Top 5 Companies Where FIIs Increased Their Stake Consistently
DSIJ Intelligence / 24 Jan 2014
With the end of the December quarter, the new shareholding patterns for most of the companies are now out. In this article we are looking into those companies where FIIs have increased their stake in the last 5 quarters consistently.
With the end of the December quarter, the new shareholding patterns for most of the companies are now out. In this article we are looking into those companies where FIIs have increased their stake in the last 5 quarters. To arrive at this list we have used some methodologies which are as follows:
- We have considered stocks from the BSE 500 index.
- We have considered companies having market capitalisation of more than Rs 200 crore.
- We have considered companies where the FIIs have increased stake on a consistent basis for the last 5 quarters.
- The final list consists of companies where the stake increased is the highest (in basis points) sorted out in a descending manner.
Let us take a look at the companies.
| Company Name | Mcap (Rs Cr) | % FII Holding | Increase (BPS) | 1 Year Return (%) | ||||
|---|---|---|---|---|---|---|---|---|
| 13-Dec | 13-Sep | 13-Jun | 13-Mar | 12-Dec | ||||
| UPL | 9152.97 | 44.93 | 39.77 | 37.6 | 32.07 | 31.51 | 1342 | 55.96 |
| KPIT Technologies | 3064.6 | 41.96 | 36.42 | 32.79 | 30.83 | 30.32 | 1164 | 46.49 |
| Mindtree | 5935.98 | 36.78 | 35.65 | 30.99 | 30.74 | 25.88 | 1090 | 82.19 |
| Kajaria Ceramics | 2392.74 | 25.61 | 23.5 | 18.41 | 15.64 | 15.47 | 1014 | 50 |
| ICRA | 1570.05 | 18.71 | 15.33 | 13.4 | 9.91 | 8.88 | 983 | 11.25 |
UPL: UPL (erstwhile United Phosphorous) is a global generic crop protection, chemicals and seeds company. The company has secured the coveted first position in our list. The FIIs have increased their stake by 1342 basis points in the last 5 quarters ending December 2013. The FII stake as of December 2013 stood at 44.93% as against 31.51% in December 2012. The stock in the last one year has given a return of 55.96%.
KPIT Technologies: KPIT Technologies is a global IT consulting and product engineering partner focused on co-innovating domain intensive technology solutions for corporations specializing in automotive & transportation, manufacturing and energy & utilities. The FIIs in the last 5 quarter had increased stake in the company by 1164 basis points and it currently stands at 41.96%. In the last one year the stock has yielded a return of 46.49%.
Mindtree: The second company from the IT space, Mindtree has seen the stake of the FIIs to go up by 1090 basis points for the quarter ended December 2013. The FII stake in the company stood at 36.78% for December 2013 as against 25.88% reported during December 2012. Mindtree is a global IT solution company which has provided a return of 82.19% in the last one year and the market capitalisation at present stands at Rs 5935 crore.
Kajaria Ceramics: A leading company catering to the ceramic tiles sector, the company has given a return of 50% in the last one year. The market capitalisation currently stands at Rs 2392 crore and the FIIs have increased by 1014 basis points in the last five quarters. The FIIs at present hold 25.61% in the stock currently.
ICRA: ICRA (erstwhile Investment Information and Credit Rating Agency of India Limited) was set up in 1991 by leading financial/investment institutions, commercial banks and financial services companies as an independent and professional Investment Information and Credit Rating Agency. In the last 5 quarters the FIIs have increased their stake in the company by 983 basis points to stand at 18.71% for December 2013. In the last one year the stock has given a return of 11.25%.
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