Backed by FIIs and MFs, these 9 microcap stocks surge up to 60% in CY25

In the year 2025 (CY25) so far, the benchmark Nifty index has rallied 3.25%, while the Nifty Microcap 250 index has declined by about 16%. Despite the overall weakness in the microcap segment, several stocks within the space have delivered notable returns. What makes this trend more compelling is the growing interest from large institutional investors, including Foreign Institutional Investors (FIIs) and Mutual Funds (MFs), who are increasingly betting on these microcap names. This is because institutional investors typically invest in stocks only after conducting thorough research and analysis.

According to an analysis by ETMarkets, institutional investors—including both FIIs and MFs—raised their holdings in 66 Nifty microcap stocks during the March 2025 quarter compared to the December 2024 quarter. While many of these stocks saw significant declines, the analysis highlights nine stocks that have stood out by delivering returns between 10% and 60% in CY25 so far. (Data Source: ACE Equity)

The Nifty Microcap 250 index aims to track the performance of microcap stocks listed on the NSE. The index includes the top 250 companies beyond the Nifty 500 index constituents, selected based on their average full market capitalization. A stock’s weight is based on its free-float market capitalization.

Stock Performance (CY25): Up 62%, from Rs 872 to Rs 1,413

FII Holdings: Increased from 19.51% (Dec '24) to 20.41% (Mar '25)

MF Holdings: Rose from 0.83% to 1.48%

Stock Performance (CY25): Up 58%, from Rs 6,502 to Rs 10,285

FII Holdings: Slight increase from 8.15% to 8.36%

MF Holdings: Rose from 0.39% to 0.75%

Stock Performance (CY25): Gained 36%, rising from Rs 1,008 to Rs 1,369

FII Holdings: Increased from 4.84% to 5.24%

MF Holdings: Slightly up from 1.04% to 1.11%

Stock Performance (CY25): Up 30%, from Rs 110 to Rs 143

FII Holdings: Jumped from 5.40% to 7.17%

MF Holdings: Also up, from 23.29% to 24.06%

Stock Performance (CY25): Increased 21%, from Rs 34 to Rs 41

FII Holdings: Rose from 17.87% to 19.51%

MF Holdings: Up from 3.83% to 4.73%

Stock Performance (CY25): Gained 17%, from Rs 9,617 to Rs 11,280

FII Holdings: Stable, from 4.89% (Dec '24) to 4.90% (Mar '25)

MF Holdings: Slight increase from 2.76% to 3.03%

Stock Performance (CY25): Up 12%, from Rs 314 to Rs 351

FII Holdings: Increased from 12.80% to 13.07%

MF Holdings: Marginal rise from 15.69% to 15.93%

Stock Performance (CY25): Gained 11%, from Rs 1,445 to Rs 1,609

FII Holdings: Jumped from 5.42% to 7.38%

MF Holdings: Rose from 9.39% to 11.64%

Stock Performance (CY25): Up 10%, from Rs 768 to Rs 842

FII Holdings: Slightly up from 5.19% (Dec '24) to 5.30% (Mar '25)

MF Holdings: Increased from 10.79% to 11.21%