FIIs raise stakes in 33 NIFTY500 stocks for 4th straight quarter; Hitachi, Waaree among top names

Foreign institutional investors (FIIs) turned net buyers in July 2026 for the first time since February, purchasing shares worth ₹20,200 crore. Their buying spree continued in August, with FIIs purchasing shares worth ₹17,275 crore so far this month, according to data from the National Securities Depository Limited (NSDL).

Meanwhile, overseas investors increased their stakes for the fourth consecutive quarter in 33 NIFTY500 companies at the end of the first quarter of the current financial year (Q1 FY27), data fetched from Ace Equity showed.

Hitachi Energy, Siemens Energy, L&T Finance, Waaree Energies, IRFC, Polycab India, Tata Capital, Indian Bank, Bank of Maharashtra, CIE Automation, GMR Airports, Indian Overseas Bank and GE Vernova T&D, among others, are some of the prominent names in which FIIs raised their stake at the end of the June 2026 quarter (Q1 FY27).

Hitachi Energy

FIIs raised their stake in the country’s leading heavy electrical equipment maker to 12.44% at the end of Q1 from the 11.68% stake they held at the end of the March quarter. FIIs had a 7.19% stake in the company during the June quarter of 2025.

Its revenue from operations rose 69% to ₹2,494 crore in the first quarter of the current financial year from ₹1,479 crore a year earlier.

The Bengaluru-based company reported strong operational performance as its earnings before interest, taxes, depreciation, and amortization (EBITDA) rose 135% to ₹364 crore and its EBITDA margin improved by 4.1 percentage points to 14.58% at the end of the June quarter.

Siemens Energy

The country’s leading energy company saw FIIs raise their stake to 7.72% at the end of the June quarter, up from 4.79% during the same period last year.

In the previous quarter, FIIs held a 7.59% stake in the company, data from Ace Equity showed.

Last week, Siemens Energy said that its net profit in the April-June period jumped 68% to ₹441 crore from ₹263 crore in the same period last year.

Its revenue from operations advanced 39% to ₹2,486 crore from ₹1,785 crore in the year-ago period.

The company reported strong operational performance as its earnings before interest, taxes, depreciation, and amortization (EBITDA) jumped 72% to ₹585 crore and its EBITDA margin improved by 4.4 percentage points to 23.55%.

The company’s order backlog at the end of the June quarter rose 16.4% to ₹19,331 crore from ₹16,601 crore in the corresponding period last year.

Waaree Energies

Waaree Energies, the country’s leading renewable energy company, saw FII ownership go up to 8.57% at the end of the June quarter from the 2.68% stake they held in the corresponding quarter of 2025.

FIIs have been aggressively raising their stake in the company over the last four quarters. At the end of the previous quarter, FIIs owned 7.06% in the company, and at the end of the December quarter, they had a 6.91% stake in the company.

Waaree Energies last month reported a 14% surge in its consolidated net profit to ₹850 crore for the first quarter of the financial year 2026-27 as against ₹745 crore in the same period last year.

The company’s revenue from operations increased 79% in the April-June period to ₹7,932 crore as compared to ₹4,426 crore on a year-on-year (YoY) basis.

On the operational front, Waaree Energy’s earnings before interest, taxes, depreciation & amortisation (EBITDA) for the quarter grew 44% to ₹1,440 crore in Q1 FY27 from ₹997 crore in the corresponding quarter for the previous fiscal year.

Indian Bank

The Chennai-based lender has seen FIIs raise their stake in the bank to 6.16% at the end of the June quarter from a 4.54% stake they owned in the same period last year.

FIIs owned a 5.82% stake in the bank in the previous quarter.

The jump in profit came on account of lower provisions for bad loans and improvement in asset quality.

The bank’s net interest income, or the difference between interest earned on loans and expended on deposits, surged by 17% to ₹7,435 crore compared with ₹6,359 crore in the year-ago period.

Indian Bank’s provisions for bad loans dropped to ₹376 crore at the end of the first quarter compared with ₹748 crore in the previous quarter and ₹387 crore in the year-ago period.

Bank of Maharashtra

FIIs have increased their stake in the Pune-based state-run lender to 5.82% at the end of the first quarter of the current financial year from a meagre 1.89% stake they owned at the end of the June quarter in 2025.

FIIs had a 5.55% stake in the bank at the end of the previous quarter.

Bank of Maharashtra’s provisions stood at ₹840 crore for the quarter under review from ₹617 crore in the March quarter period.

The Pune-based bank’s net interest income (NII), or the difference between interest earned on loans and expended on deposits, jumped 14.5% YoY to ₹3,770 crore in the April-June quarter of FY27, as against ₹3,117 crore in the year-ago period.