Are you ready to explore the world of high FII holdings of top stocks under Rs 200? Prepare for a thorough examination of this active industry niche.
As we walk through a carefully picked selection, we will cover the attraction and strategic insights behind these stocks. Discover the hidden jewels that might determine the future of your portfolio.
Top Stocks Under Rs 200 with High FII Holding
Let’s explore deeper into the company’s profile and look at its primary operations to have a better idea of its operating environment.
Beyond the surface, we will conduct a deep examination of the company’s sales and earnings. We want to find the elements driving its financial performance by studying financial measures.
Petronet LNG, founded in 1998 by major oil and gas PSUs like as ONGC, IOCL, GAIL, and BPCL, stands tall in the LNG market, meeting 40% of India’s gas demand. Notably, it pioneered South East Asia’s first LNG Receiving and Regasification Terminal at Dahej, Gujarat, with an initial capacity of 5 MMTPA that has now been increased to an astonishing 17.5 MMTPA.
This port, a model of efficiency, recently handled its 3000th LNG cargo while also offering tolling services and supplying LNG to smaller clients via cryogenic vehicles. It secures its position as the country’s largest LNG storage and regasification plant with ambitious development plans to reach 22.5 MMTPA.
In the financial sector, Petronet LNG reported significant revenue growth, increasing from Rs. 43,466 Cr in FY22 to Rs. 60,422 Cr in FY23. However, net earnings fell somewhat due to an increase in material prices. Despite this, it has a strong FII holding of 33.31%, with prominent companies such as T. Rowe Price and the Singapore Government contributing to its ownership.
Petronet LNG emerges as an intriguing competitor in the volatile stock market, presenting possibilities for investors looking for top stocks under Rs 200.
Also Read : Best Dividend Stock Under 100 Rs
Manappuram Finance, located in the seaside haven of Valapad, Kerala, has evolved into India’s foremost gold loan NBFC. The firm, founded by V.C. Padmanabhan and gently directed by his son Nandakumar, who inherited the job of MD & CEO, has grown into a powerful force with 5000 branches in 28 states. Sequoia Capital’s investment of Rs. 70 crore in 2007 was a watershed event, catalyzing following growth.
Manappuram revolutionised gold appraisal using a clever combination of technology and traditional skills, ushering in a new era of efficiency. Their Online Gold Loans, established in 2015, changed the lending sector by providing consumers across the world with 24-hour access to cash.
Manappuram has expanded its lending portfolio beyond its gold-centric beginnings to include microfinance, automobile and home loans, and SME lending. Notably, Commercial Vehicle and Housing Finance currently have an AUM of Rs. 3.55 Lakh Cr.
Manappuram reported a spectacular 10% increase in Interest Income to Rs. 6440 Cr in FY23, as well as a 13% increase in Net Profits from Rs. 1329 Cr in FY22 to Rs. 1500 Cr in FY23. Manappuram Finance is a tempting competitor for those looking for Top stocks under Rs 200, combining a rich past with exciting future.
Manappuram is heavily backed by foreign investors, who hold 27.08% of the company. BoFa Securities Europe and BNP Paribas, in particular, own 2.95% and 2.82% of it, respectively. This demonstrates that overseas investors have faith in the firm.
Federal Bank, founded in Kerala in 1931 as Travancore Federal Bank Ltd, has evolved into a dynamic private sector commercial bank under the leadership of CEO Kulangara Paylo Hormis. Since its inception in 1959 and attainment of scheduled commercial bank status in 1970, the bank has made targeted acquisitions in the Kerala area to strengthen its position.
As of FY23, Federal Bank served 1.6 million clients through a network of 1355 branches, with deposits totaling Rs. 2.13 lakh crore and advances totaling Rs. 1.74 lakh crore. It has become into a powerful powerhouse in Personal, NRI, and Business Banking.
The bank is financially sound, with a CASA Ratio of 32.74% and Current Deposits of Rs. 14,189 Cr and Savings Deposits of Rs. 55,452 Cr. The bank’s exceptional financial performance in FY23 is noteworthy, with Net Interest Income at Rs. 7232 Cr (up 27.06%) and Net Profit at Rs. 3011 Cr (up 59.31%). NII and Net Profit have increased at CAGRs of 14.72% and 24.73% during the last five years, respectively.
Foreign institutional shareholders have shown interest in Federal Bank, and as of September 2023, they held 29.42% of the bank. Both the IFC Emerging Asia Fund and the IFC Financial Institutional Fund have 1.75% holdings. Federal Bank stands out as an investment opportunity, making it an appealing alternative for individuals looking for top stocks under Rs 200.
All of the aforesaid stocks emerge as strong candidates among the top stocks under Rs 200 in the changing investing environment. Its strong financial performance, strategic acquisitions, and international institutional interest make it an appealing investment option.
Consider all above stocks growth trajectory and stability as you navigate the market. Don’t pass up prospective opportunities—explore the options and dig into the world of Top stocks under Rs 200, led by Federal Bank. Take the next step right now.
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