Goldman Sachs, a leading global investment banking, securities, and investment management firm, boasts a diversified portfolio that spans various sectors and geographies.
Founded in 1869, Goldman Sachs offers financial services to a wide array of clients, including corporations, financial institutions, governments, and individuals.
This article explores some notable stocks in the Goldman Sachs portfolio, focusing on companies across different sectors and their recent performance metrics.
Eureka Forbes Ltd.
Eureka Forbes Ltd. is a prominent India-based company specializing in the manufacturing, sale, and service of water filters, vacuum cleaners, air purifiers, water treatment plants, and other home appliances.
The company’s core business revolves around providing health, hygiene, and safety goods and services.
Financial Overview
- Market Capitalization: Rs 8,544.02 crore
- Current Share Price: Rs 438 per share
- Recent Performance: Decreased by approximately 1.14% compared to the previous closing price
- PEG Ratio: 0.49
Eureka Forbes’ consistent focus on health and safety products has positioned it as a significant player in the home appliance market in India.
India Shelter
India Shelter is a fast-growing affordable housing finance company that specializes in the housing finance sector.
The company is dedicated to promoting affordable housing initiatives and enhancing financial inclusion.
Financial Overview
- Market Capitalization: Rs 7,600.10 crore
- Current Share Price: Rs 709.95 per share
- Recent Performance: Increased by approximately 1.39% compared to the previous closing price
- PEG Ratio: 0.53
Goldman Sachs Investment
- Equity Shares Held by Goldman Sachs: 1,122,029 shares (1.1% of the company as of March 2024)
- Revenue (Q3FY24): Rs 234 crore
- Net Profit (Q3FY24): Rs 78 crore
India Shelter’s emphasis on affordable housing finance makes it a crucial part of Goldman Sachs’ investment in fostering financial inclusion.
TD Power Systems Limited
TD Power Systems Limited is an Indian manufacturer of air-conditioning (AC) generators and electric motors tailored to meet client-specific demands and specifications.
Financial Overview
- Market Capitalization: Rs 5,832.95 crore
- Current Share Price: Rs 373.50 per share
- Recent Performance: Increased by approximately 2.01% compared to the previous closing price
- PEG Ratio: 0.45
Goldman Sachs Investment
- Equity Shares Held by Goldman Sachs: 4,248,291 shares (2.72% of the company as of March 2024)
- Revenue (Q3FY24): Rs 264 crore
- Net Profit (Q3FY24): Rs 29 crore
TD Power Systems’ expertise in AC generators and electric motors positions it as a significant player in the Indian industrial sector.
PNC Infratech Limited
PNC Infratech Limited is an Indian company involved in infrastructure building, development, and management.
The company primarily focuses on projects such as roads, bridges, flyovers, electricity transmission lines, airport runways, and other infrastructure operations.
Financial Overview
- Market Capitalization: Rs 12,286.94 crore
- Current Share Price: Rs 477.95 per share
- Recent Performance: Increased by approximately 1% compared to the previous closing price
- PEG Ratio: 0.61
Goldman Sachs Investment
- Equity Shares Held by Goldman Sachs: 5,697,510 shares (2.22% of the company as of March 2024)
- Revenue (Q3FY24): Rs 2,600 crore
- Net Profit (Q3FY24): Rs 396 crore
PNC Infratech’s robust portfolio in infrastructure development makes it a vital component of Goldman Sachs’ investment strategy in the infrastructure sector.
Conclusion
Goldman Sachs’ portfolio includes a diverse range of companies across various sectors, from home appliances and affordable housing finance to industrial manufacturing and infrastructure development.
The financial performance of these companies, as illustrated by their market capitalization, share prices, and recent financial results, underscores their significance in the portfolio.
These investments reflect Goldman Sachs’ strategic approach to investing in companies with strong growth potential and robust market presence.
Investors looking to align their strategies with Goldman Sachs might consider these stocks, given their current performance and the firm’s commitment to sectors poised for growth.
Whether it’s the innovative home solutions from Eureka Forbes, the affordable housing finance focus of India Shelter, the industrial contributions of TD Power Systems, or the extensive infrastructure projects managed by PNC Infratech, each of these companies offers unique opportunities and insights into the diverse investment landscape managed by Goldman Sachs.