Vodafone is India’s most searched UK stock

According to a recent study, Vodafone is India’s most searched UK stock, with 59,500 monthly searches. There are over an estimated 300,000 monthly searches for UK stocks in India.

The study, by UK financial services provider CMC Markets, analysed Google search data for over 250 top UK stocks in the most populated countries and found that Vodafone, Unilever, and Shell were the top three searches in India. Vodafone represents every one in five national searches for UK stocks.

Telecommunications group Vodafone (LSE: VOD) is India’s most popular UK stock, with 59,500 monthly searches. Searches for Vodafone make up almost one in five of India’s UK stock searches. Vodafone Idea, a result of a merger between Vodafone India and Idea Cellular, is the third-largest telecom operator in the country and the eleventh-largest worldwide. Its headquarters is based in Mumbai.

Multinational consumer goods company Unilever (LSE: ULVR) is India’s second most searched UK stock. With an estimated 24,500 monthly searches for the stock, the volume is less than half of Vodafone’s, representing just over seven in 100 national UK stock searches.

Oil and gas company Shell (LSE: SHEL), which recently announced record profits of $40 billion, is India’s third most popular UK stock, with 11,720 monthly searches. Searches for Shell make up over one in 12 average monthly global searches for UK stocks.

International banking group HSBC (LSE: HSBA) is the fourth most popular UK stock nationally. 10,300 monthly searches are made for its stock in India, with ‘HSBC share price’ being the top search term at a volume of 8,300 per month.

International media group Future is the country’s fifth most popular UK stock. There are an estimated 9,660 national searches for Future stock per month. The company owns over 200 film, print, and digital media brands. India has the third largest traffic share to the company’s website, behind the UK and USA, and has previously worked with Times Internet India to launch TechRadar India.

A spokesman from CMC Markets commented:

“There are over 16.6 million estimated monthly searches for UK stocks worldwide, with just over one in four searches coming from outside the UK.

These findings highlight UK companies’ global reach and popularity as publicly traded companies. The high search volume for these stocks indicates strong consumer interest in these companies and their financial performance.

It is also worth noting that the average monthly search volume for these stocks indicates consumer sentiment toward the stock. Investors should take note of the high search volume for the top five stocks in India, as this may indicate strong potential for growth in these companies.

The study provides valuable insight into consumer sentiment toward UK stocks internationally. The findings of the study can help investors make more informed decisions when it comes to investing in UK stocks”.

This study was conducted by CMC Markets, a UK-based financial services company that offers online trading in shares, spread betting, contracts for difference and foreign exchange across world markets.

CT Bureau