Heavy Institutional buying: Top 3 small-cap multibagger stocks in which FIIs and DIIs have increased their stake!

Praveenkumar Yadav
/ Categories: Trending, Mindshare
Heavy Institutional buying: Top 3 small-cap multibagger stocks in which FIIs and DIIs have increased their stake!

Raising stakes by DIIs and FIIs in various stocks often acts as a positive signal for potential growth opportunities.

Institutional investors are key players in the Indian stock market, with their investment decisions impacting stock prices. These stocks are poised to benefit from India's strong growth and demographics. Institutional investors are those who invest money on behalf of others, such as pension funds, mutual funds, insurance companies, hedge funds, and sovereign wealth funds.

They are classified as foreign (FIIs) or domestic (DIIs). Both play a vital role in the Indian stock market, influencing stock prices. In recent months, FIIs and DIIs have been increasing their stake in various stocks. This is likely due to a number of factors, including the strong growth of the Indian economy, the attractive valuations of many Indian stocks, and the government's focus on reforms.

Three stocks that have seen significant buying interest from both DIIs and FIIs in the last few months:

Goodluck India Limited: The company is engaged in the business of manufacturing and selling engineering products such as sheets, pipes, engineering structures, fabricated structures, forgings, and automobile tubes. DIIs and FIIs increased their stake in the company to 2.16 per cent and 6.67 per cent respectively.

Ethos Limited: The company is the largest organised luxury watch retailing company in the country and operates currently through 60 stores spread across 23 cities in India. The company is engaged in retailing most of the globally reputed brands such as Omega, Rolex, Rado, IWC, and Bvlgari, among others. DIIs and FIIs increased their stake in the company to 12.17 per cent and 10.41 per cent, respectively, attracted by its growth potential and improving operating metrics.

Aditya Vision Limited: This company is engaged in the trading of electronic items and is a service-oriented electronic retail chain in Bihar dealing in consumer durables of all kinds. DIIs and FIIs have increased their stake in the company to 7.44 per cent and 7.20 per cent respectively. Ace investor Ashish Kacholia has a stake in the company and currently holds 1.87 per cent in the company.

These stocks have generated multibagger returns in the last one year. Investors should keep an eye on these potential winners.

Disclaimer: The article is for informational purposes only and not investment advice.

DSIJ’s ‘Flash News Investment' weekly Newsletter recommends profit-making ideas for you based on fundamental and technical analysis. If this interests you, do download the service details here.

Rate this article:
3.8

Leave a comment

Add comment

DSIJ MINDSHARE

Mkt Commentary29-Apr, 2024

Multibaggers29-Apr, 2024

Bonus and Spilt Shares29-Apr, 2024

Multibaggers29-Apr, 2024

Multibaggers29-Apr, 2024

Knowledge

General26-Apr, 2024

Fundamental21-Apr, 2024

General21-Apr, 2024

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR