FIIs more than doubled their stakes in 11 multibaggers in June quarter. Do you own any?

 

Smart money move

In just six months, around 34 BSE-listed companies with a market capitalisation over Rs 3,000 crore have delivered spectacular returns of more than 100%. But the story includes more than just these eye-popping gains. During the June quarter, Foreign Institutional Investors (FIIs) increased their stake in 27 of these high-flying stocks. Even more striking, in 11 companies, FIIs more than doubled their holdings compared to the March quarter.This is worth watching because FIIs are known for their research-driven investment approach. They typically deploy capital only after extensive due diligence, making their portfolio moves an important signal for investors. In this report, we also spotlight the top three stocks with the highest FII holdings, offering a closer look at where smart institutional money is placing its bets. (Data Source: ACE Equity)

Over the last six months, the stock has rallied 271%, rising from Rs 188 to Rs 698. FII holding increased to 0.24% in the June 2026 quarter, compared with 0.07% in the March 2026 quarter.
Over the last six months, the stock has rallied 210%, rising from Rs 85 to Rs 262. FII holding increased to 4.17% in the June 2026 quarter, compared with 1.01% in the March 2026 quarter.
Over the last six months, the stock has rallied 197%, rising from Rs 212 to Rs 631. FII holding increased to 2.17% in the June 2026 quarter, compared with 0.99% in the March 2026 quarter.
Over the last six months, the stock has rallied 194%, rising from Rs 124 to Rs 365. FII holding increased to 1.77% in the June 2026 quarter, compared with 0.36% in the March 2026 quarter.
Over the last six months, the stock has rallied 193%, rising from Rs 71 to Rs 208. FII holding increased to 15.74% in the June 2026 quarter, compared with 7.08% in the March 2026 quarter.

Over the last six months, the stock has rallied 134%, rising from Rs 382 to Rs 894. FII holding increased to 3.27% in the June 2026 quarter, compared with 0.78% in the March 2026 quarter.
Over the last six months, the stock has rallied 130%, rising from Rs 185 to Rs 426. FII holding increased to 3.61% in the June 2026 quarter, compared with 1.49% in the March 2026 quarter.
Over the last six months, the stock has rallied 124%, rising from Rs 320 to Rs 717. FII holding increased to 2.79% in the June 2026 quarter, compared with 1.20% in the March 2026 quarter.

During the June quarter (Q1 FY27), Foreign Institutional Investors (FIIs) sharply increased their exposure to several high-performing small-cap and mid-cap stocks in the Indian market.


Specifically, out of 34 BSE-listed companies with a market cap over ₹3,000 crore that rallied over 100% in six months, FIIs more than doubled their holdings in 11 specific multibagger stocks compared to the March quarter.

The 11 Multibaggers with Doubled FII Stakes

Company Name6-Month RallyFII Stake (Mar Qtr)FII Stake (Jun Qtr)
Sigma Advanced Systems+271%0.07%0.24%
Cupid Ltd.+210%1.01%4.17%
Dee Development Engineers+197%0.99%2.17%
Diamond Power Infrastructure+194%0.36%1.77%
HFCL Ltd.+193%7.08%15.74%
Rashi Peripherals+134%0.78%3.27%
Aeroflex Industries+130%1.49%3.61%
Sky Gold & Diamonds+124%1.20%2.79%
IOL Chemicals & Pharma+122%1.72%4.87%
IdeaForge Technology+113%0.73%4.89%
Kernex Microsystems+105%0.30%2.48%

(Data Source: ACE Equity / Market Exchange Filings)

Key Takeaways for Investors

  1. Defense & High-Tech Focus: Companies like IdeaForge (drones), Kernex Microsystems (railway safety/Kavach), and Sigma Advanced Systems reflect institutional interest in defense and government-driven infrastructure capital expenditure.

  2. Telecom & Power Infrastructure: HFCL and Diamond Power saw aggressive accumulation, driven by 5G rollout expansion and power grid modernization.


  3. Small Base Effect: While a stake jump from 0.73% to 4.89% (as in IdeaForge) represents a 6x increase in foreign institutional holdings, always evaluate the total percentage of equity held alongside valuation metrics before making investment decisions.

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FIIs more than doubled their stakes in 11 multibaggers in June quarter. Do you own any?

  Smart money move In just six months, around 34 BSE-listed companies with a market capitalisation over Rs 3,000 crore have delivered specta...

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