Retail investors seem to be swimming against the tide. In the September quarter of FY26, they picked up stakes in companies that saw promoters, mutual funds, and foreign institutional investors (FIIs) trim their holdings.

The latest shareholding data shows that retail investors increased their holdings in Sula Vineyards (to 38.61% from 34.99%), Suzlon Energy (25.89% from 25.03%), Paras Defence and Space Technologies (33.31% from 31.14%), SpiceJet (16.64% from 15.46%), One Mobikwik Systems (31.22% from 28.10%), Zen Technologies (30.48% from 29.38%), HFCL (32.76% from 30.45%), and Laxmi Organic Industries (19.95% from 19.83%), among others. Interestingly, these are among the 28 companies that saw stake reductions by promoters, mutual funds, and FIIs during the quarter. Advertisement

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