In favour! FIIs buy 7 multibaggers that soared up to 730% after 2 quarters of selling
After a period of significant sell-offs, foreign investors are making a strategic move by purchasing select Indian stocks demonstrating remarkable performance over the past year. In July alone, FIIs acquired shares worth Rs 11,045 crore, followed by Rs 13,123 crore in August. The notable 730% rise in Cupid's stock highlights this renewed investor confidence, emphasizing a trend towards quality…
Foreign institutional investors (FIIs) have recently resumed buying interest in specific Indian midcap and smallcap stocks, after reducing their holdings for two consecutive quarters. According to Ace Equity data, at least seven such stocks saw FIIs cut their stakes in December 2025 and March 2026, before increasing their positions again in June 2026. Many of these stocks have also shown strong one-year returns, indicating that foreign investors are returning to parts of the market where price momentum is already robust.
Cupid led the group with a remarkable 730% gain over the past year, followed by Sansera Engineering, Welspun Corp, Avalon Technologies, Diamond Power Infrastructure, Happy Forgings, Tourism Finance Corporation of India, Deccan Gold Mines, and Shivalik Bimetal Controls. These companies experienced FIIs trimming their holdings before buying back in June.
Despite the overall sentiment, analysts remain cautious, emphasizing that the durability of foreign inflows remains a critical factor amidst geopolitical uncertainty and global bond yield volatility.
Written by urgent.news from The Economic Times - Top News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
