Government of Singapore's India Portfolio: 12 Stocks Rally Up to 60% in 2025
The Government of Singapore holds stakes in 57 BSE-listed Indian companies with a total portfolio value of approximately Rs 2,00,185 crore as of October 29, 2025. In 2025, 12 stocks in this portfolio have surged between 25% and 60%, while others have seen declines of 25–42%, reflecting mixed performance across the holdings.
The Government of Singapore's investment portfolio in India comprises 57 publicly listed companies on the Bombay Stock Exchange, valued at around Rs 2,00,185 crore as of late October 2025. During the calendar year 2025, 12 stocks from this portfolio experienced significant rallies of over 25%, with some stocks surging as much as 60%, indicating strong growth trends in parts of the portfolio. Notable holdings with substantial increases include stocks that rose from Rs 1,074 to Rs 1,715 (up 60%), Rs 682 to Rs 1,075 (58%), and Rs 4,817 to Rs 6,999 (45%), among others. The portfolio stakes in these companies range from about 1.1% to over 5%, with individual holdings valued from hundreds to thousands of crores. However, the portfolio also faced setbacks where some stocks like Varun Beverages, Triveni Turbine, Kalyan Jewellers India, International Gemmological Institute (India), and PG Electroplast declined by 25–42%. This mixed performance highlights a varied investment outcome in different sectors and companies within their extensive equity stake in the Indian market. The data, sourced from ACE Equity and Trendlyne, underscores the strategic diversification and dynamic nature of the Government of Singapore's investments in India as of 2025.
