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Source : http://www.moneycontrol.com
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last activity : 07 06 2010 20:18:04 +0000
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10 Companies that FIIs Love
The last boom in the Indian stock markets was unarguably driven by Foreign Institutional Investors (FIIs). These were companies placing their bets on the Indian growth story and rushing hot money in the stock markets.
Below are the top 10 companies that have the largest share of FIIs, and hence love the most!
(All figures as of October 9, 2009)
In FIRST place:
Name of company: Sybly Industries Limited
FII share in company: 74.18 %
Best known for: Manufacturing Polyester Yarn and Mercerised Cotton Yarn
In 2nd place:
Name of company: Indiabulls Real Estate
FII share in company: 67.43 %
Best known for: Real Estate
In 3rd place:
Name of company: H D F C
FII share in company: 59.85 %
Best known for: Private sector banking
In 4th place:
Name of company: Geodesic
FII share in company: 53.47 %
Best known for: Developing products in the information, communication and entertainment space.
In 5th place:
Name of company: Amtek Auto
FII share in company: 50.84 %
Best known for: Manufacturing automotive components
In 6th place:
Name of company: IVRCL Infrastructure
FII share in company: 48.04 %
Best known for: Infrastructure sectors like Water & Environment, Transportation, Buildings, and Power
In 7th place:
Name of company: Prajay Engineering
FII share in company: 42.55 %
Best known for: Real estate
In 8th place:
Name of company: Amtek India
FII share in company: 42.55 %
In 9th place:
Name of company: Jain Irrigation
FII share in company: 42.02 %
In 10th place:
Name of company: Logix Microsystems
FII share in company: 41.96 %
Best known for: Software Products Company
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