FIIs turn buyers after two quarters of selling; 15 stocks rally up to 265%, 6 turn multibaggers
By Ritesh Presswala, ETMarkets.com |
1/17
Back in Favor
After trimming exposure for two consecutive quarters, FIIs shifted gears in the March 2026 quarter, emerging as selective buyers in the broader market. They increased their stakes in 125 stocks with a market cap above Rs 2,500 crore, reversing the cautious stance seen during the June-September 2025 and September-December 2025 periods. The move indicates that fund managers, who had stayed on the sidelines earlier, are gradually re-entering the market in selected names.
In terms of stock performance, over the past one year, about 31 stocks delivered price returns of over 25%. FIIs are often considered informed investors, guided by deep research and long-term fundamentals, and their renewed buying after sustained selling typically reflects rising confidence in business prospects rather than expectations of short-term gains. We have highlighted the top 15 gainers, which surged 50-265% in just one year, including six multibaggers. (Data Source: ACE Equity)
In terms of stock performance, over the past one year, about 31 stocks delivered price returns of over 25%. FIIs are often considered informed investors, guided by deep research and long-term fundamentals, and their renewed buying after sustained selling typically reflects rising confidence in business prospects rather than expectations of short-term gains. We have highlighted the top 15 gainers, which surged 50-265% in just one year, including six multibaggers. (Data Source: ACE Equity)
2/17
Bajaj Consumer Care
Over the past year, the stock has surged 265%, rising from Rs 171 to Rs 625. FIIs increased their stake to 16.59% in the March ’26 quarter, up from 9.70% in December ’25. Earlier holdings were: Jun ’25 : 10.95% | Sept ’25 : 10.12% | Dec ’25 : 9.70%.
3/17
Acutaas Chemicals
The stock gained 198% in the last year, moving from Rs 1,090 to Rs 3,244. FIIs raised their holding to 19.48% in March ’26, compared to 16.67% in December ’25. Previous levels: Jun ’25 : 16.94% | Sept ’25 : 16.84% | Dec ’25 : 16.67%.
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4/17
Dee Development Engineers Ltd
In the last year, the stock rallied 147%, increasing from Rs 287 to Rs 709. FIIs increased their stake to 0.99% in March ’26 from 0.77% in December ’25. Earlier data: Jun ’25 : 0.81% | Sept ’25 : 0.79% | Dec ’25 : 0.77%.
5/17
SML Mahindra
The stock rose 125% over the past year, climbing from Rs 1,817 to Rs 4,091. FIIs increased holding to 0.77% in March ’26 from 0.61% in December ’25. Previous quarters: Jun ’25 : 15.73% | Sept ’25 : 1.80% | Dec ’25 : 0.61%.
6/17
United Foodbrands
Over the year, the stock advanced 104%, moving from Rs 316 to Rs 645. FIIs slightly increased their stake to 9.66% in March ’26 from 9.33% in December ’25. Earlier holdings: Jun ’25 : 10.14% | Sept ’25 : 9.68% | Dec ’25 : 9.33%.
7/17
RateGain Travel Technologies
The stock delivered a 102% gain in the last year, rising from Rs 431 to Rs 869. FIIs increased their holding to 5.35% in March ’26 from 4.97% in December ’25. Previous levels: Jun ’25 : 5.51% | Sept ’25 : 5.49% | Dec ’25 : 4.97%.
8/17
Stylam Industries
The stock climbed 99% over the year, moving from Rs 1,671 to Rs 3,323. FIIs increased their stake to 2.81% in March ’26 from 2.04% in December ’25. Earlier holdings: Jun ’25 : 2.79% | Sept ’25 : 2.77% | Dec ’25 : 2.04%.
9/17
Prime Focus
The stock rose 93% in the past year, from Rs 120 to Rs 231. FIIs increased holdings to 3.67% in March ’26 from 3.35% in December ’25. Earlier data: Jun ’25 : 10.24% | Sept ’25 : 3.37% | Dec ’25 : 3.35%.
10/17
Schneider Electric Infrastructure
The stock gained 77% over the year, rising from Rs 753 to Rs 1,333. FIIs increased stake to 3.18% in March ’26 from 3.02% in December ’25. Previous quarters: Jun ’25 : 3.10% | Sept ’25 : 3.08% | Dec ’25 : 3.02%.
11/17
Paras Defence And Space Technologies
The stock advanced 73%, moving from Rs 816 to Rs 1,411 in the last year. FIIs raised holdings to 5.06% in March ’26 from 4.92% in December ’25. Earlier levels: Jun ’25 : 6.85% | Sept ’25 : 5.70% | Dec ’25 : 4.92%.
12/17
Ideaforge Technology
The stock rose 66% over the year, increasing from Rs 563 to Rs 932. FIIs sharply increased stake to 0.73% in March ’26 from 0.20% in December ’25. Previous holdings: Jun ’25 : 0.60% | Sept ’25 : 0.25% | Dec ’25 : 0.20%.
13/17
Bharat Forge
The stock gained 60% in the past year, rising from Rs 1,276 to Rs 2,043. FIIs increased holding to 14.15% in March ’26 from 12.40% in December ’25. Earlier quarters: Jun ’25 : 14.37% | Sept ’25 : 13.62% | Dec ’25 : 12.40%.
14/17
The Federal Bank
Over the year, the stock rose 59%, moving from Rs 204 to Rs 324. FIIs increased their stake to 26.05% in March ’26 from 24.94% in December ’25. Previous holdings: Jun ’25 : 26.86% | Sept ’25 : 25.54% | Dec ’25 : 24.94%.
15/17
KEI Industries
The stock climbed 56% in the last year, rising from Rs 3,602 to Rs 5,632. FIIs increased holding to 27.27% in March ’26 from 25.49% in December ’25. Earlier levels: Jun ’25 : 26.59% | Sept ’25 : 25.82% | Dec ’25 : 25.49%.
16/17
Lloyds Engineering Works
The stock gained 55% over the year, moving from Rs 56 to Rs 87. FIIs slightly increased stake to 1.97% in March ’26 from 1.93% in December ’25. Previous quarters: Jun ’25 : 2.22% | Sept ’25 : 2.15% | Dec ’25 : 1.93%.
17/17
Kirloskar Pneumatic Company
The stock rose 51% in the last year, increasing from Rs 1,291 to Rs 1,951. FIIs significantly increased holding to 9.56% in March ’26 from 6.73% in December ’25. Earlier data: Jun ’25 : 7.12% | Sept ’25 : 6.81% | Dec ’25 : 6.73%.