Synopsis: Foreign institutional investors trimmed stakes in Q4 FY26 across stocks like ICICI Bank Ltd, Manappuram Finance Ltd, Aavas Financiers Ltd, and Max Healthcare Institute Ltd, signaling cautious sentiment.
Foreign institutional investors showed a cautious stance during the March 2026 quarter, reducing exposure across a range of sectors. This trend reflects a mix of profit booking, global uncertainty, and tactical portfolio rebalancing after strong market performance in recent periods.
The selling activity was not limited to a single segment, spanning financials, healthcare, consumer, and digital businesses. Despite the stake reductions, stock prices in several cases remained resilient, indicating continued domestic investor support and underlying confidence in long-term growth prospects.
Urban Company Ltd
Urban Company is a technology-driven home services marketplace that connects customers with professionals for beauty, cleaning, repair, and maintenance services. It operates across major Indian cities and international markets, focusing on service quality, training, and convenience through its digital platform.
With a market capitalisation of Rs. 23,387 cr, the shares of Urban Company Ltd closed at Rs. 151.65 per share, up from its previous close of Rs. 147.45 per share. As of Q4 FY26, FIIs have trimmed their stake from 65.63% to 55.77%, a decrease of 9.86%.
Manappuram Finance Ltd
Manappuram Finance is a leading NBFC specialising in gold loans, along with microfinance, vehicle finance, and SME lending. It has a wide branch network across India and is known for its strong presence in the secured lending segment.
With a market capitalisation of Rs. 24,927 cr, the shares of Manappuram Finance Ltd closed at Rs. 294.50 per share, down from its previous close of Rs. 295.45 per share. As of Q4 FY26, FIIs have trimmed their stake from 28.78% to 23.23%, a decrease of 5.55%.
Aavas Financiers Ltd
Aavas Financiers is a housing finance company focused on providing home loans primarily to low- and middle-income customers in semi-urban and rural India. It specialises in serving underserved segments with a strong emphasis on affordable housing finance.
With a market capitalisation of Rs. 10,930 cr, the shares of Aavas Financiers Ltd closed at Rs. 1378.70 per share, down from its previous close of Rs. 1,381.85 per share. As of Q4 FY26, FIIs have trimmed their stake from 24.72% to 16.74%, a decrease of 7.98%.
Restaurant Brands Asia Ltd
Restaurant Brands Asia operates quick-service restaurant chains in India, including the Burger King brand. The company focuses on expanding its restaurant network, improving operational efficiency, and leveraging India’s growing organised food service market.
With a market capitalisation of Rs. 3,814 cr, the shares of Restaurant Brands Asia Ltd closed at Rs. 65.44 per share, down from its previous close of Rs. 65.86 per share. As of Q4 FY26, FIIs have trimmed their stake from 16.82% to 10.59%, a decrease of 6.23%.
ICICI Bank Ltd
ICICI Bank is one of India’s largest private sector banks, offering a wide range of banking and financial services including retail banking, corporate lending, insurance, and wealth management. It has a strong digital presence and a diversified loan book, making it a key player in India’s banking sector.
With a market capitalisation of Rs. 9,04,980 cr, the shares of ICICI Bank Ltd closed at Rs. 1262.75 per share, down from its previous close of Rs. 1,280.50 per share. As of Q4 FY26, FIIs have trimmed their stake from 43.87% to 34.48%, a decrease of 9.39%.
Max Healthcare Institute Ltd
Max Healthcare Institute is one of India’s leading hospital chains, providing healthcare services across specialties such as oncology, cardiology, and neurology. The company operates a network of hospitals with a focus on advanced medical care and premium healthcare services.
With a market capitalisation of Rs. 96,657 cr, the shares of Max Healthcare Institute Ltd closed at Rs. 993.20 per share, down from its previous close of Rs. 1,005.70 per share. As of Q4 FY26, FIIs have trimmed their stake from 50.55% to 45.39%, a decrease of 5.16%.
Bliss GVS Pharma Ltd
Bliss GVS Pharma Ltd is an India-based pharmaceutical company focused on developing, manufacturing, and marketing affordable formulations, particularly in segments like suppositories, pessaries, and anti-malarial treatments.
With a market capitalisation of Rs. 2,922 cr, the shares of Bliss GVS Pharma Ltd closed at Rs. 276.25 per share, up from its previous close of Rs. 267.75 per share. As of Q4 FY26, FIIs have trimmed their stake from 14.54% to 10.45%, a decrease of 4.09%
CarTrade Tech Ltd
CarTrade Tech is an online auto platform offering vehicle buying, selling, financing, and auction services. It operates digital marketplaces for new and used vehicles and serves consumers, dealers, and manufacturers through its technology-led ecosystem.
With a market capitalisation of Rs. 7,779 cr, the shares of CarTrade Tech Ltd closed at Rs. 1623.15 per share, down from its previous close of Rs. 1,647.40 per share. As of Q4 FY26, FIIs have trimmed their stake from 64.58% to 60.15%, a decrease of 4.43%
Landmark Cars Ltd
Landmark Cars is an automotive retail company engaged in vehicle sales, servicing, and insurance facilitation. It partners with major automobile brands and operates a dealership network across multiple Indian cities.
With a market capitalisation of Rs. 1,666 cr, the shares of Landmark Cars Ltd closed at Rs. 401.95 per share, down from its previous close of Rs. 409.70 per share. As of Q4 FY26, FIIs have trimmed their stake from 9.82% to 5.05%, a decrease of 4.77%
Five-Star Business Finance Ltd
Five-Star Business Finance is a non-banking financial company that provides secured business loans to small entrepreneurs and self-employed individuals. It primarily caters to borrowers who have limited access to formal banking credit.
With a market capitalisation of Rs. 14,103 cr, the shares of Five-Star Business Finance Ltd closed at Rs. 478.80 per share, down from its previous close of Rs. 498.55 per share. As of Q4 FY26, FIIs have trimmed their stake from 52.95% to 48.48%, a decrease of 4.47%
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
The post 10 Stocks Seeing Sharp Stake Reductions from FIIs in Q4 to Look out for appeared first on Trade Brains.