10 small-cap stocks with the highest foreign exposure
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CarTrade Tech, a multi-channel auto platform, topped the list according to Ace Equity. Foreign investors hold 69.95 per cent in the small-cap company as of March quarter data. The market cap of the company is Rs 2,242.6 crore. In the last financial year, the company’s gross sales were Rs 364 crore and net profit was Rs 34 crore. The second number in this list is Redington Ltd, a company providing tech solutions, which has 60.50 percent foreign stake. The market cap of this company is Rs 14,570 crore. Last year its gross sales were Rs 79,377 crore and net profit was Rs 1,392 crore.
Who’s who in the list
Kiri Industries, a chemical sector company, is at number three in this list. Foreign investors have 46.53 percent stake in it. The market cap of the company is Rs 1,447 crore. Piramal Pharma is at the fourth position in this list with 39.28% foreign stake. Its market cap is Rs 10,841 crore. Standard Industries is at number five in this list with 38.86 per cent foreign stake. Its market value is Rs 157.4 crore. Foreign investors hold 38.83 per cent in Aavas Financiers, 38.63 per cent in Aster DM Healthcare, 38.10 per cent in Sansera Engineering, 36.47 per cent in TeamLease Services and 36.19 per cent in Amara Raja Batteries.
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