MediumPositive
Announced Fri, 24 Jul · 08:00 IST

Three bank stocks FIIs quietly bought in June quarter. Should you take a closer look?

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Foreign institutional investors raised their holdings in three banking stocks during the June 2026 quarter. FII stake in Jammu and Kashmir Bank rose from 8.4% to 9.4%, in South Indian Bank by 1.2 percentage points to 25.4%, and in DCB Bank from 12.7% to 13.5%. All three lenders reported improving fundamentals, including South Indian Bank posting a record FY26 net profit of 14.55 billion rupees with gross NPAs falling to 1.43%, and DCB Bank recording its highest-ever quarterly profit after tax of 2.06 billion rupees.