Domestic Institutional Investors Boost Holdings in 10 Major Indian Stocks with Up to Rs 22,600 Crore Net Buying in June Quarter
Key Takeaways
- •ICICI Bank drew the highest DII net buying at Rs 22,646 crore, and its stock rose 14.04% in the quarter.
- •HDFC Bank and Reliance Industries were the next two largest DII purchases by value, at Rs 16,987 crore and Rs 11,796 crore, respectively.
- •Reliance Industries was the only stock on the list that fell during the quarter despite increased DII ownership, declining 3.72%.
- •Adani Enterprises posted the strongest share-price performance among the listed stocks, rising 72.62% after Rs 9,130 crore of net DII buying.
- •Eternal saw the largest increase in shares held by DIIs, with holdings rising by 32.13 crore shares over the quarter.
Domestic institutional investors (DIIs) — a category encompassing mutual funds, insurance companies, pension funds, and other domestic financial institutions — significantly increased their stakes across a range of Indian companies during the June quarter (Q1), with net purchases reaching as high as Rs 22,646 crore in individual stocks. Between March 31 and June 30, DII holdings rose sharply in several prominent firms, even as stock price performances varied considerably over the same period. The breadth of buying spanned financial services, energy, telecom, consumer-facing platforms, and conglomerates, reflecting broad-based domestic institutional appetite across sectors rather than a single thematic concentration.
ICICI Bank
DIIs added 17.50 crore shares to their position in ICICI Bank between March 31 and June 30, bringing total holdings to 305 crore shares. Net buying amounted to Rs 22,646 crore — the largest on the list — while the stock price advanced 14.04% during the quarter.
HDFC Bank
HDFC Bank saw DII holdings increase by 21.94 crore shares, taking the total to 559 crore shares. Net purchasing reached Rs 16,987 crore, and the stock gained 9.08% over the period.
Reliance Industries
DIIs raised their stake in Reliance Industries by 8.76 crore shares, bringing total holdings to 283 crore shares. Net buying stood at Rs 11,796 crore, even though the stock declined 3.72% during the quarter. This made Reliance the only stock on the list where DII accumulation coincided with a price drawdown, even as three of the four largest positions by net value were in private-sector banks.
Adani Enterprises
Adani Enterprises recorded a DII holding increase of 3.48 crore shares, taking the total to 12.15 crore shares. Net purchases totaled Rs 9,130 crore, while the stock surged 72.62% — the strongest gain among the listed companies.
Eternal
DIIs increased their position in Eternal by 32.13 crore shares between March 31 and June 30, the largest share-volume increase on the list, bringing total holdings to 379 crore shares. Net buying was Rs 7,979 crore, and the stock rose 15.56%.
Lenskart Solutions
DII holdings in Lenskart Solutions grew by 14.10 crore shares, reaching a total of 41 crore shares. Net buying amounted to Rs 7,103 crore, with the stock gaining 3.13%.
Bajaj Finance
DIIs added 7.63 crore shares to their Bajaj Finance holdings, taking the total to 102.12 crore shares. Net purchases stood at Rs 7,022 crore, while the stock price climbed 25.35%.
Bharti Airtel
Bharti Airtel saw DII holdings increase by 3.72 crore shares, bringing total holdings to 129.59 crore shares. Net buying was Rs 6,882 crore, and the stock gained 3.90%.
Kotak Mahindra Bank
DIIs raised their stake in Kotak Mahindra Bank by 15.21 crore shares, taking total holdings to 373.91 crore shares. Net purchases amounted to Rs 5,811 crore, while the stock advanced 10.99%.
Gujarat Energy (Jaquar Energy)
DII holdings in Jaquar Energy increased by 14.53 crore shares between March 31 and June 30, bringing the total to 29.52 crore shares. Net buying stood at Rs 5,298 crore, and the stock gained 6.44%.
Source: Economic Times Markets
