अFunda Observatory

Smart-money tracker: who bought and sold Indian stocks in the quarter ended Dec 2025

Based on shareholding patterns filed by 1338 of 1439 companies (93%) · Q3 FY26 · updated 9 Oct 2026 · Methodology

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

FII ownership, market-cap weighted
17.3%
−0.8 pp q/q
DII ownership
20.1%
+1.5 pp q/q
Promoter ownership
51.6%
−0.8 pp q/q
Estimated net FII flow
≈ −₹3,80,400 cr
−1.0 pp flow component (est.)

Excluding financial companies: FII 15.1% (−0.5 pp q/q), DII 18.2% (+1.5 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 13 of 19 sectors, led by Technology Services (−2.8 pp, ≈ −₹93,200 cr) and Finance (−2.1 pp). DIIs added exposure in 19 of 19 sectors, led by Transportation (+3.1 pp, ≈ +₹22,000 cr) and Technology Services (+2.9 pp). Communications: 5th straight quarter of FII addition; Commercial Services: 3rd 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

Sector# raisingMedian changeNames
Consumer Services9 of 57+1.6 ppTVTODAY, TREEHOUSE, IMAGICAA +6 more

Promoters lowering holding

Sector# loweringMedian changeNames
Electronic Technology7 of 33−4.6 ppASMS, PGEL, MOSCHIP +4 more

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)
PRIME FOCUS LIMITED (PFOCUS)23,497 (+89%)−6.4 pp+15.5 pp+33.9%
PARAMOUNT COMMUNICATIONS LTD (PARACABLES)1.5 lakh (+53%)−6.2 pp+4.7 pp−10.8%
GOKALDAS EXPORTS LIMITED (GOKEX)85,609 (+54%)−5.2 pp+5.4 pp+3.1%
TRENT LTD (TRENT)4.1 lakh (+88%)−3.9 pp+3.8 pp−8.5%
COFORGE LIMITED (COFORGE)2.9 lakh (+104%)−3.3 pp+3.3 pp+4.5%
TRANSFORMERS AND RECTIFIERS (I (TARIL)2.1 lakh (+46%)−8.4 pp+8.5 pp−41.4%
ANANT RAJ LIMITED (ANANTRAJ)3.7 lakh (+74%)−3.7 pp+6.5 pp−21.6%
GENESYS INTERNATIONAL CORPORAT (GENESYS)38,243 (+152%)−2.9 pp+7.7 pp−12.6%
EDELWEISS FINANCIAL SERVICES L (EDELWEISS)3.8 lakh (+43%)−5.9 pp+8.9 pp+0.6%
NIBE LIMITED (NIBE)35,000 (+116%)−2.6 pp−0.5 pp−24.7%
NATCO PHARMA LIMITED (NATCOPHARM)4.1 lakh (+77%)−2.7 pp+2.8 pp+13.5%
HI-TECH PIPES LIMITED (HITECH)1.0 lakh (+30%)−8.3 pp+8.4 pp−19.2%
KAMDHENU LIMITED (KAMDHENU)50,779 (+36%)−4.6 pp+5.4 pp−11.1%
ORIENT CEMENT LIMITED (ORIENTCEM)97,344 (+27%)−15.1 pp−19.7 pp−22.1%
KDDL LIMITED (KDDL)48,415 (+123%)−2.2 pp+2.0 pp−6.9%
GODFREY PHILLIPS INDIA LIMITED (GODFRYPHLP)1.7 lakh (+122%)−1.8 pp+1.8 pp−18.4%
JINDAL DRILLING & INDUSTRIES L (JINDRILL)41,627 (+43%)−2.4 pp−0.2 pp−3.5%
ELGI EQUIPMENTS LTD (ELGIEQUIP)89,695 (+31%)−2.8 pp+2.6 pp−1.8%
JK LAKSHMI CEMENT LIMITED (JKLAKSHMI)1.7 lakh (+38%)−2.3 pp+3.6 pp−9.2%
ENGINEERS INDIA LTD (ENGINERSIN)4.9 lakh (+26%)−3.1 pp+3.1 pp+4.2%
V MART RETAIL LIMITED (VMART)30,027 (+66%)−1.6 pp+1.7 pp+0.8%
TEAMLEASE SERVICES LIMITED (TEAMLEASE)24,236 (+32%)−2.4 pp+2.4 pp−12.6%
MOSCHIP TECHNOLOGIES LIMITED (MOSCHIP)3.6 lakh (+43%)−2.0 pp+6.7 pp−14.7%
NARAYANA HRUDAYALAYA LIMITED (NH)1.9 lakh (+35%)−2.2 pp+2.2 pp+8.9%
KEC INTERNATIONAL LTD (FORMER (KEC)2.0 lakh (+24%)−2.9 pp+2.9 pp−15.5%
Institutions in, retail out (157)
CompanyShareholdersFII+DIIPublic3M price (context)
RBL BANK LIMITED (RBLBANK)3.2 lakh (−29%)+28.0 pp−27.9 pp+13.9%
GRM OVERSEAS LTD (GRMOVER)22,615 (−19%)+11.4 pp−1.5 pp+36.2%
DCB BANK LIMITED (DCBBANK)1.8 lakh (−22%)+6.6 pp−8.2 pp+35.8%
GLOBUS SPIRITS LIMITED (GLOBUSSPR)78,493 (−20%)+6.2 pp−6.2 pp+1.9%
STEEL AUTHORITY OF INDIA LTD (SAIL)15.7 lakh (−23%)+4.5 pp−4.5 pp+9.3%
BHARAT HEAVY ELECTRICALS LTD (BHEL)17.6 lakh (−17%)+7.6 pp−2.7 pp+20.5%
GMR AIRPORTS LIMITED (GMRAIRPORT)6.9 lakh (−19%)+5.9 pp−6.0 pp+19.7%
JAMNA AUTO INDUSTRIES LIMITED (JAMNAAUTO)2.1 lakh (−19%)+5.7 pp−5.6 pp+25.8%
JK TYRE AND INDUSTRIES LIMITED (JKTYRE)2.8 lakh (−21%)+4.0 pp−5.1 pp+40.6%
KOLTE-PATIL DEVELOPERS LTD (KOLTEPATIL)41,772 (−23%)+3.6 pp−8.0 pp−7.8%
ASIAN PAINTS INDIA LTD (ASIANPAINT)10.0 lakh (−17%)+6.1 pp−6.1 pp+17.9%
GREAT EASTERN SHIPPING CO LTD (GESHIP)1.6 lakh (−22%)+3.4 pp−3.3 pp+13.6%
KEI INDUSTRIES LIMITED (KEI)1.6 lakh (−20%)+3.8 pp−3.8 pp+9.8%
KRBL LIMITED (KRBL)85,873 (−25%)+3.0 pp−3.0 pp+14.5%
ALKEM LABORATORIES LIMITED (ALKEM)62,835 (−25%)+2.7 pp+1.2 pp+1.5%
MASTEK LIMITED (MASTEK)88,918 (−14%)+7.2 pp−7.0 pp−6.5%
INDUSIND BANK LIMITED (INDUSINDBK)6.0 lakh (−22%)+2.9 pp−2.8 pp+17.5%
USHA MARTIN LIMITED (USHAMART)1.0 lakh (−15%)+6.1 pp−2.7 pp−1.2%
APL APOLLO TUBES LIMITED (APLAPOLLO)1.6 lakh (−15%)+5.0 pp−5.0 pp+13.5%
NBCC (INDIA) LIMITED (NBCC)12.8 lakh (−21%)+2.6 pp−2.6 pp+13.7%
IDFC FIRST BANK LIMITED (IDFCFIRSTB)28.9 lakh (−12%)+14.3 pp−12.9 pp+22.7%
CHENNAI PETROLEUM CORPORATION (CHENNPETRO)1.5 lakh (−25%)+1.9 pp−1.9 pp+10.4%
UPL LIMITED (UPL)2.8 lakh (−14%)+3.6 pp−3.7 pp+21.2%
CANARA BANK (CANBK)15.0 lakh (−17%)+2.8 pp−2.7 pp+25.2%
AUTOMOTIVE AXLES LIMITED (AUTOAXLES)24,109 (−21%)+1.9 pp−1.9 pp+9.0%

