Markets
BSE See NSE See 39,599.19
164.25 (0.42%)
collapse Related Readings collapse

Top 5 Companies With A Consistent Increase In FIIs’ Stake

By Saikat Mitra | 5/17/2013 9:00 PM Friday

FIIs - this word is enough to get investors enthused about any particular company or stock. That is the only reason why the stake held by FIIs are tracked closely. In this article, we have taken into consideration companies in which FIIs’ stake has increased consistently for the last 4 quarters. We have considered the 500 listed companies on the BSE for the same.

Company NameFII Stake (%)1 Year Return (%)
March-13December-12September-12June-12
Tech Mahindra 27.34 22.19 15.12 5.92 51.76
Future Ventures India 19.23 10.07 9.74 5.39 16.95
Axis Bank 40.94 34.83 32.79 27.27 61.57
Karnataka Bank 24.79 21.62 16.4 14.36 109.55
Ipca Laboratories 20.79 18.11 12.3 10.49 71.33

Tech Mahindra:
Tech Mahindra is part of the USD 15.9 billion Mahindra Group and is a leading global systems integrator and business transformation consulting organisation, focused primarily on the telecommunications industry. Tech Mahindra has successfully implemented more than 18 greenfield operations globally and has over 140 active customer engagements mostly in the telecom sector. The company has been involved in about 9 transformation programmes of incumbent telecom operators.

In the last 4 quarters, the company has witnessed a consistent increase in the stake held by FIIs. The stake has increased by 2142 basis points to 27.34% as of March 2013. In the last 1 year, the stock has yielded a return of more than 51%.

Future Ventures India (FVIL): FVIL is a part of the Future Group under the leadership of Kishore Biyani. The company was incorporated in July 1996 under the name ’Subhikshith Finance & Investments’. In 1998, they were granted a certificate of registration by the Reserve Bank of India to carry on business as an NBFC. Their portfolio consists of 14 business ventures of which 7 are its subsidiaries. FVIL has successfully completed the Initial Public Offering (IPO) of its securities and raised Rs 750 crore.

The company, in the last 1 year, has given returns of 17% and the FIIs’ stake at the end of March 2013 stands at 19.23% as against 5.39% as of June 2012.

Axis Bank: Axis Bank is engaged in providing retail and corporate banking services in India. As of March 31, 2012, it operated 1,622 branches and extension counters, as well as 9,924 ATMs in India. Axis Bank also has branches in Singapore, Hong Kong, Dubai, Colombo, Abu Dhabi, and Shanghai. The company was formerly known as UTI Bank and changed its name to Axis Bank in July 2007. Axis Bank was incorporated in 1993 and is based in Mumbai, India.

The FIIs have increased their stake in the bank by 1367 basis points in the last four quarters to stand at 40.94% as of March 2013. In the last 1 year, the stock prices have appreciated by 61.57% on the Indian bourses.

Karnataka Bank: Karnataka Bank was incorporated on February 18, 1924 at Mangalore in Karnataka. Over the years, the bank has grown with the merger of Sringeri Sharada Bank, Chitradurga Bank and Bank of Karnataka. With over 88 years of experience, the bank now has a national presence with a network of 555 branches spread across 20 states and 2 Union Territories. Managed by a dedicated and professional management team, it has over 6084 employees, 1,05,099 shareholders and over 6.7 million customers.

In the last 4 quarters, FIIs have increased their stake in the bank to the tune of 1043 basis points to stand at 24.79% as of March 2013 as against 14.36% as of June 2012. In the last 1 year, the stock has yielded a stupendous return of 109%.

Ipca Laboratories: With a presence of more than 60 years, Ipca has been partnering healthcare globally in over 110 countries and in markets as diverse as Africa, Asia, Australia, Europe and the US. Ipca manufactures over 350 formulations and 80 APIs for various therapeutic segments. It is one of the world's largest manufacturers and suppliers of over a dozen APIs.

The company, in the last 1 year, has given returns of 71.33% and the FIIs’ stake at the end of March 2013 stands at 20.79% as against 10.49% as of June 2012.

 

Find More Articles on: DSIJ Others, Slide Shows, Markets, DSIJ Mindshare, Product, Mid Cap, Large Cap

news letter

More for the early bird.

Get the post-market reports and breakfast news right in your inbox. See latest »

DSIJ Mindshare

Ducon Infra partners with Sterling & Wilson to bid for large GFD projects

Apurva Joshi / Article rating: 5.0

Ducon Infratechnologies Limited has entered into a strategic tie-up with Sterling & Wilson Private Limited, a flagship group company of Shapoorji Pallonji Group, to jointly bid large-sized FGD tenders. Ducon is an emerging technology company providing solutions in the industrial, infrastructure and digital space to multiple business segments across varied industries.

12345678910Last

Tiger Logistics topline to grow by 10%--buoyant over infra sector status to logistics sector

Tiger Logistics topline to grow by 10%--buoyant over infra sector status to logistics sector

Logistics sector will play a vital role in making the concept of ‘Make in India’ a success. This will be further aided by some of the recent steps taken by Government of India such as granting of infra sector status to logistics sector.

Best and worst Performing Sector Funds of Year 2017

Best and worst Performing Sector Funds of Year 2017

As the year-end has approached most of you are eager to know the mutual fund movers and shakers of the year 2017. Read on to find the performance of various sector dedicated funds.

Markets may start positive, but volatility likely due to F&O expiry

Markets may start positive, but volatility likely due to F&O expiry

The start of the F&O expiry day is likely to be in the green, but volatility may creep in with the progress of the session. The SGX Nifty suggests that the Nifty could open at 10,525 with gains of 32 points at the opening bell. 

Pidilite announces buyback of Rs 500 crore

Pidilite announces buyback of Rs 500 crore

The buyback offer comprises purchase of up to 50,00,000 equity shares. The buyback offer size comprises 0.975 per cent of the total paid-up equity capital of the company.

Bank Nifty drags markets to close in the red

Bank Nifty drags markets to close in the red

The late session fall in Bank Nifty changed the direction of the market, leading to a marginal fall in the benchmark indices. Bank Nifty yet again resisted at its multiple point downward sloping trendline level at 25733.

Six major underperforming MF schemes having higher expense ratios

Six major underperforming MF schemes having higher expense ratios

Mutual funds with a large size of assets under management (AUMs) are supposed to have lower expense ratios. However, there are schemes with large AUMs but having higher expense ratios and generating lower returns. 

Nifty Pharma supports market; Sun Pharma at bullish reversal

Nifty Pharma supports market; Sun Pharma at bullish reversal

Nifty Pharma index has come in as the healer in an otherwise sluggish market. Index has given a consolidation breakout at the 9420 level today and if the it sustains 9420, followed by 9628 on the upside, it has a long way to go.

Ten stocks close to their 52-week low

Ten stocks close to their 52-week low

Following stocks are close to their 52-week low as at 12.35 p.m. on December 27.

Ten stocks close to their 52-week high

Ten stocks close to their 52-week high

The markets on December 27 opened gap down. BSE Sensex is trading at 34,068.15, up by 57.54 points and the Nifty is trading at 10,539.45, up by 7.95 points.

Five stocks with selling interest

Five stocks with selling interest

Overall volumes in futures & options currently stand at 62.75 lakh contracts with a turnover of Rs. 5,19,204.72 crore.