8 Indian Stocks that Foreign Investors Love
By
siliconindia | Thursday, February 9, 2012
7) RIL
Reliance Industries is an Indian conglomerate and is head-quartered in Mumbai. It deals with various products like – supermarkets, shoes, petroleum products, jewels, garments and many more. Mukesh Ambani is the M.D. and Chairman of RIL. RIL has more than 23,365 employees since the year 2010.
FIIs bought 3,274,624,498 shares of RIL in December 2011, 3,272,607,533 shares in December 2010 and 3,270,086,156 shares in December 2009. The growth in FII investments has been small but has been steadily increasing.
RIL registered a 9.8 percent decrease in its Q3 net profits in 2011 but fared better than the predictions of market analysts.

