scorecardresearchFPIs increase their stake in 30 of the 50 PSUs, says report

FPIs increase their stake in 30 of the 50 PSUs, says report

Updated: 19 Jul 2022, 11:08 AM IST
TL;DR.
As fund managers are chasing value stocks, PSUs have managed to attract some of these flows due to strong balance sheets, higher dividends, lower valuations, & strong business prospects.
Some of the undertakings in which foreign portfolio investors have increased stake are currently trading at a dividend yield between 5% and 11%, 

Some of the undertakings in which foreign portfolio investors have increased stake are currently trading at a dividend yield between 5% and 11%,