10 microcap stocks rally up to 430% in CY26; 5 turn multibaggers: Here’s FII and MF exposure

Ten Indian microcap stocks have rallied between 84% and 439% in CY26 so far, led by Sterlite Technologies (up around 439%), MTAR Technologies (up 190%), and Garware Hi-Tech Films (up 124%). The Nifty Microcap 250 Index has gained about 12% year-to-date, with 31 microcap stocks advancing over 50%. Institutional holdings data for the March 2026 quarter shows notable FII stakes in Sansera Engineering (18.79%) and MTAR Technologies (17.31%), while mutual fund ownership is highest in Sansera Engineering (26.30%) and MTAR Technologies (23.49%).