Colgate Palmolive and 4 other stocks in which insurance companies increased their stake in Q2
Alex Smith
2 months ago
Synopsis:
In Q2FY26, insurance companies increased their stakes in BSE Ltd, Colgate-Palmolive (India), Astral Ltd, and two others reflecting strong institutional confidence, with shareholdings rising across all five companies and highlighting robust market interest.
In Q2, several key companies attracted increased investments from insurance firms, reflecting growing confidence in their business fundamentals and long-term growth prospects.
Notably, BSE Ltd, Astral Ltd, Colgate-Palmolive (India) Ltd, and other two saw a rise in insurance company stakes, indicating strong institutional interest and potential for sustained market performance.
BSE Ltd
BSE Ltd (Bombay Stock Exchange) is India’s oldest stock exchange and a key player in the country’s capital markets. It provides trading, clearing, and settlement services for equities, derivatives, and debt instruments, along with market data and indices. BSE is also known for its electronic trading platform and regulatory compliance services for listed companies.
With market capitalization of Rs. 1,19,469 cr, the shares of BSE Ltd are currently trading at Rs. 2,931 per share, from its previous close of Rs. 2,902.40 per share. Insurance’s shareholding rose to 10.25% in the Q2FY26, up from 1.54% in Q1FY26. The total number of insurance companies holding are 74.
Colgate Palmolive (India) Ltd
Colgate-Palmolive (India) is a major consumer goods company specializing in oral care, personal care, and household products. Its key offerings include toothpaste, toothbrushes, soaps, and detergents. The company has a significant market share in oral care and is known for its strong brand recognition and consumer trust.
With market capitalization of Rs. 58,563 cr, the shares of Colgate Palmolive (India) Ltd are currently trading at Rs. 2,153 per share, from its previous close of Rs. 2,171.50 per share. Insurance’s shareholding rose to 6.03% in the Q2FY26, up from 3.91% in Q1FY26. The total number of insurance companies holding are 21.
Astral Ltd
Astral Ltd is a leading Indian manufacturer of piping systems, adhesives, and plumbing solutions. It offers products for residential, commercial, and industrial applications, including CPVC, PVC, and HDPE pipes. The company is recognized for innovation, quality standards, and a strong distribution network across India.
With market capitalization of Rs. 38,466 cr, the shares of Astral Ltd are currently trading at Rs. 1,431 per share, from its previous close of Rs. 1,439.55 per share. Insurance’s shareholding rose to 8.56% in the Q2FY26, up from 5.89% in Q1FY26. The total number of insurance companies holding are 21.
Coforge Ltd
Coforge Ltd (formerly NIIT Technologies) is a global IT services and consulting company. It offers application development, business process management, cloud, and digital transformation services to clients in banking, insurance, travel, and other industries. Coforge is known for delivering technology-driven solutions and maintaining strong client relationships worldwide.
With market capitalization of Rs. 64,345 cr, the shares of Coforge Ltd are currently trading at Rs. 1,921 per share, from its previous close of Rs. 1,908.55 per share. Insurance’s shareholding rose to 14.92% in the Q2FY26, up from 13.51% in Q1FY26. The total number of insurance companies holding are 24.
KPIT Technologies Ltd
KPIT Technologies is an IT and engineering solutions company focusing on automotive, manufacturing, and energy sectors. It provides software and digital transformation services, including embedded systems, analytics, and mobility solutions. KPIT is recognized for its expertise in electric and autonomous vehicle technologies.
With market capitalization of Rs. 34,287 cr, the shares of KPIT Technologies Ltd are currently trading at Rs. 1,250 per share, from its previous close of Rs. 1,222.10 per share. Insurance’s shareholding rose to 7.44% in the Q2FY26, up from 5.59% in Q1FY26. The total number of insurance companies holding are 14.
Written by Manideep Appana
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