While FIIs remain the biggest bears on Dalal Street, buried within that relentless outflow is a more interesting story. In a handful of select stocks, foreign investors quietly changed their minds, reversing course and accumulating even as they continued to exit positions elsewhere. These were outlier names where FIIs corrected what now looks like a mistake. And in six of those stocks, the selective re-entry has since delivered multibagger returns.
Within that list, Bajaj Consumer Care has surged nearly 265% in the past year. Acutaas Chemicals is up 187%. SML Mahindra has gained 125%. Dee Development Engineers has risen 119%. United Foodbrands is up 112%. RateGain Travel Technologies has more than doubled, up 102%.