Several Indian companies have attracted a significant share of Foreign Institutional Investors (FIIs), with some scrips like Paytm, HDFC, and Delhivery, boasting of an FII holding of over 60%. This indicates international investors’ confidence in their potential for growth and profitability. These companies have witnessed substantial FII holdings, which not only reflect global investors’ interest but also have the potential to impact the market dynamics. Take a look at some of the top Indian companies with a high share of FII holdings, according to Trendlyne data.
Companies with highest FII holdings:
CompanyFII HoldingCMPOne97 Communications71.8%Rs 705CarTrade Tech70%Rs 423.4Delhivery67.6%Rs 355.15HDFC66.2%Rs 2659.8360 One Wam64.8%Rs 419.65Redington60.5%Rs 179.5Zomato54.6%Rs 68.45Max Healthcare52%Rs 533.65PB Fintech50.4%Rs 606.5Shriram Finance49.8%Rs 1410.5Axis Bank49.1%Rs 924.4IRB Infrastructure48.5%Rs 28.7Max Financial47.7%Rs 708.9Apollo Hospitals47%Rs 4810.05Kiri Industries46.5%Rs 290.6ICICI Bank44.2%Rs 949.8ITC43.4%Rs 442.15IndusInd Bank42.2%Rs 1292.2AU Small Finance Bank39.7%Rs 779.05Crompton Greaves39.6%Rs 273.9Kotak Mahindra Bank39.4%Rs 1935.7Piramal Pharma39.3%Rs 81.3Mahindra & Mahindra39.2%Rs 1334.7Standard Industries38.9%Rs 26.7Aavas Financiers38.8%Rs 1393.7Data sourced from Trendlyne
One97 Communications, the parent company of Paytm, leads the pack with an FII holding of 71.8%. CarTrade Tech follows closely with 70%, while Delhivery stands at 67.6%. HDFC boasts an FII holding of 66.2%. Zomato, the popular food delivery and restaurant aggregator platform, has attracted an FII holding of 54.6%.
While high FII holdings can bring several benefits, they can also expose companies to increased volatility and market risks. The FII holdings are based on data as of March 31, 2023, and are subject to change over time.