Veteran overseas analysts are once again favouring new-age enterprises. Foreign investors made investments in Paytm, PB Fintech, and Delhivery during the April-June quarter of the current fiscal year. All of these stocks were among the top 25 investments made by foreign investors in the previous quarter. This list includes Adani Enterprises, Adani Green Energy, and Adani Ports."
According to Goldman Sachs, this list includes New Age firms such as Paytm, PB Fintech, and Delhivery. However, if we look at the top five equities on this list. The top five equities in which foreign investors invested in the June quarter were Max Healthcare, Shriram Finance, Axis Bank, AU Small Finance Bank, and Sona BLW Precision Holdings. On the other side, three of these five equities have grown by 20-35% year to date. In terms of the fastest rising share, foreign investors' shareholding in Sona BLW increased the most by 20.4% in 2023.
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