The Indian stock market is currently at its all-time high. The contribution of blue chip large cap companies in this strong performance of Sensex and Nifty index is huge. But investors are now eyeing value stocks in the broader markets. It includes many stocks from the small-cap sector which can give excellent returns to its investors. But there is also a risk in this. Many small investors prefer to build their portfolios like Domestic Institutional Investors (DIIs) and Foreign Institutional Investors (FIIs). These investors look for stocks that have a higher exposure to institutional investors. Here we are telling you about those stocks in which foreign investors invest the most.
According to Ace Equity, CarTrade Tech, a multi-channel auto platform, topped the list. According to the data for the March quarter, the foreign investors’ stake in smallcap companies is 69.95 per cent. The market cap of the company is Rs 2,242.6 crore. In the last financial year, the company’s total sales were Rs 364 crore and net profit was Rs 34 crore. Second on the list is Reddington Limited, a technology solutions provider. This company has 60.50 percent foreign stake. The market cap of this company is Rs 14,570 crore. Last year its total sales were Rs 79,377 crore and net profit was Rs 1,392 crore.
Other companies are also at the forefront of the list
Kiri Industries, a chemical sector company, is at number three in this list. The share of foreign investors in this is 46.53 percent. The market cap of the company is Rs 1,447 crore. Piramal Pharma is fourth on the list with 39.28% foreign stake. Its market cap is Rs 10,841 crore. Standard Industries is fifth in the list with 38.86 per cent foreign shareholding. Its market value is Rs 157.4 crore. Foreign investors hold 38.83 per cent in Awas Financiers, 38.63 per cent in Aster DM Healthcare, 38.10 per cent in Sansera Engineering, 36.47 per cent in TeamLease Services and 36.19 per cent in Amara Raja Batteries.
