Large Cap Stocks With Highest DII Holdings in 2026: A Financial Comparison
Introduction
Large cap stocks with substantial Domestic Institutional Investor (DII) ownership can offer useful insights into how domestic institutions are positioned across the equity market. However, DII participation is only one factor to consider when assessing a stock, as valuation, profitability, growth and financial strength also influence the overall picture . This article compares selected large cap stocks based on their DII and FII holdings, key valuation ratios and fundamental performance indicators. The comparison is intended for educational purposes and should not be considered a recommendation to buy or sell any particular stock . Considering the largest stock broker in India? Explore brokerage charges, platform features and trading tools to compare your options.
What Are DII Holding Stocks?
DII holding stocks are companies in which domestic institutional investors own shares. DIIs include mutual funds, insurance companies, banks, pension funds and other domestic financial institutions . A change in DII ownership can indicate a change in the proportion of shares held by these institutions. However, the percentage should not be interpreted independently of the company's financial performance, valuation and business outlook . Foreign Institutional Investors (FIIs), meanwhile, are overseas institutions investing in Indian securities. Their participation can be influenced by global interest rates, currency movements, international economic conditions and emerging-market sentiment . Comparing DII and FII holdings can therefore provide a broader picture of institutional participation in a company.
Large Cap Stocks With High DII Holding in 2026
Financial ratios and market capitalisation are based on the latest available data as of 8 Aug 2026, while shareholding data is based on the June 2026 quarter.
|
Company |
Sector |
Market Cap (? Cr.) |
DII Holding Jun 2026 |
FII Holding Jun 2026 |
|
FMCG |
3,57,716.32 |
49.13% |
34.23% |
|
|
Infrastructure |
5,58,051.28 |
43.01% |
19.13% |
|
|
IT |
4,76,862.23 |
42.78% |
27.09% |
|
|
Banking |
3,85,222.21 |
42.69% |
39.91% |
|
|
Banking |
10,19,709.84 |
42.32% |
33.79% |
|
|
Banking |
11,26,426.53 |
41.75% |
41.82% |
|
|
Consumer Services |
3,03,986.05 |
39.21% |
29.09% |
|
|
Banking |
3,88,693.51 |
37.71% |
25.21% |
|
|
IT |
1,60,243.87 |
36.92% |
18.66% |
Note: Shareholding data is as of June 2026.
Among the selected companies, ITC has the highest DII holding at 49.13%, while Tech Mahindra has the lowest at 36.92%. The difference between the highest and lowest DII holding is 12.21 percentage points.
Comparing the Financial Metrics
DII ownership provides only one part of the comparison. The following table brings together key valuation, profitability and growth indicators.
|
Company |
P/E |
P/B |
ROE |
ROCE |
Sales Growth |
Profit Growth |
Dividend Yield |
|
18.87 |
4.90 |
29.63% |
38.38% |
3.83% |
0.96% |
5.08% |
|
|
14.95 |
1.82 |
12.78% |
10.93% |
— |
-7.27% |
0.08% |
|
|
76.90 |
7.07 |
8.60% |
12.58% |
7.84% |
-42.16% |
0.94% |
|
|
15.71 |
5.51 |
35.28% |
46.33% |
8.95% |
14.25% |
4.09% |
|
|
14.90 |
1.95 |
14.14% |
12.91% |
— |
10.87% |
2.12% |
|
|
19.54 |
2.94 |
16.25% |
17.11% |
— |
6.18% |
0.84% |
|
|
41.96 |
7.08 |
17.66% |
23.28% |
9.66% |
10.07% |
3.09% |
|
|
26.18 |
2.79 |
11.10% |
12.21% |
— |
-14.85% |
0.17% |
|
|
115.23 |
8.38 |
7.75% |
8.43% |
26.48% |
35.46% |
0% |
The table shows considerable differences across the companies. P/E ranges from 14.90 for HDFC Bank to 115.23 for Eternal, while ROE ranges from 7.75% for Eternal to 35.28% for Infosys. These differences highlight why institutional ownership needs to be considered alongside company-specific financial metrics.
DII Holding Trend: March vs June 2026
Looking at changes in ownership provides another perspective on high DII holding stocks.
|
Company |
DII Mar 2026 |
DII Jun 2026 |
Change |
|
49.15% |
49.13% |
-0.02 pp |
|
|
43.35% |
42.69% |
-0.66 pp |
|
|
43.32% |
43.01% |
-0.31 pp |
|
|
43.19% |
42.78% |
-0.41 pp |
|
|
40.14% |
41.75% |
+1.61 pp |
|
|
39.94% |
42.32% |
+2.38 pp |
|
|
37.34% |
36.92% |
-0.42 pp |
|
|
36.19% |
37.71% |
+1.52 pp |
|
|
35.88% |
39.21% |
+3.33 pp |
Eternal recorded the largest increase in DII ownership during the period, followed by ICICI Bank. HDFC Bank and Kotak Mahindra Bank also recorded increases.
On the other hand, Axis Bank recorded the largest decline among the selected companies, while ITC's DII holding remained almost unchanged.
These changes illustrate that the stocks with highest DII holdings do not necessarily have the largest quarter-on-quarter increase in institutional ownership.
