TCS and 3 other large-cap IT stocks in which FIIs reduced stake in Q4 to keep an eye on

Nifty IT Index has fallen over 23 percent from its 52-week High of 46,088 that it had made in December of 2024. Several reasons can be attributed to the downfall, like Global Economic Concerns, IT companies’ specific Issues and Earnings, and Overall  Investor sentiment and profit booking because of recent global Uncertainty. 

FII’s have continuously sold their stake in the Indian Stock market from September of last year up until March of this Year. And IT, being a high FII-held sector, had to bear a lot of FII selling. 

Here is the list of 4 Stocks out of the top 5 IT stocks based on Market cap in which FIIs have reduced their stake in Q4 of FY25.

Headquartered in Mumbai, TCS is one of the world’s largest IT companies in the world which is a part of the Tata Group, India’s largest conglomerate. The company has a global presence in several countries and serves clients in diverse sectors, including banking & financial services, healthcare, retail, manufacturing, and technology.

FIIs held 12.68 percent of the Company in Q3FY25 and have reduced 0.64 percent of their total stake and now hold 12.04 percent in Q4FY25. TCS Has a Market Capitalization of Rs. 12,34,708 Crores.  

Established in 1981 and headquartered in Bangalore, Infosys is a global leader in next-generation digital services and consulting. The company offers a broad portfolio of services, including IT consulting, software development, business process management, cloud computing, AI, and digital transformation.

FIIs held 33.30 percent of the Company in Q3FY25; they have reduced 0.41 percent of their total stake and now hold 32.89 percent in Q4FY25. Infosys has a Market Capitalization of Rs. 6,11,630 Crores.

Also read: Telecom stock jumps over 5% after partnership with Taiwan-based Avix Technology

Headquartered in Noida, HCL Tech is a leading global IT services and consulting company and has established itself as one of India’s top IT firms. Companyo offers a range of services including software development, infrastructure management, digital transformation, cloud computing, cybersecurity, engineering services, and enterprise solutions.

FIIs held 19.38 percent of the Company in Q3FY25; they have reduced 0.23 percent of their total stake and now hold 19.15 percent in Q4FY25. HCL Tech has a Market Capitalization of Rs. 4,32,693 Crores.

Headquartered in Pune and a part of the Mahindra Group, Tech Mahindra is a leading Indian Multinational IT and BPO company. The company specializes in digital transformation, consulting, and business re-engineering services with a strong focus on next-generation technologies.

FIIs held 24.19 percent of the Company in Q3FY25; they have reduced 1.24 percent of their total stake and now hold 22.95 percent in Q4FY25. Tech Mahindra Has a Market Capitalization of Rs. 1,41,234 Crores.

On the Contrary, Wipro is the only company among the top 5 Large IT companies in which FIIs have increased their stake from 7.81 percent in Q3FY25 to 8.35 percent in Q4FY25. Wipro has a Market Capitalization of Rs. 2,54,585 Crore.

Written By Abhishek Das  

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