FIIs trim holdings in 11 midcap stocks over two quarters; shares fall up to 50% in 2026
By Ritesh Presswala, ETMarkets.com |
1/13
Midcap watch
Investors closely track FII activity for clues about foreign investor sentiment. While stocks witnessing increased FII ownership often attract attention, sustained selling can also offer useful insights. In the BSE midcap space, FIIs reduced their holdings in around 51 midcap companies over the March 2026 and June 2026 quarters, based on shareholding data.
Looking at stock performance in calendar year 2026 so far, more than half of these companies have delivered negative returns. Notably, around 11 midcap stocks declined between 15% and 50% during this period. However, FII selling did not necessarily translate into weaker stock performance across the board. Sona BLW Precision Forgings rallied 70%, while Nippon Life India Asset Management gained 42%, despite continued FII selling. (Data Source: ACE Equity)
Looking at stock performance in calendar year 2026 so far, more than half of these companies have delivered negative returns. Notably, around 11 midcap stocks declined between 15% and 50% during this period. However, FII selling did not necessarily translate into weaker stock performance across the board. Sona BLW Precision Forgings rallied 70%, while Nippon Life India Asset Management gained 42%, despite continued FII selling. (Data Source: ACE Equity)
2/13
KPIT Technologies
In CY26 so far, the stock has declined 50%, falling from Rs 1,174 to Rs 589. FII shareholding has also steadily decreased, from 13.57% in the December ’25 quarter to 13.25% in March ’26 and further to 13.22% in June ’26.
3/13
Rail Vikas Nigam
In CY26 so far, the stock has declined 37%, falling from Rs 357 to Rs 225. FII shareholding declined from 4.98% in the December ’25 quarter to 4.86% in March ’26 and further to 2.41% in June ’26.
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4/13
Hexaware Technologies
In CY26 so far, the stock has declined 30%, falling from Rs 765 to Rs 533. FII shareholding fell sharply from 8.15% in the December ’25 quarter to 4.20% in March ’26 and further to 3.19% in June ’26.
5/13
ACC
In CY26 so far, the stock has declined 25%, falling from Rs 1,737 to Rs 1,308. FII shareholding marginally decreased from 5.99% in the December ’25 quarter to 5.93% in March ’26 and further to 5.83% in June ’26.
6/13
Emami
In CY26 so far, the stock has declined 24%, falling from Rs 529 to Rs 403. FII shareholding decreased from 9.03% in the December ’25 quarter to 8.57% in March ’26 and further to 7.87% in June ’26.
7/13
PI Industries
In CY26 so far, the stock has declined 23%, falling from Rs 3,236 to Rs 2,498. FII shareholding declined from 15.97% in the December ’25 quarter to 15.87% in March ’26 and further to 14.83% in June ’26.
8/13
National Securities Depository
In CY26 so far, the stock has declined 22%, falling from Rs 1,063 to Rs 824. FII shareholding decreased from 3.29% in the December ’25 quarter to 3.15% in March ’26 and further to 1.87% in June ’26.
9/13
United Breweries
In CY26 so far, the stock has declined 17%, falling from Rs 1,621 to Rs 1,346. FII shareholding decreased from 5.50% in the December ’25 quarter to 4.94% in March ’26 and further to 4.87% in June ’26.
10/13
ITC Hotels
In CY26 so far, the stock has declined 16%, falling from Rs 197 to Rs 165. FII shareholding fell from 16.10% in the December ’25 quarter to 14.58% in March ’26 and further to 11.61% in June ’26.
11/13
Jindal Stainless
In CY26 so far, the stock has declined 16%, falling from Rs 838 to Rs 701. FII shareholding decreased from 21.53% in the December ’25 quarter to 20.87% in March ’26 and further to 20.45% in June ’26.
12/13
MRF
In CY26 so far, the stock has declined 13%, falling from Rs 1,52,761 to Rs 1,32,621. FII shareholding decreased from 18.18% in the December ’25 quarter to 17.98% in March ’26 and further to 17.43% in June ’26.
13/13
Blue Star
In CY26 so far, the stock has declined 13%, falling from Rs 1,735 to Rs 1,511. FII shareholding decreased from 14.66% in the December ’25 quarter to 13.80% in March ’26 and further to 12.75% in June ’26.