Vishal Mega Mart, Hitachi Energy, GMR Airports among 36 firms that saw FIIs consistently raising stake

Foreign institutional investors (FIIs) have been relentlessly selling shares in the Indian equity markets. The FIIs have sold shares worth ₹2,20,129 crore so far this year, marking the biggest exodus by FIIs on record, data from the National Securities Depository Limited (NSDL) showed. The FIIs have so far this month offloaded shares worth ₹28,160 crore and in the fourth quarter of financial year 2025-26 they have sold stocks worth ₹1.31 lakh shares.

Despite heavy selling by FIIs, they remained net buyers in 36 companies in the NIFTY 500 index at the end of March quarter, according to data compiled by Ace Equity.

FIIs raising stake in a company is generally seen by market participants as a strong signal for the company as FIIs include large global entities such as hedge funds, pension funds and sovereign wealth funds that have access to deep research and analysis about a company, analysts said.

Rising FII ownership also indicates high investor confidence. These investors typically put money into companies only after evaluating factors like management quality, financial performance and long-term growth potential, analysts added.

The FIIs have been consistently raising their shareholding in the company from 10.69% at the end of December quarter and 9.67% at the end of September quarter.

The stock has also handsomely rewarded investors as it surged 32% in March quarter.

The FIIs have been consistently raising stake in the company over the last four quarter as they held 15.52% stake at the end of Q3 and 15.4% stake they owned at the end of Q2.

Government of Singapore and Monetary Authority of Singapore are the prominent FIIs holding stake in the company.

T. Rowe Price Emerging Markets Discovery Stock Trust, Government Pension Fund Global and Government of Singapore are the prominent foreign investors in the company.

The bank has seen FIIs raise stake from 8.14% at the end of December quarter and 7.86% stake they held at the end of September quarter.

Goldman Sachs Trust II and GQG Partners Emerging Markets Equity Fund are the prominent foreign investors in the company.