Retail investor participation in the Indian equity markets continues to demonstrate strong momentum, with millions of individual investors expanding their presence across key sectors. In the first quarter of the financial year, several prominent listed companies recorded a substantial increase in their retail shareholder base, reflecting heightened interest in major market players. Here are top 10 stocks with highest increase in retail participation.

Vedanta

Vedanta recorded the highest quarterly increase, adding 4.86 lakh retail shareholders to grow its base from 20.52 lakh on March 31, 2026, to 25.38 lakh on June 30, 2026.

Wipro

The IT major secured second place by adding 4.08 lakh retail shareholders, expanding its total count from 25.50 lakh to 29.58 lakh.

Bajaj Auto

Bajaj Auto more than doubled its retail investor base by adding 3.27 lakh shareholders, rising from 2.94 lakh to 6.21 lakh.

HDFC Bank

The bank saw its retail shareholder count expand by 2.98 lakh, moving up from 41.10 lakh to 44.08 lakh.

Reliance Industries

RIL added 2.20 lakh retail shareholders during the quarter, bringing its total base from 42.52 lakh to 44.72 lakh.

Infosys

The IT giant increased its retail shareholder count by 2.04 lakh, growing from 26.43 lakh to 28.47 lakh.

Tata Consultancy Services

TCS added 1.50 lakh retail shareholders, expanding its base from 23.44 lakh to 24.94 lakh.

Gujarat Energy

Gujarat Energy registered an addition of 1.47 lakh retail shareholders, almost doubling its base from 1.68 lakh to 3.16 lakh.

HCL Technologies

HCLTech grew its retail shareholder base by 1.41 lakh, moving from 8.40 lakh to 9.81 lakh.

Ashok Leyland