Company-Wise Comparison
ITC
ITC recorded the highest DII holding at 49.13% in June 2026. Its P/E stood at 18.87, while ROE and ROCE were 29.63% and 38.38%, respectively. The company also recorded a dividend yield of 5.08%.
Axis Bank
Axis Bank had DII ownership of 42.69%, compared with 43.35% in March. Its P/E was 14.95 and P/B was 1.82. The supplied data shows ROE of 12.78% and profit growth of -7.27%.
Larsen & Toubro
L&T recorded DII ownership of 43.01%. Its market capitalization was ?5,58,051.28 crore. The company had a P/E of 76.90, ROE of 8.60% and ROCE of 12.58%, while sales growth stood at 7.84%.
Infosys
Infosys reported DII ownership of 42.78%. Its P/E was 15.71, with ROE of 35.28% and ROCE of 46.33%. Sales growth stood at 8.95%, while profit growth was 14.25%.
HDFC Bank
HDFC Bank recorded DII ownership of 41.75%, up from 40.14% in March. Its FII holding stood at 41.82%, making the two institutional ownership percentages nearly equal. The bank's P/E was 14.90 and ROE was 14.14%.
ICICI Bank
ICICI Bank's DII holding increased from 39.94% to 42.32%. Its P/E was 19.54, P/B was 2.94 and ROE stood at 16.25%. Profit growth was 6.18%.
Tech Mahindra
Tech Mahindra recorded DII ownership of 36.92%. Its P/E stood at 41.96 and dividend yield was 3.09%. The company reported sales growth of 9.66% and profit growth of 10.07%, with zero debt in the supplied data.
Kotak Mahindra Bank
Kotak Mahindra Bank's DII holding increased from 36.19% to 37.71%. Its P/E was 26.18 and P/B was 2.79. ROE stood at 11.10%, while profit growth was -14.85%.
Eternal
Eternal recorded DII ownership of 39.21%, up from 35.88% in March. It also posted the highest rise in DII ownership among the companies compared, increasing by 3.33 percentage points. Its supplied data shows sales growth of 26.48% and profit growth of 35.46%, alongside a P/E of 115.23.
DII Holding vs Financial Performance
The comparison shows that a high DII holding does not correspond to a single financial profile. For example, companies with DII ownership above 40% include businesses with different P/E ratios, profitability levels and growth rates.
Similarly, the large capitalization stock category includes companies operating across multiple industries. A banking company, IT services company, FMCG business and infrastructure company can have different financial ratios and operating cycles.
Investors may also encounter BSE large cap stocks while screening companies based on market capitalisation. Exchange classification, market capitalisation and institutional ownership are distinct factors and should be evaluated separately.
The same principle applies to DII holding penny stocks. Smaller companies can have substantially different liquidity, volatility and risk characteristics, so their institutional ownership should not be directly compared with established large-cap companies.
How to Track Large Cap Stocks
Investors can track shareholding patterns through exchange disclosures, company filings and stock-screening platforms. A stock investment app can also provide tools for monitoring prices, portfolios and market information.
Investors can compare different platforms based on brokerage, account charges, research facilities, trading tools and overall usability. These factors can be considered alongside the availability of market and institutional ownership information.
Conclusion
The comparison of these large cap stocks shows that DII participation varies considerably across companies and sectors. ITC recorded the highest DII holding at 49.13% in June 2026, while Tech Mahindra recorded 36.92%. Eternal saw the largest increase in DII ownership between March and June, while ICICI Bank, HDFC Bank and Kotak Mahindra Bank also recorded increases . The financial comparison also shows substantial differences in P/E, P/B, ROE, ROCE, sales growth, profit growth and dividend yield. Therefore, DII ownership should be viewed as one component of broader equity analysis rather than a standalone indicator of future performance . Investors evaluating platforms can also compare factors relevant to the best trading account in India, including costs, available tools and services, before selecting an account . The companies discussed in this article are presented solely for comparison based on the supplied data. The information is for educational purposes and does not constitute investment advice or a recommendation to buy, hold or sell any particular stock.
Frequently Asked Questions
What are large cap stocks?
Large cap stocks are shares of companies with relatively high market capitalisation. They generally represent established businesses and span sectors such as banking, IT, FMCG and infrastructure.
Which company has the highest DII holding in this comparison?
ITC has the highest DII holding among the nine selected companies, at 49.13% as of June 2026.
Which company recorded the largest increase in DII holding?
Eternal recorded the largest increase, with DII ownership rising from 35.88% in March to 39.21% in June 2026.
What are high FII and DII holding stocks?
These are companies where both foreign and domestic institutional investors hold significant ownership percentages. The relative share of FII and DII ownership can be compared to understand the composition of institutional participation.
Does high DII ownership mean a stock is a good investment?
No. DII ownership only indicates the level of domestic institutional participation. Investors should also consider valuation, earnings, profitability, financial strength, growth prospects and sector-specific factors before making investment decisions.
Disclaimer : This blog is dedicated exclusively for educational purposes. Please note that the securities and investments mentioned here are provided for informative purposes only and should not be construed as recommendations. Kindly ensure thorough research prior to making any investment decisions. Participation in the securities market carries inherent risks, and it's important to carefully review all associated documents before committing to investments. Please be aware that the attainment of investment objectives is not guaranteed. It's important to note that the past performance of securities and instruments does not reliably predict future performance.
