What Stocks are FIIs Buying in India?

What are FII investments?

Companies that have investments in stocks in India but are incorporated under foreign regulations (registered overseas) are known as foreign institutional investors or FIIs.

Any hedge fund, mutual fund, pension fund, or insurance firm from anywhere globally is considered an FII. Because they invest in emerging economies with a big chance for growth, FIIs are one of the most important institutions in our Indian Stock Market.

What stocks are FII buying in India?

HDFC Bank – 69.19% holding

  • The current Market Cap is 751744 Crore.
  • TTM EPS is 68.53.
  • The dividend yield is 1.14.
  • The P/E is 19.75.

HDFC Bank offers a vast array of commercial, transactional, and treasury products for wholesale and retail clients. The bank’s target market includes small and mid-sized corporations, agribusinesses, and major blue-chip manufacturing organisations in the Indian corporate sector.

The company’s total revenue for the last quarter was Rs 35574 Crore, which is Rs. 986 crores more than the previous quarter. The FII holding has become somewhat lower due to the merger of HDFC BANK and HDFC limited.

ZEE ENTERTAINMENT – 47.86% holding

  • The current Market Cap is 21222 Crore.
  • TTM EPS is 10.04.
  • The dividend yield is 1.36.
  • The P/E is 22.01.

The company’s total revenue for the last quarter was Rs 2322 Crore, which is Rs. 210 crores more than the previous quarter. There has been a decrease in the FII holdings from the last quarter of 52.21%

SHRIRAM TRANSPORT FINANCE CORPORATIONS – 53.88% holding

  • The current Market Cap is 33687 Crore.
  • TTM EPS is 100.59.
  • The dividend yield is 1.61.
  • The P/E is 12.38.

Shriram Transport Finance Company , one of India’s leading NBFCs for asset-based finance, specialises in financing used vehicles and small truck owners.

The company’s total revenue for the last quarter was Rs 5081 Crore, which is Rs. 254 crores more than the previous quarter. There has been an increase in the FII holding in the stock from 53.15% previously.

AXIS BANK – 46.93% holding

  • The current Market Cap is 194725 Crore.
  • TTM EPS is 45.97.
  • The dividend yield is 0.61.
  • The P/E is 13.79.

A trusted financial institution of the nation, Unit Trust of  India, has promoted Axis Bank Ltd. The Bank is dedicated to using the finest industry processes to achieve excellence. It has strengths in retail and corporate banking.

The company’s total revenue for the last quarter was Rs 18208 Crore, which is Rs. 555 crores more than the previous quarter. There has been a decrease in the FII holdings from the last quarter of 47.44%

APOLLO HOSPITALS ENTERPRISE LIMITED – 50.81 holdings

  • The current Market Cap is 55190 Crore.
  • TTM EPS is 73.42,
  • The dividend yield is 0.31
  • The P/E is 52.28

The hospital group Apollo Hospitals Enterprise Ltd initially introduced the idea of providing corporate insurance in India. It is a private healthcare provider in Asia, owning and operating a network of specialised medical centres and a chain of pharmacies nationwide.

The company’s total revenue for the last quarter was Rs 3546 Crore, which is Rs. 92 crores lower than the previous quarter. There has been a decrease in the FII holdings from the last quarter of 52.41%

What does FII holding patterns mean for a retail investor?

FII investment in stocks is a good indicator for any stock. The higher the investment, the better the company’s prospects. Additionally, a rise in FII holdings is an even greater indicator because FII only invests when they have high hopes for the business’s future success.

Another factor to consider is when FIIs exit from stock, it tends to create a panic situation. If the fundamentals of the stocks you invested in are solid for the longer term, the sudden price move may be because of the exit of FIIs. This phenomenon can happen due to numerous geopolitical factors.

Conclusion

When you make an active investment in stocks, keeping an eye on the FII investment activities can give you a fair idea about the stock’s strength. The above-listed stocks have a considerable proportion of FII investments. These stocks can be attractive and may present an interesting opportunity.