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Domestic Institutional Investors (DIIs) are institutional investors that invest in the financial instruments and securities of a country where they reside. DIIs include organizations such as banks, insurance companies, mutual fund houses, and local pension and provident funds. 

DIIs are the backbone of India’s stock market, bringing stability and growth. Their active involvement ensures opportunities for all, contributing to the nation’s financial success. 

Listed below are smallcap stocks in which DIIs have increased their stake up to 10.47 percent in the recent quarter: 

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HEG Ltd 

With a market capitalization of Rs. 9,120 crores, the shares of manufacturers and exporters of graphite electrodes started Friday’s trading session on a lower note at Rs. 2,345 compared to its previous close of Rs. 2,356.85. During the trading session, the shares hit a high of Rs. 2,449, gaining around 2 percent, also recorded as the company’s fresh 52-week high and closed the day at Rs. 2,362 apiece. 

Coming onto the company’s financial statements, the revenue decreased by 8 percent from Rs. 614 crores during the September quarter to Rs. 562 crores in the December quarter. In addition, the net profits declined by around 54 percent from Rs. 96 crores to Rs. 44 crores during the same period. 

Domestic Institutional Investors (DIIs) have increased their stake by 1.53 percent from 8.85 percent during the December quarter to 10.38 percent in the March quarter. According to the latest shareholding pattern, Promoters have a 55.77 percent stake in the company, while FIIs hold 6.86 percent of the company’s shares during the same period. 

Minda Corporation Ltd 

With a market capitalization of Rs. 9,980 crores, the shares of the automotive component manufacturing company started Friday’s trading session on a flatter note at Rs. 419.30. During the trading session, the shares hit a low of Rs. 412.20, making a loss of around 2 percent and closed the day at Rs. 414 apiece. 

Coming onto the company’s financial statements, the revenue decreased by 2.5 percent from Rs. 1,196 crores during the September quarter to Rs.1,166 crores in the December quarter. In addition, the net profits declined by around 12 percent from Rs. 59 crores to Rs. 52 crores during the same period. 

Domestic Institutional Investors (DIIs) have increased their stake by 3.79 percent from 16.81 percent during the December quarter to 20.60 percent in the March quarter. According to the latest shareholding pattern, Promoters have a 64.84 percent stake in the company, while FIIs hold 5.07 percent of the company’s shares during the same period. 

Innova Captab Ltd 

With a market capitalization of 2,768 crores, the shares of the pharmaceutical company started Friday’s trading session on a higher note at Rs. 477.90 compared to its previous close of Rs. 470.35. During the trading session, the shares hit a high of Rs. 486.20, gaining around 3 percent and closed the day at Rs. 483 apiece.

Coming onto the company’s financial statements, the revenue increased by 7 percent from Rs. 283 crores during the September quarter to Rs. 302 crores in the December quarter. In addition, the net profits zoomed by 9 percent from Rs. 23 crores to Rs. 25 crores during the same period. 

Domestic Institutional Investors (DIIs) have increased their stake by 10.47 percent from 10.31 percent during the December quarter to 20.78 percent in the March quarter. According to the latest shareholding pattern, Promoters have a 50.90 percent stake in the company, while FIIs hold 1.94 percent of the company’s shares during the same period. 

Written By Vaibhav Patil

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