8 Indian Stocks that Foreign Investors Love


3) ITC 

ITC is an Indian conglomerate, head-quartered in Kolkata. Its core business areas include - Agri Business, Paper & Packaging, Paperboards and FMCG. Yogesh Chander Deveshwar is the Chairman of ITC. It has more than 24,027 employees since the year 2009.

FIIs bought 7,796,159,710 shares of ITC in December 2011, 7,705,947,280 shares in December 2010 and 3,795,325,160 shares in 2009. These numbers clearly indicate an increasing trend in FII investments.

ITC registered a net profit after tax of 15143.10 million in the September quarter, 2011. Its net profit for the quarter ended September 30, 2010 was 12467.40 million. Its total income increased from 53001.30 million for the quarter ended September 30, 2010 to 62660.20 million for the same quarter.