FIIs ARE AGRESSIVELY BUYING IN THIS AC STOCK

When FIIs and DIIs both agressively buy the same stock, there must be something interesting. One such stock is

. This is a leading Air conditioner manufacturer (AC) in India, catering to all the major AC brands, including Indian Railways. It has around 26% market share in the Room Air conditioner (RAC) manufacturing market. The company offers a wide range of products, which include both commercial AC (CAC) and RAC, including all variants such as split AC, inverter AC, Window AC, Tower AC, Cassette AC, and Ductable AC as well. As of Sept25, FIIs increased their stake in the company by 2.02%, taking the total holding to 30.6%. Similarly, DIIs raised their stake by 2.38%, and now their total holding in the company stood at 20.20%.