BEL and 4 Other Stocks in Which DIIs Increased Their Stake

Domestic institutional investors, commonly known as DIIs, are gradually increasing their stakes in select companies across various sectors. This trend typically reflects growing confidence in future earnings, improved financial health, or strong opportunities in industries that may not yet be fully priced in by the broader market. Such movements often serve as early signals for investors who track where large institutional funds are flowing.

In recent months, DIIs have shown clear interest in companies linked to key growth themes such as consumption recovery, healthcare demand, digital finance, industrial growth, and business turnarounds. These sectors are expected to benefit from both economic expansion and policy support, making them attractive for long-term investment.

The continued increase in institutional holdings suggests that these companies may be poised for a strong growth phase. When large investors gradually build positions, it typically indicates a long-term perspective rather than short-term speculation.

Bajaj Hindustan Sugar has seen the sharpest increase in DII ownership. The stake increased from 7.83% in Q3 FY26 to 50.41% in Q4 FY26, an increase of more than 42 percentage points. This significant change reflects growing confidence in the company’s turnaround journey.

The company has improved its operations and generated a profit of approximately ₹126 crore in FY26. Its focus on ethanol production and government blending programs has also strengthened its future outlook, making it a significant player in the renewable-linked business sector.

Vishal Mega Mart has also attracted strong institutional attention, with DII holdings increasing from 25.47% to 32.74% in just one quarter. The company benefits from its focus on affordable products that appeal to middle- and low-income consumers across India.

Its financial performance supports this expectation, with a low debt-to-equity ratio of 0.27. Over the past five years, it has delivered a profit growth rate of 48% and revenue growth of 24%, reflecting continued expansion supported by strong demand in smaller cities.

PB Fintech is gaining investor confidence as digital adoption in financial services grows. DII holdings increased from 29.54% to 36.72%, supported by a strong balance sheet with a debt-to-equity ratio of just 0.05. The company has also achieved a revenue growth rate of nearly 50% over five years.

Max Healthcare Institute is another strong performer, with DII stakes increasing from 21.20% to 26.32%. The company is benefiting from growing healthcare needs and capacity expansion, supported by revenue growth of 27% and profit growth of 60% over the same period.

Bharat Heavy Electricals Limited has seen continued accumulation, with DII holdings increasing from 19.70% to 23.93%. Despite being a large and well-known company, it has consistently shown stable growth, with revenue growth of 14% and profit growth of 21% over five years.

This trend shows that institutional investors are not only focusing on fast-growing companies, but also on stable businesses that can benefit from the ongoing industrial and infrastructure cycle.