India, Aug. 24 -- Synopsis: FII-backed stocks have outperformed sharply in the past six months, with companies like One97 Communications, Delhivery, CarTrade Tech, Le Travenues Technology, and Max Financial Services delivering returns of over 50 percent. With foreign ownership exceeding 40 percent in each, these stocks remain strong investor favourites in the Indian market.

Foreign institutional investors (FIIs) have consistently played a crucial role in driving momentum in Indian equities. In the past six months, several FII-backed companies have delivered exceptional returns, with some stocks surging more than 50 percent. Here are five such stocks where FIIs hold more than 40 percent stake and which have rewarded investors handsomely....