DIIs increase stake in 8 midcap stocks in Q2FY27
NSE moved higher in a quarterly results development for Q2FY27.
· ET Stocks, Economic Times Markets
DIIs increased their holdings in several NSE midcap stocks during the September 2026 quarter. Swiggy, One97 Communications, Meesho, Cochin Shipyard, Lenskart Solutions, Piramal Finance, APL Apollo Tubes and SBI Cards and Payment Services saw DII shareholding rise by more than 200 basis points quarter-on-quarter, based on StockEdge’s shareholding scan.
Key facts
- Period
- Q2FY27
The analysis
NSE reported movement of 200 basis points for Q2FY27. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -4.7% on the day at ₹176.60, and has returned -40.3% over three months. It sits 58% below its 52-week high, which means a good deal of bad news was already in the price. The hotels & restaurants sector has moved -0.9% over the same period, so Swiggy is running 39.4 points behind its peers.
This is an Index / institutional flows event. Passive and institutional flows move price independently of fundamentals, and around rebalancing dates they dominate it. On the day the stock is -4.7%, so the tape moved decisively on this.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
- Sustained FII or DII direction moves the whole market, not just the names being bought — it sets the tape's tone.
- With NSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.
Market context
- The 6 companies named span 4 sectors, so these are separate company stories rather than one sector-wide move.
- On the day, 0 of 6 are higher: Lenskart leads at -0.5% and Swiggy trails at -4.7%.
- Over three months: Swiggy -40.3% against Hotels & Restaurants -0.9% (39.4 points behind); One97 Communications +22.6% against Financial Services -14.9% (37.5 points ahead); Meesho +22.4% against Consumer & Retail -9.5% (31.9 points ahead); Cochin Shipyard -20.5% against Defence & Aerospace -1.7% (18.8 points behind).
- At least 25% below the 52-week high: Swiggy (58%) and Cochin Shipyard (39%).
- Meesho: 52-week and period figures are measured since it listed on 10 Dec 2025.
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| SwiggySWIGGY · Hotels & Restaurants | ₹176.60 | -4.7% | -29.4% | -40.3% | -57.7% | 1.5× | — |
| One97 CommunicationsPAYTM · Financial Services | ₹1,634.30 | -3.1% | -2.6% | +22.6% | -11.7% | 0.5× | — |
| MeeshoMEESHO · Consumer & Retail · Listed 10 Dec 2025 | ₹223.01 | -0.8% | -2.1% | +22.4% | -7.3% | 0.4× | — |
| Cochin ShipyardCOCHINSHIP · Defence & Aerospace | ₹1,114.20 | -3.6% | -15.3% | -20.5% | -38.6% | 1.0× | — |
| LenskartLENSKART · Consumer & Retail | ₹678.20 | -0.5% | -1.0% | +20.4% | -4.1% | 0.6× | — |
| Piramal FinancePIRAMALFIN · Financial Services | ₹1,817.00 | -2.6% | -11.1% | -10.4% | -21.4% | 0.6× | — |
Hotels & Restaurants
1M -3.1% · 3M -0.9%
Swiggy
Financial Services
1M -8.8% · 3M -14.9%
One97 Communications, Piramal Finance
Consumer & Retail
1M -4.9% · 3M -9.5%
Meesho, Lenskart
Defence & Aerospace
1M -7.5% · 3M -1.7%
Cochin Shipyard
Prices as of 30 Oct 2026, 16:11 IST. Sector moves are the average of the stocks we track in each sector.
In this story
Related coverage
8 midcap stocks with over 100% profit growth in Q2FY27
Meesho Q2 Results: Loss narrows to Rs 132 crore YoY, revenue rises 34%
Swiggy block deal: Rs 982 crore worth shares change hands; key details
Stocks To Watch Today: IndiGo, Suzlon Energy, Trent, Coal India, Meesho Among Others
Trent net profit up 25% despite cost pressures and stiff competition