Top Stocks Where Foreign Investors Increased Their Stakes in Q1 FY27

Foreign Institutional Investors (FIIs) continued to increase their exposure to several Indian companies during the June quarter (Q1 FY27), reflecting sustained confidence in select sectors despite ongoing market volatility. Rising foreign ownership is often viewed as a positive indicator because FIIs typically focus on companies with strong growth prospects, improving fundamentals and long-term earnings visibility.

During the quarter, HFCL, Motisons Jewellers, MTAR Technologies, Groww operator Billionbrains Garage Ventures, ideaForge Technology, Great Eastern Shipping, Capri Global Capital, IOL Chemicals & Pharmaceuticals, Chennai Petroleum Corporation (CPCL) and KRN Heat Exchanger & Refrigeration witnessed notable increases in FII holdings. Some companies saw foreign ownership rise by as much as 8.66 percentage points, making them stocks worth tracking in the coming quarters.

Stocks Where FIIs Increased Their Stake in Q1 FY27

Company	March 2026 FII Holding	June 2026 FII Holding	Increase
HFCL Ltd	7.08%	15.74%	+8.66%
Motisons Jewellers Ltd	2.03%	10.58%	+8.55%
MTAR Technologies Ltd	12.24%	17.31%	+5.07%
Billionbrains Garage Ventures (Groww)	2.51%	6.89%	+4.38%
ideaForge Technology Ltd	0.73%	4.89%	+4.16%
IOL Chemicals & Pharmaceuticals Ltd	1.72%	4.87%	+3.15%
Great Eastern Shipping Co. Ltd	28.44%	31.03%	+2.59%
Capri Global Capital Ltd	5.62%	8.21%	+2.59%
Chennai Petroleum Corporation Ltd (CPCL)	12.59%	14.98%	+2.39%
KRN Heat Exchanger & Refrigeration Ltd	6.66%	8.86%	+2.20%

HFCL Ltd

HFCL recorded the highest increase in foreign institutional ownership during Q1 FY27. FII holdings rose from 7.08% in March 2026 to 15.74% in June 2026, representing an increase of 8.66 percentage points.

The telecom equipment manufacturer continues to benefit from opportunities in optical fibre, 5G infrastructure, defence communication systems and India's digital connectivity expansion.

Motisons Jewellers Ltd

FIIs significantly increased their stake in Motisons Jewellers, raising ownership from 2.03% to 10.58% during the quarter, an increase of 8.55 percentage points.

The Jaipur-based jewellery retailer has benefited from strong consumer demand for gold and diamond jewellery while continuing its retail expansion strategy.

MTAR Technologies Ltd

Foreign investors increased their holding in MTAR Technologies from 12.24% to 17.31%, reflecting a 5.07 percentage point increase.

MTAR Technologies operates in high-precision engineering, supplying components to sectors including defence, aerospace, nuclear energy, space and clean energy, making it a closely watched manufacturing stock.

Billionbrains Garage Ventures (Groww)

FIIs raised their stake in Billionbrains Garage Ventures, the parent company of investment platform Groww, from 2.51% to 6.89%, an increase of 4.38 percentage points.

The company has emerged as one of India's fastest-growing fintech platforms, offering investment products including stocks, mutual funds, ETFs and other financial services to retail investors.

ideaForge Technology Ltd

Foreign ownership in ideaForge Technology increased from 0.73% to 4.89%, representing a 4.16 percentage point rise during Q1 FY27.

The company is one of India's leading drone manufacturers, supplying unmanned aerial vehicles (UAVs) for defence, surveillance, mapping and industrial applications.

IOL Chemicals & Pharmaceuticals Ltd

FIIs increased their stake in IOL Chemicals & Pharmaceuticals from 1.72% to 4.87%, reflecting an increase of 3.15 percentage points.

The company manufactures active pharmaceutical ingredients (APIs), specialty chemicals and industrial intermediates while maintaining a significant export presence.

Great Eastern Shipping Company Ltd

Foreign investors raised their ownership in Great Eastern Shipping from 28.44% to 31.03%, registering an increase of 2.59 percentage points.

India's largest private shipping company continues to benefit from global shipping demand and energy transportation activity.

Capri Global Capital Ltd

FIIs increased their holding in Capri Global Capital from 5.62% to 8.21%, an increase of 2.59 percentage points.

The NBFC focuses on MSME lending, housing finance, vehicle finance and retail credit, supported by technology-driven lending operations.

Chennai Petroleum Corporation Ltd (CPCL)

Foreign institutional investors raised their stake in Chennai Petroleum Corporation (CPCL) from 12.59% to 14.98%, reflecting an increase of 2.39 percentage points.

The company operates refining facilities in Tamil Nadu and produces fuels, lubricants, petrochemical feedstocks and petroleum products for domestic markets.

KRN Heat Exchanger & Refrigeration Ltd

FIIs increased their ownership in KRN Heat Exchanger & Refrigeration from 6.66% to 8.86%, representing a 2.20 percentage point increase.

The company manufactures heat exchangers and cooling components used across HVAC, refrigeration and industrial applications, benefiting from rising demand for energy-efficient cooling systems.

What Rising FII Holdings Mean for Investors

An increase in FII ownership does not automatically guarantee future stock price appreciation, but it is generally considered a positive indicator of institutional confidence. Foreign investors often focus on businesses with improving earnings visibility, scalable business models and long-term growth opportunities.

However, investors should evaluate these companies based on fundamentals, valuations, earnings growth, sector outlook and management execution, rather than relying solely on changes in institutional shareholding.

1. Which stock saw the highest increase in FII holding during Q1 FY27?

HFCL Ltd recorded the highest increase, with FII ownership rising by 8.66 percentage points, from 7.08% to 15.74%.

2. Which jewellery company saw strong FII buying?

FIIs increased their holding in Motisons Jewellers Ltd from 2.03% to 10.58%, one of the largest increases during the quarter.

3. Did FIIs increase their stake in MTAR Technologies?

Yes. FIIs raised their stake in MTAR Technologies from 12.24% to 17.31% during Q1 FY27.

4. Why do investors track FII shareholding?

Higher FII ownership often reflects institutional confidence in a company's business outlook, financial performance and long-term growth prospects.

5. Does rising FII ownership guarantee stock price gains?

No. Although increasing FII holdings can be a positive signal, stock performance ultimately depends on business fundamentals, earnings growth, valuations and overall market conditions.