Top 5 Large-Cap Stocks (FII/FPI Favourites)

3 min read
Which are the top 5 Large Cap Stocks in the Indian market that are favourite of Foreign Institutional as well as Foreign Portfolio Investors? Let’s find out!
  • Apollo Hospitals Enterprise Limited has a market capitalization of Rs. 46,000 crore.
  • The promoters of the company hold 29.8% of the total market cap, whereas, the holding of Foreign Institutional Investor holding in this company stands at 54.5%.
  • Further, 70.2% stake of the company is freely floating in the market after keeping aside the promoter’s stake. Here, out of the total free-floating stakes in the market, the FIIs hold 54.5% stake, which shows the faith of Foreign Institutional Investor in the firm.
  • The total holding of FIIs in Apollo Hospitals is Rs. 25,070 crores.

Introduction

The market capitalisation of Indian equity markets has now crossed $3 trillion which is equal to around Rs. 219 lakh crore. India stand at 7th position in the world in terms of Market Capitalisation leading by the United States with a market cap of $47.5 trillion at the first position, China is at second position with a market cap of $11.4 trillion and Hong Kong at $7 trillion, Japan at $6.7 trillion, the UK at $3.7 trillion, France at $3.3 trillion and Canada at $3.1 trillion.

India has reached this mark due to regular investments made by the Foreign Institutional as well as Foreign Portfolio Investors. So now let’s talk about which are favourite stocks of these Foreign Investors:

1. HDFC Limited:

  • HDFC Ltd. has a market capitalization of Rs. 4.59 lakh crore with a Foreign Institutional Investor holding of 72.8% in the Free-Float market cap.
  • HDFC has no promoter, hence, their promoter holding is zero.
  • The total FII holding in HDFC Ltd. in terms of money is Rs. 3.34 lakh crore.

2. Apollo Hospitals Enterprise Limited:

  • Apollo Hospitals Enterprise Limited has a market capitalization of Rs. 46,000 crore.
  • The promoters of the company hold 29.8% of the total market cap, whereas, the holding of Foreign Institutional Investor holding in this company stands at 54.5%.
  • Further, 70.2% stake of the company is freely floating in the market after keeping aside the promoter’s stake. Here, out of the total free-floating stakes in the market, the FIIs hold 54.5% stake, which shows the faith of Foreign Institutional Investor in the firm.
  • The total holding of FIIs in Apollo Hospitals is Rs. 25,070 crores.

3. Axis Bank:

  • Axis Bank has a market capitalization of Rs. 2.26 lakh crore.
  • The promoters of the company hold around 13.6% of the total market cap, whereas, the holding of Foreign Institutional Investor holding in this company stands at 51.40%.
  • The Foreign Institutional Investor holds 59.49% of the remaining Free-Float, i.e., 86.3%. The total holding of FIIs in the Axis Bank stands at Rs. 1.16 lakh crore.

4. IndusInd Bank:

  • The IndusInd Bank has a market capitalization of Rs. 77,000 crore.
  • The promoters of the company hold 16.1% of the total market cap, whereas, the holding of Foreign Institutional Investor holding in this company stands at 50.90%.
  • Hence, the FIIs hold 60.67% of the remaining Free-Float of around 84%. The total holding of FIIs in the IndusInd Bank amounts to Rs. 39,000 crore.

5. ICICI Bank:

  • The ICICI Bank has a market capitalization of Rs. 4.51 lakh crore.
  • There is no promoter holding in ICICI Bank, whereas, the holding of Foreign Institutional Investor holding in this company stands at 47.80%.
  • The total holding of FIIs in the IndusInd Bank amounts to Rs. 2.15 lakh crore in the ICICI Bank.

Conclusion:

We can see that 4 out of the above 5 companies relates to the Banking or Financial sector which gives a clear indication of trust of FFIs/FPIs in the financial economy of the country in the private sector. The above-discussed stocks are not a direct recommendation and one should do proper research and study on his side as well before investing in them.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.