Persistence: FII flow, last 8 quarters

SectorMar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Commercial Services ↓3−1.1−0.1−0.2−0.9+1.7−0.5−0.7−1.9
Communications ↑5−1.8+1.8−1.5+0.3+1.2+3.1+1.3+1.8
Consumer Durables−1.9−1.5+0.8−0.8+0.1+0.5−2.4−0.4
Consumer Non-Durables ↓3−0.1−1.0+0.8−0.5+6.2−0.8−1.6−1.9
Consumer Services−2.5−0.2+2.4−1.2−0.3−0.9+1.3−0.1
Distribution Services+2.0−0.9+0.8+0.1−1.9+0.7−2.3−1.8
Electronic Technology+0.2+1.4+1.0+2.5+2.5+1.0−0.8+0.3
Energy Minerals0.0−0.1+0.8−0.2−1.5+0.1−2.4+0.4
Finance+0.3−0.1+1.0−1.6−0.4+3.0−0.4−2.1
Health Services ↓3+6.3+2.1−0.2−4.40.0−2.6−1.4−1.6
Health Technology+0.2−1.9+0.20.0+0.4+0.6+0.6−0.7
Industrial Services0.0−1.2+2.8+1.7+1.50.0−2.9−1.0
Non-Energy Minerals−1.4−1.6+1.2−0.2+1.2+0.5−0.6+0.3
Process Industries0.0+0.3+1.1+0.20.0−0.1−0.20.0
Producer Manufacturing−0.1−0.5+0.4−0.2+0.9+1.7+0.2−0.8
Retail Trade+2.2+0.5−0.2+1.8−0.3−1.2+0.9−1.9
Technology Services−0.6−1.5−0.6−1.6−0.7+0.1−0.3−2.8
Transportation ↓3+1.6−2.4+0.9−1.4+2.1−0.4−1.4−0.7
Utilities+0.8−0.6−0.7+0.80.0+0.1−0.5−0.8

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.