HB Portfolio Limited announced Q1 financial results. Standalone profit reached Rs 379.16 crore, down from Rs 512.55 crore year-over-year. Revenue from operations was Rs 534.34 crore. Consolidated profit stood at Rs 219.77 crore with revenue at Rs 769.52 crore. The financial services segment generated Rs 534.34 crore in revenue. Dividend income of Rs 338.62 crore was received from subsidiary Taurus Asset Management Company Limited. The company invested in 5 lakh Fully Convertible Debentures of Infinix9 Hotels & Resorts Private Limited.
20Jul 25
FPIs Shift Strategy: Net Sellers in Secondary Market, Active Buyers in Primary Market
Foreign Portfolio Investors (FPIs) are showing a preference for primary market opportunities in Indian equities while reducing exposure in the secondary market. From July 1-18, FPIs sold Rs 10,775.00 crore in the secondary market but invested Rs 5,251.00 crore in IPOs and QIPs. Year-to-date figures show FPIs as net sellers of Rs 110,000.00 crore in the secondary market, while investing Rs 27,239.00 crore in the primary market. This trend indicates a valuation-sensitive approach, with FPIs seeing value in primary market offerings despite overall selling pressure.