As individual investors, it is essential to give consideration to the holdings of domestic institutional investors, as they trade consistently in large quantities, leading the market to shift in their preference. Additionally, these domestic investors serve as compensation for the withdrawal of funds by FIIs and act as a cushion against market volatility.
Here are 3 multibagger small-cap stocks in which DIIs hold more than 20%
Karur Vysya Bank Ltd
Karur Vysya Bank Limited is a bank that supplies a variety of banking and financial services, such as commercial banking and treasury operations. Treasury, Corporate and Wholesale Banking, Retail Banking, and Other Banking Operations
DIIs hold 22.75 percent of the company as of FY23, The company’s shares were trading at ₹105.20 apiece on May 26, and it is a small-cap company with a market capitalization of ₹ 8,447 crore.
In the past year, the company’s share price increased from ₹ 44.75 to current levels, giving multibagger returns of 135.31%. Therefore, if an investor purchased 1 lakh shares of the company in the previous year, their holdings would now be worth 2.35 lakhs!
Having a quick walkthrough of their financials, operating revenues significantly increased by 16.6 percent from ₹ 5,588 crores during FY 21-22 to ₹ 6,517 crores in FY 22-23. Keeping the same time frame, PAT numbers have significantly increased by 64.3 percent, from ₹ 673 crores to ₹ 1,106 crores.
Kirloskar Oil Engines Ltd(KOEL)
KOEL manufactures diesel generator sets, and pump sets that operate on diesel, gasoline, and kerosene. The firm serves the agriculture and industrial sectors.
DIIs hold 27.95 percent of the company as of FY23, The company’s shares were trading at ₹403.30 apiece on May 26, and it is a small-cap company with a market capitalization of ₹ 5,576 crore.
In the past year, the company’s share price increased from ₹ 152.60 to current levels, giving multibagger returns of 151.11%. Therefore, if an investor had invested ₹ 1 lakh in the company’s shares in the last year, the value of their holdings would have been ₹ 2.51 lakhs today!
Having a quick walkthrough of their financials, operating revenues significantly increased by 25 percent from ₹ 4,022 crores during FY 21-22 to ₹ 5,024 crores in FY 22-23. Keeping the same time frame, PAT numbers have significantly increased by 94 percent, from ₹ 171 crores to ₹ 332 crores.
Vesuvius India Ltd
Vesuvius India is engaged in the manufacturing and trading of refractory products; it is the industry leader in hydrocarbon processing and power-generating sectors, and the company serves domestic and international markets.
DIIs hold 23.30 percent of the company as of FY23, The company’s shares were trading at ₹2,448.65 apiece on May 26, and it is a small-cap company with a market capitalization of ₹ 4,983 crore.
In the past year, the company’s share price increased from ₹ 999.80 to current levels, giving multibagger returns of 145.56 %. As a consequence, if an investor had purchased 1 lakh shares of a company in the previous year, their holdings would now be worth 2.45 lakhs!
Having a quick walkthrough of their financials, operating revenues significantly increased by 28.2 percent from ₹ 1,047 crores during FY 20-21 to ₹ 1,343 crores in FY 21-22. Keeping the same time frame, PAT numbers have significantly increased by 72 percent, from ₹ 68 crores to ₹ 117 crores.
Written by Omkar C
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