4 PSU Railway stocks that Foreign Institutional Investors (FIIs) increased their stake in during the third quarter, worth monitoring
4 PSU Railway stocks: As we approach the Railway Budget for 2025-26, the spotlight is on railway Public Sector Undertaking (PSU) stocks, which have garnered increased attention and witnessed a surge in Foreign Institutional Investor (FII) participation during Q3 FY25.
With expectations of a significant increase in capital expenditure, projected to rise by 15-20%, the Indian government’s dedication to improving railway infrastructure has created a favorable investment climate.
Here are some railway PSU stocks that have seen a rise in FII stake in the third quarter of FY25:
1. Rail Vikas Nigam Limited
With a market capitalization of Rs. 85,496.2 crores, the stock rose by almost 1.2% on BSE to Rs. 423.2 on Friday.
In Q3 FY25, FIIs increased their stake by 0.05% to a 5.1% stake from 5.05% in Q2 FY25.
The company reported a slight decline of approximately 0.8% YoY in its revenue from operations to Rs. 4,869 crores in Q2 FY25. Similarly, the net profit decreased by nearly 18% YoY to Rs. 303 crores during the same period.
Over the past year, the stock has delivered positive returns of nearly %, as well as around % returns in the last month.
2. Rites Limited
Rites Limited, with a market capitalization of Rs. 12,483 crores, saw its stock price increase by almost 1.2 percent on the BSE to Rs. 267.85 on Friday.
During Q3 FY25, Foreign Institutional Investors (FIIs) increased their stake in the company by 0.14 percent, bringing it to 3.34 percent from 3.2 percent in Q2 FY25.
The company experienced a slight decline of approximately 7 percent year-over-year in its revenue from operations, totaling Rs. 541 crores in Q2 FY25. Similarly, the net profit decreased by nearly 25.5 percent year-over-year to Rs. 82 crores during the same period.
Over the past year, the stock has delivered positive returns of nearly percent, as well as around percent returns in the last month.
3. Railtel Corporation of India Limited
Railtel Corporation of India Limited, with a market capitalization of Rs. 12,340 crores, saw its stock price increase by almost 1 percent on the BSE to Rs. 395.2 on Friday.
During Q3 FY25, FIIs increased their stake in the company by 0.29 percent, bringing it to 3.34 percent from 3.05 percent in Q2 FY25.
The company reported significant growth of around 40.7 percent year-over-year in its revenue from operations, totaling Rs. 843 crores in Q2 FY25. Similarly, the net profit grew by nearly 7.4 percent year-over-year to Rs. 73 crores during the same period.
Over the past year, the stock has delivered positive returns of nearly percent, as well as around percent returns in the last month.
4. Ircon International Limited
Ircon International Limited, with a market capitalization of Rs. 19,318 cr.
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Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Investors should conduct thorough research and consult with a qualified financial advisor before making any investment decisions.