In this article, we will discuss the 9 Best Indian Stocks to Buy According to Hedge Funds.
On April 10, IBEF (India Brand Equity Foundation) highlighted a revision to India’s growth rate forecast to 6.6% from 6.3%. This is backed by increased domestic demand, stability in exports, and the beneficial impact of FTAs with the UK and EU progress. This is as per the most recent forecast issued by the World Bank, noted IBEF.
According to the regional outlook statement, India is expected to be a driving force behind growth in South Asia, thanks to healthy household consumption, reduction in tariffs, as well as stronger global trade integration with countries such as the UK and the European Union.
On April 14, Forbes noted that the IMF’s April 2026 World Economic Outlook demonstrated India as one of the handful of resilient economies. This comes at a time when the broader global outlook is being impacted by the West Asia conflict.
Amidst such trends, we will now have a look at the 9 Best Indian Stocks to Buy According to Hedge Funds.
Our Methodology
To list the 9 Best Indian Stocks to Buy According to Hedge Funds, we used a screener to shortlist the Indian stocks that trade on US exchanges. We also mentioned the hedge fund sentiments around each stock, as of Q4 2025.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
9 Best Indian Stocks to Buy According to Hedge Funds
9. Sify Technologies Limited (NASDAQ:SIFY)
Number of Hedge Fund Holders: 4
Sify Technologies Limited (NASDAQ:SIFY) is one of the Best Indian Stocks to Buy According to Hedge Funds. On April 13, the company released consolidated financial results for FY 2025-26, with revenue coming at INR 44,877 million, reflecting a rise of 13% YoY. Sify Technologies Limited (NASDAQ:SIFY)’s EBITDA amounted to INR 9,871 million, implying a rise of 31% YoY. Coming to the revenue split for FY 2026, network services made up 39%, data center services accounted for 39%, and digital services made up 22%.
Sify Technologies Limited (NASDAQ:SIFY) continues to focus on expansion of its Data Center footprint to include new and emerging locations, augmenting capacity at the current facilities in order to address immediate demand as well as further bolstering the network and cloud interconnect ecosystem. The initiatives are being executed with an emphasis on cost competitiveness, fiscal discipline, and cash flow optimization. Sify Technologies Limited (NASDAQ:SIFY)’s cash balance at the end of the year stood at INR 5,071 million.
Sify Technologies Limited (NASDAQ:SIFY) is engaged in providing information and communication technology solutions and services.
8. Yatra Online, Inc. (NASDAQ:YTRA)
Number of Hedge Fund Holders: 8
Yatra Online, Inc. (NASDAQ:YTRA) is one of the Best Indian Stocks to Buy According to Hedge Funds. The company announced its results for Q3 2026, with the overall gross bookings increasing by 21% YoY, thanks to a strong recovery in the Consumer (B2C) business, strength in the corporate segment, as well as growth in affiliate network partners for hotels. Yatra Online, Inc. (NASDAQ:YTRA) highlighted that the B2C business is starting to deliver strong growth with positive unit economics.
Yatra Online, Inc. (NASDAQ:YTRA)’s corporate and MICE businesses witnessed the impact of disruption in the broader domestic aviation industry in India. Notably, a significant amount of MICE business was pushed into Q4 2026 and Q1 2027. For Q3 2026, on a consolidated basis, the company’s revenue from operations went up by 9% YoY to INR 2,568 million. This was supported by steady demand throughout critical segments amidst healthy growth from its air-ticketing business.
Yatra Online, Inc. (NASDAQ:YTRA) is an online travel company.
7. Dr. Reddy’s Laboratories Limited (NYSE:RDY)
Number of Hedge Fund Holders: 10
Dr. Reddy’s Laboratories Limited (NYSE:RDY) is one of the Best Indian Stocks to Buy According to Hedge Funds. On March 21, the company announced the rollout of its injectable semaglutide under the brand name Obeda®. This demonstrates a critical step in the expansion of access to advanced GLP‑1 receptor agonist–based therapy for managing type 2 diabetes in India.
Dr. Reddy’s Laboratories Limited (NYSE:RDY) is the first Indian company to get the DCGI (Drugs Controller General of India) approval for generic semaglutide.
Dr. Reddy’s Laboratories Limited (NYSE:RDY), while quoting the ICMR‑INDIAB study, noted that India has one of the world’s largest diabetes burdens, as more than 101 million adults live with this condition. Semaglutide, which is a GLP‑1 receptor agonist, can improve glycaemic control and help with weight management if used as part of the comprehensive treatment plan. Given that API development, manufacturing, and formulation development occur in-house, Obeda® demonstrates Dr. Reddy’s Laboratories Limited (NYSE:RDY)’s strength in complex product development and peptide science.
Dr. Reddy’s Laboratories Limited (NYSE:RDY) operates as a pharmaceutical company.
6. Wipro Limited (NYSE:WIT)
Number of Hedge Fund Holders: 17
Wipro Limited (NYSE:WIT) is one of the Best Indian Stocks to Buy According to Hedge Funds. On April 16, Reuters noted that Wipro Limited (NYSE:WIT) expects a weak Q1 2027 because of muted demand. The company’s US banking and financial clients decided to curb spending amidst an uncertain economic environment. Furthermore, the company released its Q4 2026 results, with consolidated revenue rising 7.7% YoY to INR 242.36 billion, falling short of the LSEG-compiled estimates of INR 243.63 billion.
Also, the company’s net profit declined 1.9% to INR 35.02 billion, marginally below the estimate of INR 35.07 billion. However, Wipro Limited (NYSE:WIT) announced a record share buyback of up to INR 150 billion ($1.61 billion). The company expects Q1 2027 revenue of $2.60 billion – $2.65 billion, reflecting a 2% sequential decline to flat growth. Reuters, while quoting Jefferies, highlighted that the Q1 2027 forecast was a disappointment, while the buyback size surpassed expectations.
Wipro Limited (NYSE:WIT) operates as an IT, consulting, and business process services company.
While we acknowledge the potential of WIT to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than WIT and that has 100x upside potential, check out our report about the cheapest AI stock.
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