Kolkata: KSH International, Jana Small Finance Bank, VST Industries and Repco Home Finance are four small cap stocks which have witnessed increase in exposure of both FIIs and DIIs in the Jan-March period.
This is the period when the Indian stock market came in the grip of the US-Iran war that sent crude oil prices through the roof. Natural gas supplies were severely disrupted too putting economies around the world in jeopardy. Both BSE Sensex and Nifty 50 kept moving like yo-yo reacting to the news emanating from the war. In this turmoil the act of raising exposure in these stocks by investors is being interpreted as a sign of strong fundamentals and future growth potential of these companies. Let’s have a closer look at these stocks.
KSH International
KSH International is a prominent manufacturer of magnet winding wires. The company manufactures products for transformers, motors, generators, EV motors and the railway sector. According to reports, FII holding in the company rose from 3.81% to 5.05% in the Q4FY26 period. The stake by DIIs too went up from 11.72% to 13.89%. The growing demand in the EV sector and the company’s strong presence in the export market are considered to be tailwinds for this decision.
Jana Small Finance Bank
Jana Small Finance Bank offers home loans, gold loans, auto loans and various other services related to banking. During the Q4FY26 period, FII exposure increased from 4.11% to 4.31%, while DII holdings rose from 14.90% to 16.27%. The bank’s robust balance sheet, improved liquidity and strong loan growth influenced investor activity in this counter.
VST Industries
VST Industries is a prominent player in the tobacco and cigarette sector of the country. Between December 2025 and March 2026, FII holding increased from 1.22% to 1.34%, while DII holding rose from 6.31% to 6.63%. Price hikes implemented by the company and its strong brand portfolio are considered to be the primary factors driving this growth.
Repco Home Finance
Repco Home Finance is active in the housing finance sector with a strong presence in South India and Tier-2 and Tier-3 cities. During the quarter ending March 2026, FII holding increased from 12.60% to 13.37%, while DII holding rose from 23.74% to 24.27%. The company is also pursuing a strategy to upgrade its IT systems and offering digital solutions to customers.