Up to 451% return in 6 months! 11 smallcap stocks turn multibaggers as FIIs raise stakes for 2 straight quarters

Foreign institutional investors raised stakes in 11 smallcap stocks for two consecutive quarters, with these names delivering returns of up to 451 percent over six months. Sterlite Technologies led with a 451 percent rally to ₹518 from ₹94, while MTAR Technologies recorded the largest FII ownership jump, climbing from 12.24 percent to 24.79 percent, alongside a 126 percent price gain. FIIs pumped about $3 billion into Indian stocks amid a broader market rebound, though analysts cautioned that stretched mid and smallcap valuations leave a narrow margin of safety against potential earnings disappointments.