Indus Towers, Voltas, NALCO among 21 midcaps that saw consistent FII buying for past 5 quarters
FIIs buy into fundamentally strong midcap entities with robust growth potential, sound management, as well as scalable business models. Their sustained buying is reflective of their optimism about the long-term prospects of these entities and the broader Indian economy.
Despite being net sellers in the previous fiscal year, FIIs have bought into many midcaps consistently. Their interest in the pack has now sustained many quarters. Furthermore, big buying by these foreign investors in the midcap pack has increased over the past 6-7 months.
In FY25, FIIs were net seller to the tune of Rs 1.27 lakh crore. Nevertheless, 21 companies from the Nifty Midcap 150 index saw consistent FII inflows.
Indus Towers
FII stake in the company has grown from 16.4 per cent as of March 2024 to now at 26.4 per cent, with consistent quarter-on-quarter (QoQ) rise in stake.
Voltas
In the consumer durable entity, FII stake increased from 14.7 per cent in the March quarter of FY24 to 22 per cent in March quarter of the preivious fiscal year.
National Aluminimum
In the PSU entity, FII stake increased from 9 per cent in March 2024 quarter to 15.8 per cent in March 2025 quarter.
Sundaram Finance
In the March quarter of the FY 2024-25, FII stake in the company was at 13.4 per cent, while it grew to 19 per cent in the last quarter.
Fortis Health
In the healthcare scrip, foreign investors increased stake continuously from 23.2 per cent in March of FY24 to 27.4 in the March quarter.
360 ONE WAM
FII increased stake in the financial scrip consistently over the past some quarters, with their stake at 67.2 per cent as of the March 2025 quarter. Nonetheless, it was at 63.2 per cent in the same quarter of the previous year.
Thermax Ltd
FII stake in the heavy electrical equipment company increased from 12.2 per cent in quarter ending March 31, 2024, while the same in the March 2025 quarter is at 15.9 per cent.
Uno Minda
FIIs increased their stake consistently in this auto ancillary stock from 7.6 per cent in March quarter of 2024 to 10.1 per cent in the recently concluded March quarter.
KPR Mill
In the textile stock, FIIs increased stake from 4.6 per cent in March 2024 to 6.3 per cent in the same quarter of the last concluded quarter in March.