,174 crores, the shares of the hotel managing company started Thursday’s trading session on a higher note at Rs. 121.40 compared to its previous close of Rs. 120. The shares hit a low of Rs. 119.90, making a loss of around 1 percent and closing the day at Rs. 121 apiece.
Domestic Institutional Investors have increased their stake by 1.14 percent from 0.78 percent during the September quarter to 1.92 percent in the December quarter.
According to the latest shareholding pattern, Promoters have a 67.56 percent stake in the company, while FIIs hold 0.69 percent of the company’s shares during the same period.
Looking at the company’s financial statement, the revenue zoomed by 13 percent from Rs. 91 crores during the September quarter to Rs. 102 crores in the December quarter. In addition, the net profit of the company magnified by 375 percent from Rs. 4 crores to Rs. 19 crores during the same period.
FAQs (Frequently Asked Questions)
What are the key factors driving DIIs to increase their stake in Tata group stocks?
DIIs are drawn to Tata group stocks due to their robust fundamentals, proven track record, and strategic positioning across various sectors. Additionally, the growth potential offered by these stocks amidst evolving market trends adds to their appeal.
Are Tata group stocks in which DIIs increased their stake suitable for long-term investment?
While past performance and DII interest serve as promising indicators, it’s crucial to conduct thorough research and consider your investment goals before committing to any stock for the long term.
Evaluate factors such as industry trends, competitive positioning, and financial health to make informed decisions.
How can individual investors capitalize on the increasing DII interest in Tata group stocks?
Individual investors can capitalize on this trend by conducting comprehensive due diligence, staying abreast of market developments, and leveraging investment tools and strategies
. Diversifying your portfolio with select Tata group stocks aligned with your risk tolerance and investment objectives can potentially yield favorable returns over time.
What risks should investors be aware of when considering Tata group stocks?
Like any investment, Tata group stocks carry inherent risks, including market volatility, regulatory changes, and industry-specific challenges.
It’s essential for investors to assess these risks diligently, diversify their portfolios, and adopt a long-term perspective to mitigate potential downsides.
How can investors stay updated on DII activity and market trends related to Tata group stocks?
Investors can stay updated by regularly monitoring financial news outlets, accessing reputable market research reports, and leveraging online platforms offering real-time market data and analysis.
Additionally, maintaining a network of trusted financial advisors and peers can provide valuable insights and perspectives on investment opportunities.
What role does fundamental analysis play in evaluating Tata group stocks for investment purposes?
Fundamental analysis serves as a cornerstone of investment evaluation, allowing investors to assess the intrinsic value of stocks based on factors such as earnings potential, growth prospects, and competitive positioning.
By scrutinizing key financial metrics and industry dynamics, investors can make informed decisions aligned with their investment objectives.
Conclusion: Seizing Opportunities in the Dynamic Landscape of Tata Group Stocks
In conclusion, the surge in DII interest in Tata group stocks underscores the enduring appeal and growth potential of these market stalwarts.
By staying informed, conducting thorough research, and aligning investment decisions with long-term goals, investors can navigate the evolving landscape with confidence and seize opportunities for wealth creation.
