7 months ago
FIIs Increase Stakes in Three Indian Stocks
Foreign investors, called FIIs, have been selling stocks in India overall.
But in the last quarter, they bought a lot more of three specific companies.
First, IDFC First Bank, which offers many banking services, saw FIIs increase their ownership by 12.12%.
The bank has been growing fast, with more deposits and loans, and its profits are up.
Second, Artemis Medicare, a big hospital, had FIIs increase their stake by 12.1%.
They're expanding with more beds and new hospitals.
Third, Knowledge Marine & Engineering Works, which builds ships and marine stuff, saw a 10.26% increase.
They won big contracts, including one for green tugs, which are environmentally friendly boats.
FIIs seem to like these companies because they have good future plans and steady income.
FIIs increased stakes in IDFC First Bank by 12.12%, Artemis Medicare by 12.1%, and Knowledge Marine & Engineering Works by 10.26% in Q3FY26.
IDFC First Bank saw a 23.4% YoY increase in deposits and a 19.7% YoY increase in loans, with net profit growing by 64% YoY.
Artemis Medicare is expanding with plans to add 850-1,000 beds and new hospitals, with sales growing by 15% YoY and net profit by 32.8% YoY.
Knowledge Marine & Engineering Works won a ₹652.6 crore green tug contract and other major contracts, with sales and net profit slightly down but future prospects looking strong.
FIIs appear to be focusing on long-term revenue visibility and growth prospects rather than just current business numbers.
- Who
- Foreign Institutional Investors (FIIs)
- What
- Increased stakes in IDFC First Bank, Artemis Medicare, and Knowledge Marine & Engineering Works
- Where
- Indian equity market
- When
- During the October-December quarter (Q3FY26)
- Why
- Strong order book, revenue visibility, and future growth prospects
Key facts
- IDFC First Bank
- FIIs increased stake by 12.12%
- Artemis Medicare
- FIIs increased stake by 12.1%
- Knowledge Marine & Engineering Works
- FIIs increased stake by 10.26%
- IDFC First Bank Deposits
- ₹2,69,094 crore (Q2FY26)
- IDFC First Bank Loans
- ₹2,66,579 crore (Q2FY26)
- Artemis Medicare Sales
- ₹270 crore (Q2FY26)
- Artemis Medicare Net Profit
- ₹30 crore (Q2FY26)
- KMEWL Sales
- ₹50 crore (Q2FY26)
- KMEWL Net Profit
- ₹12 crore (Q2FY26)
- KMEWL Green Tug Contract
- ₹652.6 crore
Quotes
Saurabh Mukherjea
Founder of Marcellus Investment Managers
“FPIs have been uneasy for the last two years because earnings growth has been modest. Over a long period, India's earnings growth in dollar terms has been limited while the market is trading at around 20 times one-year forward earnings.”
rediff.com
“There is no sign of earnings momentum this quarter either. On top of that, currency depreciation has added to their concerns.”
rediff.com
U R Bhat
Cofounder, Alphaniti Fintech
“There is a view that the AI trade may be a bubble, and that capital could eventually rotate into Indian information technology services companies.”
rediff.com
“But the dominant factor behind FPI selling is heightened uncertainty arising from policy signals and statements by Donald Trump, which tend to unsettle markets.”
rediff.com
