Passive Income: Top 5 PSU stock must-buy list, FIIs have their eye on them
Passive income is admired by everyone however it is a wonder as such no one is giving you a straight trick to be a smart investor and give you the right direction to invest your money in good stocks in the long run. It is one of the best ways to live longer with less hard work and become richer as your age. here are some best 5 PSU stocks where FII had their investment in COVID times, Get yourself updated with it.
- Hindustan Aeronautics Ltd.
- Manganese Ore India Limited (MOIL)
- Central Bank of India
- SBI Life Insurance Company
- National Fertilizers
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You can also invest therewith if you are really satisfied with the stock’s performance. Get yourself register and Invest as fast as you can, your money, your decision. Thanks, yourself later,
1. Hindustan Aeronautics Limited
On March 23, 2020, the stock price was just Rs. 504.90 which is raised by 158 to Rs. 1295.20 on 14 Aug 2020. And FII holding was none on march 2020 as compared to June 2020 Q1 end, which was 0.01 percentage.
2. Manganese Ore India Limited (MOIL Ltd. FY 2010-11)
On March 23, 2020, The stock was at Rs. 90.55 which has moved up 64 percent approx. It is moved up to Rs. 149.00 on August 14, 2020. FII holding was 2.92 percent in March 2020 for quarter 4 which raised to 3.09 percent by the of Quarter I June 2020 for FY 20-21.
3. Central Bank Of India
On March 23, 2020, Share was Rs.11.55 which gained approx 55 percent. Share price 17.70 on August 14, 2020. FII has invested 0.20 percent in the 4th Quarter ended in March 2020 However, the same is increased to 0.21 percent on quarter Quarter 1 ended in June 2020.
4. SBI Life Insurance Company
SBI Life Insurance Company share price was 535.85 on March 23 which gained approximately 61 percent. The share price rose to Rs 839.50 on August 14 against the March share price. FIIs holding 25.87 percent in the March quarter which was risen to 26.15 percent in the June quarter.
5. National Fertilizer
National Fertilizers share price Rs 16.8 on March 23, 2020, which surged approximately 119 percent. Share price raised to Rs 36.20 on August 14 compared to March 2020. FIIs holding in 0.01 percent in the previous quarter which was risen up to 0.4 percent in the June quarter.