Marching Towards Success: Indian Companies Attract International Investors With High FII Holdings
- Posted on June 1, 2023
- Marketplace
- By Arijit Dutta
- 363 Views
Indian companies:-
Into the Limelight: Indian Companies Shine Bright with Over 60% FII Holdings
Indian companies are catching the eye of Foreign Institutional Investors (FIIs), with their Shares being snapped up by international investors. In fact, some of these companies have managed to attract over 60% of FII holdings, indicating a strong belief in their growth and profitability.
FII Storm on the Horizon: Indian Companies Prep for Market Shake-Up
The impact of these significant FII holdings goes beyond mere interest. They have the potential to shake up the market dynamics in a big way. Let's dive into the details and explore some of the Indian companies that have secured a high share of FII holdings, as reported by Trendlyne data.
FII Stampede: One97 Communications, CarTrade Tech, Delhivery, HDFC, and Zomato Emerge as Winners
Topping the list is One97 Communications, the parent company of Paytm, with a remarkable FII holding of 71.8%. CarTrade Tech comes in a close second with 70%, while Delhivery proudly claims a substantial 67.6%. HDFC, a well-known name in the financial sector, stands strong with an FII holding of 66.2%. Even Zomato, the popular food delivery and restaurant aggregator platform, has managed to capture the attention of FIIs with a notable holding of 54.6%.
Joining the FII Club: Redington, Axis Bank, ICICI Bank, and ITC Claim Significant Holdings
But it doesn't stop there. Other noteworthy companies with significant FII holdings include Redington at 60.5%, Axis Bank at 49.1%, ICICI Bank at 44.2%, and ITC at 43.4%. The list goes on to feature IndusInd Bank, AU Small Finance Bank, Kotak Mahindra Bank, Apollo Hospitals Enterprises, Mahindra & Mahindra, and Piramal Pharma.
The Double-Edged Sword: High FII Holdings Fuel Growth, but Expose Companies to Volatility
While high FII holdings can bring several advantages to these companies, such as increased capital inflow and global exposure, they also come with potential risks. The volatility of the market can expose these companies to unpredictable fluctuations. It's important to note that these FII holdings are based on data as of March 31, 2023, and may change in the future.
Indian Powerhouses Attract FII Spotlight: Paytm, HDFC, Delhivery, and Zomato Steal the Show
In conclusion, Indian companies like Paytm, HDFC, Delhivery, and Zomato are garnering significant FII interest, reflecting their potential for growth and profitability. The impact of these investments on the market dynamics remains to be seen, but one thing is for sure: these companies have piqued the Curiosity of international investors.
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