FII ownership: Paras Defence, TVS Supply Chain, Garware Hi Tech and others see the highest increase in FII holding

Foreign Institutional Investors (FII) were in the limelight for relentlessly selling Indian equities throughout FY25. High valuations, weakness in economic growth, and slower government and private capex were some of the key factors behind the pessimistic outlook on Indian markets. However, things seem to be changing in Q1FY26 as FII reduced their selling and started buying into Indian equities again. According to NSDL data, FIIs have turned net buyers for Indian equities in April 2025 to the tune of ₹1,872 crore up to April 29. This net buying comes after huge selling in Q4FY25 for a worth of nearly ₹1.15 lakh crore.

Here are the top five stocks that witnessed the highest increase in FII holdings

Paras Defence and Space Technologies

TVS Supply Chain Solutions

The company witnessed more than a 1400% increase in the FII shareholding in the past four quarters. The current FII holding stands at 3.58%, substantially higher than 0.24% in the previous year's similar quarter. The company faced significant volatility in financials from being profitable in Q1FY25 to a net loss in Q3FY25, as the company faces external headwinds in overseas contracts. However, investors sound optimistic on the back of ₹4,500 crore pending orders as of Q3FY25.

Garware Hi Tech Films

The leading player in high-tech polyester films and high-speciality films witnessed significant interest from FIIs as their holding in the company jumped from 0.30% in Q4FY24 to 3.49% in Q4FY25. The buying interest was primarily driven by strong financial growth and an optimistic outlook by the management. The management expects to clock ₹2,600 revenue in FY26 with operating margins of 25%. Shares of Garware Hi Tech Films nearly doubled in the past four quarters amid increasing FII ownership in the company.

GE Vernova and T&D

The company is a key player in the transmission and distribution segment of GE’s Grid Solutions business in India. It has been operating in the segment for over 100 years and providing a range of services in the T&D segment. The shares of the company witnessed strong buying interest from FII as they increased their holding 1.2% in Q4FY24 to 13.2% in Q4FY25. The topline of the company has increased from ₹839 crore Q3FY24 to ₹1,074 crore in Q3FY25. Similarly, the net profit increased from ₹49 crore to ₹143 crore in the same period. As a result, the share price jumped more than 90% in FY25.

Apart from the above-mentioned stocks, Gillette India Ltd, The Anup Engineering Ltd, Paradeep Phosphates Ltd, Tips Music Ltd, Shriram Pistons & Rings Ltd, GR Infraprojects Ltd and more witnessed similar growth in FII holding in the past four quarters.