small-cap stocks during the September quarter. Techno Electric, Honasa Consumer, Heritage Foods, Genus Power Infra, Sansera Engineering, Electronics Mart India, Kalyan Jewellers, Kamdhenu, and Arvind Fashions are among the companies that attracted foreign flows in the period.
For instance, foreign portfolio investors (FPIs) increased their stakes in Techno Electric & Engineering Company from 4.39% to 9.81% during the quarter.
FPIs have consistently increased their stake in this stock over the past 12 quarters. Similarly, in Honasa Consumer, the parent company of Mamaearth listed on the bourses last year, FPIs’ stake grew from 13.95% to 19.32% during the quarter.
<div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-114266033»> <div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-114266033»>According to consensus price target estimates of analysts compiled by Refinitiv, the stock could give a return of 26% over the next year. FPI holding in Heritage Foods increased from 3.32% to 8.26% while Genus Power saw their stakes rise from 2.77% to 7.36%