New Delhi: A total of 191 foreign investors have exited Reliance Industries stock in the past two financial years, while companies like ITC, Sun Pharma and TCS have seen a larger number of overseas shareholders coming in.

However, the overall stake of foreign investors increased marginally in the energy giant to 17.76 per cent from 17.7 per cent during the period.

Infosys, Tata Steel and Hindalco also saw significant level exit of FIIs during the past two fiscals.

The number of Foreign Institutional Investors (FII) shareholders in RIL fell from a record 1,276 at the end of March 2011 to 1,085 as of March 31, 2013, according to latest information available with the stock exchanges.

Overall, RIL continued to top the list of stocks with maximum number of FII shareholders. The energy giant is closely followed by private sector lender ICICI Bank with 1,064 FII shareholders, while mortgage lender HDFC has 1,061 overseas shareholders.

Broadly, the entry and exit of FIIs impacts the company's stock prices. The aggregate number of FIIs stake in a scrip indicates foreign investors' interest in a company.

Of 30 blue-chips on the BSE index, Sensex, only eight saw decline in the number of FII shareholders in the past two fiscal years, while the remaining 22 witnessed an increase.

Moreover, 15 of the Sensex companies witnessed an addition of at least 100 new FII shareholders during the period.

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