Synopsis:
FII-backed stocks have outperformed sharply in the past six months, with companies like One97 Communications, Delhivery, CarTrade Tech, Le Travenues Technology, and Max Financial Services delivering returns of over 50 percent. With foreign ownership exceeding 40 percent in each, these stocks remain strong investor favourites in the Indian market.
Foreign institutional investors (FIIs) have consistently played a crucial role in driving momentum in Indian equities. In the past six months, several FII-backed companies have delivered exceptional returns, with some stocks surging more than 50 percent. Here are five such stocks where FIIs hold more than 40 percent stake and which have rewarded investors handsomely.
1. One97 Communications
One97 Communications operates under the Paytm brand, offering mobile payments and financial services to consumers and merchants. Paytm enables various transactions such as mobile recharges, utility bill payments, rent, education fees, wallet top-ups, and money transfers. Consumers can pay using UPI, cards, net banking, or Paytm Payment Instruments like Wallet and Paytm Postpaid (BNPL).
The company has a market cap of Rs. 80,742 crore and is currently trading at Rs. 1,263. FIIs hold 54.87 percent stake in the company, while the stock has delivered a strong 67.29 percent return over the last six months.
2. Delhivery
Delhivery is engaged in the business of warehousing and last mile logistics and is also involved in designing and deploying logistics management systems, providing logistics and supply chain consulting, procurement support, and other related activities.
The company caters to e-commerce marketplaces, direct-to-consumer e-tailers, enterprises, and SMEs across sectors such as FMCG, consumer durables, electronics, lifestyle, retail, automotive, and manufacturing.
The company has a market cap of Rs. 35,320 crore and is currently trading at Rs. 472.95. FII ownership stands at 52.95 percent, and the stock has surged 73.31 percent in the last six months.
3. CarTrade Tech
CarTrade Tech Ltd is a multi-channel auto platform provider with presence across vehicle types and Value Added Services. It operates well-known brands including CarWale, CarTrade, Shriram Automall, BikeWale, CarTradeExchange, Adroit Auto, and AutoBiz. The platform connects automobile customers, dealers, OEMs, and other businesses, enabling buying, selling, financing, and marketing of new and used vehicles.
The company has a market cap of Rs. 11,158 crore and is currently trading at Rs. 2,342. FIIs hold 67.30 percent stake in the company, and the stock has posted impressive six-month returns of 53.13 percent.
4. Le Travenues Technology
Le Travenues Technology operates popular travel booking platforms such as ixigo.com, confirmtkt.com, and abhibus.com, offering services across airlines, trains, buses, hotels, and cabs. These platforms provide comprehensive travel information and booking solutions to customers across India.
The company has a market cap of Rs. 10,937 crore and is currently trading at Rs. 278.51. With FIIs holding 59.90 percent, the stock has delivered stellar returns of 99.04 percent in the past six months, making it the top performer among this group.
5. Max Financial Services
Max Financial Services is engaged in growing and nurturing business investments and providing management advisory services to its group companies in India. The company serves salaried and self-employed individuals along with their dependents, offering insurance products that provide protection in case of death, critical illness, or accidents, aligned with long-term financial goals.
The company has a market cap of Rs. 56,481 crore and is currently trading at Rs. 1,638. FIIs hold 44.71 percent in the company, while the stock has risen 58.06 percent over the past six months.
Written By Manan Gangwar
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