Whenever foreign investors like Morgan Stanley, Goldman Sachs and others buy or sell the shares of Indian companies, their stock price makes a significant move. The same pattern is observed when domestic institutions like Motilal Oswal Financial Services or the Life Insurance Corporation of India buy or sell stocks. Such a price movement emphasizes the impact of these institutional investors on the market.
Here are three multibagger small-cap stocks in which FIIs and DIIs have increased their stake:
Titagarh Rail Systems
Titagarh Rail Systems, formerly Titagarh Wagons manufactures and sells freight wagons, passenger coaches, metro trains, train electricals, steel castings, specialised equipment & bridges, and ships.
FIIs increased their stake in the company from 6.07% in the March quarter to 7.05% in the June quarter and to 12.60% by the month of July. DIIs increased their stake in the company from 6.61% in the March quarter to 9.68% in the June quarter and 9.10% by the Month of July.
The company’s shares opened at ₹ 671.25 apiece on Monday, indicating that its share price increased by 407% in the past year to deliver multibagger returns, as per data available with the Bombay Stock Exchange (BSE).
Mrs Bectors Food Specialities
Mrs Bectors Food Specialities manufactures biscuits and bakery products that are marketed under Mrs Bector’s Cremica and Mrs Bector’s English Oven brands, respectively.
FIIs increased their stake in the company from 5.64% in the March quarter to 7.57% in the June quarter. DIIs increased their stake in the company from 16.12% in the March quarter to 18.24% in the June quarter.
The company’s shares opened at ₹ 839.65 apiece on Monday, indicating that its share price increased by 168% in the past year to deliver multibagger returns, as per data available with the Bombay Stock Exchange (BSE).
Ugro Capital
Ugro Capital Limited is a technology-focused small business lending platform. It is focused on addressing the capital needs of small businesses operating in select eight sectors by providing customized loan solutions.
FIIs increased their stake in the company from 6.95% in the March quarter to 21.99% in the June quarter. DIIs increased their stake in the company from 2.02% in the March quarter to 5.46% in the June quarter.
The company’s shares opened at ₹ 839.65 apiece on Monday, indicating that its share price increased by 70% in the past year and by 122% in the past two years to deliver multibagger returns, as per data available with the Bombay Stock Exchange (BSE).
Written by Simran Bafna
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
