अFunda Observatory

Smart-money tracker: who bought and sold Indian stocks in the quarter ended Mar 2026

Based on shareholding patterns filed by 1230 of 1338 companies (92%) · Q4 FY26 · updated 9 Oct 2026 · Methodology

Descriptive summary of filed shareholding patterns. Not investment advice; ₹ flows are estimates.

FII ownership, market-cap weighted
16.8%
−0.7 pp q/q
DII ownership
20.6%
+0.3 pp q/q
Promoter ownership
51.5%
+0.4 pp q/q
Estimated net FII flow
≈ −₹1,78,000 cr
−0.6 pp flow component (est.)

Excluding financial companies: FII 14.8% (−0.5 pp q/q), DII 18.6% (+0.3 pp q/q). Banks carry a large share of FII value, so the headline is dominated by them.

Sector flow board

FIIs cut exposure in 15 of 19 sectors, led by Consumer Services (−2.2 pp, ≈ −₹5,500 cr) and Retail Trade (−1.5 pp). DIIs added exposure in 12 of 19 sectors, led by Consumer Services (+1.6 pp, ≈ +₹4,200 cr) and Retail Trade (+1.5 pp). Commercial Services: 4th straight quarter of FII reduction; Consumer Non-Durables: 4th straight quarter of FII reduction.

Flow component: change in the sector's market-cap-weighted ownership holding the quarter-start weights fixed, so a heavily held stock rallying does not move it. Same companies in both quarters. Sectors with fewer than 5 companies are not shown.

Promoter clusters

Promoters raising holding

No sector met the cluster rule (at least 3 companies, 15% of the sector and twice the opposite side).

Promoters lowering holding

No sector met the cluster rule (at least 3 companies, 15% of the sector and twice the opposite side).

Largest increases in promoter share count

Largest decreases in promoter share count

Diluted, not sold

Promoter percentage fell because the total share count grew; the promoter's own share count was roughly unchanged (QIPs, ESOPs, mergers).

Government stake changes

Companies with a government shareholding; changes are reported as disinvestment or purchase rather than promoter selling.

Major ownership changes

Promoter holding moved by 10 pp or more (offer for sale, merger or open offer is likely). Excluded from the clusters above.

Retail rush

Shareholder count up at least 15% while FII+DII holding fell 0.5 pp or more, among companies above ₹500 cr with at least 5,000 holders. This is a descriptive screen: crowding does not necessarily precede declines. "Public" is a proxy for retail; it also includes HNIs and corporates.

CompanyShareholdersFII+DIIPublic3M price (context)
ALLCARGO LOGISTICS LTD (ALLCARGO)3.2 lakh (+54%)−3.8 pp+26.8 pp−29.2%
COFORGE LIMITED (COFORGE)3.4 lakh (+16%)−19.9 pp+19.9 pp−33.0%
GRM OVERSEAS LTD (GRMOVER)29,061 (+28%)−2.2 pp+1.7 pp−6.2%
ADITYA BIRLA FASHION & RTL LTD (ABFRL)3.7 lakh (+15%)−14.7 pp+14.7 pp−29.8%
JAGRAN PRAKASHAN LIMITED (JAGRAN)71,629 (+19%)−2.9 pp+2.9 pp−14.7%
JINDAL SAW LIMITED (JINDALSAW)2.1 lakh (+19%)−2.1 pp+2.3 pp+9.0%
WIPRO LTD (WIPRO)30.4 lakh (+17%)−2.1 pp+2.1 pp−26.9%
FORCE MOTORS LIMITED (FORCEMOT)94,439 (+20%)−1.7 pp+1.7 pp−5.6%
WOCKHARDT LTD (WOCKPHARMA)1.7 lakh (+20%)−1.6 pp+1.6 pp−18.7%
PERSISTENT SYSTEMS LIMITED (PERSISTENT)2.8 lakh (+18%)−1.5 pp+1.9 pp−22.2%
UNIVERSAL CABLES LTD (UNIVCABLES)22,213 (+25%)−0.8 pp+0.8 pp−26.9%
BAJAJ AUTO LIMITED (BAJAJ-AUTO)6.8 lakh (+116%)−0.7 pp+0.8 pp−6.0%
VEDANTA LIMITED (VEDL)26.0 lakh (+23%)−0.8 pp+2.4 pp+8.3%
ZF COMMERCIAL VEHICLE CONTROL (ZFCVINDIA)41,406 (+31%)−0.6 pp+0.6 pp−7.5%
HCL TECHNOLOGIES LIMITED (HCLTECH)10.2 lakh (+17%)−0.8 pp+0.8 pp−17.4%
MRF LTD (MRF)68,876 (+19%)−0.7 pp+0.7 pp−15.9%
Institutions in, retail out (36)
CompanyShareholdersFII+DIIPublic3M price (context)
GLOBUS SPIRITS LIMITED (GLOBUSSPR)66,054 (−16%)+6.3 pp−6.0 pp−24.6%
APAR INDUSTRIES LIMITED (APARINDS)89,009 (−22%)+3.0 pp−3.0 pp+18.1%
ENGINEERS INDIA LTD (ENGINERSIN)4.2 lakh (−13%)+4.3 pp−4.3 pp−9.5%
IOL CHEMICALS & PHARMACEUTICAL (IOLCP)1.2 lakh (−9%)+3.6 pp−8.4 pp−11.5%
SINDHU TRADE LINKS LIMITED (SINDHUTRAD)43,754 (−8%)+3.1 pp−3.2 pp+5.5%
NRB BEARINGS LTD (NRBBEARING)65,659 (−7%)+8.0 pp−1.6 pp−19.7%
SKIPPER LTD (SKIPPER)86,431 (−10%)+2.3 pp−2.3 pp−23.1%
ELECTROTHERM (INDIA) LIMITED (ELECTHERM)8,907 (−8%)+3.4 pp−3.4 pp−36.4%
RENAISSANCE GLOBAL LIMITED (RGL)23,555 (−9%)+2.3 pp−2.5 pp−22.7%
PNB HOUSING FINANCE LIMITED (PNBHOUSING)1.7 lakh (−11%)+1.9 pp−1.9 pp−20.6%
GUJARAT ALKALIS & CHEMICALS LT (GUJALKALI)64,106 (−12%)+1.6 pp−1.6 pp+12.7%
VADILAL INDUSTRIES LIMITED (VADILALIND)19,041 (−14%)+1.3 pp−1.3 pp−17.1%
ORACLE FINANCIAL SERVICES SOFT (OFSS)1.3 lakh (−12%)+1.3 pp−1.3 pp−12.4%
TITAGARH RAIL SYSTEMS LIMITED (TITAGARH)5.2 lakh (−6%)+3.1 pp−3.1 pp−35.6%
NITIN SPINNERS LTD (NITINSPIN)31,698 (−9%)+1.2 pp−1.2 pp+9.1%
PTC INDIA LIMITED (PTC)2.5 lakh (−6%)+2.9 pp−2.9 pp−2.4%
DEEPAK FERTILIZERS &PETROCHEMI (DEEPAKFERT)1.8 lakh (−9%)+1.2 pp−1.1 pp−29.4%
BOROSIL RENEWABLES LIMITED (BORORENEW)2.4 lakh (−15%)+0.9 pp+2.6 pp−30.6%
INDUSIND BANK LIMITED (INDUSINDBK)5.7 lakh (−5%)+2.3 pp−2.3 pp−12.9%
RICO AUTO INDUSTRIES LTD (RICOAUTO)1.0 lakh (−7%)+1.6 pp−1.6 pp−26.2%
PILANI INVESTMENT AND INDUSTRI (PILANIINVS)17,854 (−8%)+1.0 pp−2.2 pp−20.5%
TALBROS AUTOMOTIVE COMPONENTS (TALBROAUTO)55,208 (−9%)+0.9 pp−0.9 pp−15.7%
TRIBHOVANDAS BHIMJI ZAVERI LTD (TBZ)50,689 (−6%)+1.2 pp−1.2 pp−32.5%
EDELWEISS FINANCIAL SERVICES L (EDELWEISS)3.5 lakh (−6%)+1.2 pp−1.2 pp−7.8%
CERA SANITARYWARE LIMITED (CERA)1.3 lakh (−7%)+1.1 pp−1.1 pp−12.9%

