Foreign Institutional Investors (FIIs) have reduced their holdings in around 45 large-cap stocks over two consecutive quarters — March 2025 and June 2025. About 24 of these stocks have delivered negative returns so far in calendar year 2025. Among them, 12 key underperformers stand out, with share prices plunging between 10% and 50% during the same period. (Data Source: ACE Equity)
While tracking where FIIs are investing is often seen as a smart strategy, it is equally important to observe where they are pulling out. FIIs typically rely on deep research and macro insights, so their decision to cut stakes in certain stocks can be a strong signal worth monitoring — whether as a warning sign or an indication of potential trend shifts.
TIL Creatives
2/14
Siemens
The stock has plunged 52% in CY25, falling from Rs 6,538 to Rs 3,171. FII holdings: 8.77% (Dec ’24), 8.19% (Mar ’25), 7.66% (Jun ’25)
Reuters
3/14
ABB India
Down 27% year-to-date, from Rs 6,914 to Rs 5,061. FII holdings: 11.84% (Dec ’24), 10.27% (Mar ’25), 9.25% (Jun ’25)
Reuters
4/14
Tata Consultancy Services (TCS)
The stock declined 25%, sliding from Rs 4,097 to Rs 3,054. FII holdings: 12.68% (Dec ’24), 12.04% (Mar ’25), 11.48% (Jun ’25)
Reuters
5/14
REC
Fell 25%, from Rs 501 to Rs 376 during CY25. FII holdings: 21.74% (Dec ’24), 20.48% (Mar ’25), 19.16% (Jun ’25)
Agencies
6/14
Trent
Down 24%, from Rs 7,116 to Rs 5,415. FII holdings: 21.68% (Dec ’24), 19.65% (Mar ’25), 18.39% (Jun ’25)
Reuters
7/14
HCL Technologies
Shares dropped 24%, from Rs 1,918 to Rs 1,466. FII holdings: 19.38% (Dec ’24), 19.15% (Mar ’25), 18.56% (Jun ’25)
ETMarkets.com
8/14
Infosys
The stock has lost 21%, declining from Rs 1,881 to Rs 1,488. FII holdings: 33.30% (Dec ’24), 32.89% (Mar ’25), 31.92% (Jun ’25)
ETMarkets.com
9/14
JSW Energy
Down 19%, from Rs 643 to Rs 518. FII holdings: 14.57% (Dec ’24), 13.42% (Mar ’25), 12.35% (Jun ’25)
Agencies
10/14
Varun Beverages
Dropped 19%, from Rs 638 to Rs 517. FII holdings: 25.27% (Dec ’24), 22.98% (Mar ’25), 21.86% (Jun ’25)
ETMarkets.com
11/14
NTPC Green Energy
Fell 19%, from Rs 127 to Rs 103. FII holdings: 2.18% (Dec ’24), 1.98% (Mar ’25), 1.85% (Jun ’25)
ETMarkets.com
12/14
ITC
Declined 18%, from Rs 484 to Rs 398. FII holdings: 40.17% (Dec ’24), 39.87% (Mar ’25), 37.98% (Jun ’25)
Agencies
13/14
Indian Railway Finance Corporation (IRFC)
Down 16%, from Rs 149 to Rs 125. FII holdings: 1.01% (Dec ’24), 0.98% (Mar ’25), 0.93% (Jun ’25)
ETMarkets.com
14/14
Sun Pharmaceutical Industries
Lost 13%, falling from Rs 1,885 to Rs 1,643. FII holdings: 18.05% (Dec ’24), 17.96% (Mar ’25), 17.26% (Jun ’25)