Singapore govt’s Indian equity portfolio: 4 stocks surge up to 40% in 2023

‚ÄčThe Government of Singapore (GoS) is one of the high-net-worth investors in Indian equities through the foreign institutional investors’ platform. A March quarter shareholding report showing their public ownership of 51 BSE-listed stocks valued at approximately Rs 1,60,000 crore. This list is not comprehensive and only includes companies in which the GoS holds more than a 1 per cent stake. ETMarkets identified four stocks in GoS’s portfolio that have seen a rise of 20-40 per cent in 2023 so far. Additionally, it is noteworthy that Tata Motors, SBI, and two other stocks are among the latest additions to the GoS portfolio. Take a look at the leading performers and the newly added stocks in GoS’s portfolio. (Data Source: ACE Equity).

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