A high holding percentage of Foreign Institutional Investors (FIIs) is one of the important parameters that build the confidence of Public (Retail) investors in the company’s stock. Listed below are four stocks with the highest FII holdings as of the quarter ended December 2023:
Delhivery Limited
With a market capitalization of Rs 29,440.76 crores, the stocks of Delhivery Limited closed at Rs 399.80 on a trading session that took place on Saturday, gaining approximately 0.70 percent as compared to the previous closing levels of Rs 397.20 apiece.
According to the latest shareholding pattern data available for the December 2023 quarter, the FIIs, trimming their stake, currently hold a considerable stake of a whopping 62.71 percent.
Delhivery Limited is engaged in the business of providing a wide range of Logistics services, including delivery of express parcels and heavy goods, freight services, warehousing, supply chain solutions, and many more.
One 97 Communications Limited
With a market capitalization of Rs 49,803 crores, the stocks of One 97 Communications Limited closed at Rs 784.20 on a trading session that took place on Saturday, gaining approximately 1.40 percent as compared to the previous closing levels of Rs 773.90 apiece.
According to the latest shareholding pattern data available for the December 2023 quarter, the FIIs, increasing their stake, currently hold a considerable stake of a whopping 63.72 percent.
Incorporated in 2000, One 97 Communications Limited is India’s leading digital ecosystem having a huge client base offering payment services, financial services, and commerce & cloud services.
Samhi Hotels Limited
With a market capitalization of Rs 4,021.66 crores, the stocks of Samhi Hotels Limited closed at Rs 184.45 on a trading session that took place on Saturday, gaining approximately 0.80 percent as compared to the previous closing levels of Rs 182.95 apiece.
According to the latest shareholding pattern data available for the December 2023 quarter, the FIIs, marginally decreasing their stake, currently hold a considerable stake of a whopping 64.42 percent.
Samhi Hotels Limited is a prominent hotel ownership and asset management platform company in India. Their hotels typically operate under long-term management contracts with well-recognized global hotel operators such as Hyatt, Marriott, and IHG.
Cartrade Tech Limited
With a market capitalization of Rs 3,356.86 crores, the stocks of Cartrade Tech Limited closed at Rs 716.50 on a trading session that took place on Saturday, slipping approximately 1.20 percent as compared to the previous closing levels of Rs 725 apiece.
According to the latest shareholding pattern data available for the December 2023 quarter, the FIIs, consistently increasing their stake in the past three quarters, currently hold a considerable stake of a whopping 71.93 percent.
CarTrade Tech Limited is a multi-channel auto platform provider company operating various brands such as CarWale, CarTrade, BikeWale, Adroit Auto, etc. The platform connects new/used automobile customers, vehicle OEMs, dealers, and other businesses to buy and sell different types of vehicles.
Written by Amit Madnani
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