Persistence: FII flow, last 8 quarters

SectorJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Commercial Services ↓4−0.1−0.2−0.9+1.7−0.5−0.7−1.9−1.4
Communications+1.8−1.5+0.3+1.2+3.1+1.3+1.8−1.2
Consumer Durables ↓3−1.5+0.8−0.8+0.1+0.5−2.4−0.4−0.8
Consumer Non-Durables ↓4−1.0+0.8−0.5+6.2−0.8−1.6−1.9−0.5
Consumer Services−0.2+2.4−1.2−0.3−0.9+1.3−0.1−2.2
Distribution Services ↓3−0.9+0.8+0.1−1.9+0.7−2.3−1.8−0.7
Electronic Technology+1.4+1.0+2.5+2.5+1.0−0.8+0.3−0.9
Energy Minerals−0.1+0.8−0.2−1.5+0.1−2.4+0.4−1.1
Finance ↓3−0.1+1.0−1.6−0.4+3.0−0.4−2.1−0.7
Health Services ↓4+2.1−0.2−4.40.0−2.6−1.4−1.6−1.3
Health Technology−1.9+0.20.0+0.4+0.6+0.6−0.7−0.3
Industrial Services−1.2+2.8+1.7+1.50.0−2.9−1.0+0.3
Non-Energy Minerals−1.6+1.2−0.2+1.2+0.5−0.6+0.30.0
Process Industries+0.3+1.1+0.20.0−0.1−0.20.0−0.1
Producer Manufacturing−0.5+0.4−0.2+0.9+1.7+0.2−0.8−0.1
Retail Trade+0.5−0.2+1.8−0.3−1.2+0.9−1.9−1.5
Technology Services ↓3−1.5−0.6−1.6−0.7+0.1−0.3−2.8−0.8
Transportation−2.4+0.9−1.4+2.1−0.4−1.4−0.7+0.9
Utilities ↓3−0.6−0.7+0.80.0+0.1−0.5−0.8−0.4

FII flow component in percentage points per quarter; amber is a reduction, cyan an increase. A number beside a sector counts consecutive quarters moving the same way (3 or more).

Explore FII, DII and promoter holding in the observatory →

This page summarises publicly filed shareholding patterns. It describes what changed; it is not investment advice or a recommendation to buy, sell or hold any security. Changes in institutional or promoter holdings do not reliably predict future returns. ₹ flow figures are estimates derived from percentage changes and average market value; actual transactions may differ materially. ApnaFunda is not a SEBI-registered research analyst or investment adviser. Data may contain errors or omissions; verify with exchange filings before acting.