Top 10 Smallcap Stocks Where Promoters Increased Stake in Q4 FY26. Do You Own Any?
16 smallcap companies where promoters raised their holdings during March quarter of FY26, including Religare Enterprises, Websol Energy, PC Jeweller, and JB Chemicals.
Quick Summary
Here's a list of 16 small-cap stocks where promoters increased their holdings during the March quarter of FY26. Companies like Religare Enterprises, PC Jeweller, Websol Energy, and JB Chemicals saw promoter buying, even as several of these stocks saw sharp volatility in recent weeks.
Promoters Raise Stakes in Several Small-Cap Stocks
Promoter buying is closely tracked by investors, as it may reflect management’s confidence in the company’s future growth. According to a report, 16 small-cap companies saw an increase in promoter shareholding during the January–March quarter of FY26.
Apart from small caps, brokerage also highlighted large-cap names such as Adani Enterprises share, Grasim Industries, and Adani Energy Solutions, along with mid-cap companies including Jindal Stainless and Godrej Properties.
Among small caps, Religare Enterprises recorded the sharpest rise in promoter holding during the quarter.
Top 5 Smallcap Stocks Where Promoters Increased Stakes in Q4 FY26
Here is the list of top 5 smallcap stocks where promoters increased their stake in Q4 FY26.
|
Company |
Promoter Holding (Dec 2025) |
Promoter Holding (Mar 2026) |
Increase in Promoter Holding |
|
Religare Enterprises |
26.27% |
30.27% |
+4.0% |
|
Electrosteel Castings |
46.22% |
50.14% |
+3.9% |
|
PC Jeweller |
37.19% |
40.72% |
+3.5% |
|
JK Paper |
49.63% |
52.94% |
+3.3% |
|
Suven Life Sciences |
67.36% |
70.15% |
+2.8% |
Source: Screener, JM Financial, ET
This blog is for informational purposes only.
Other Smallcap Stocks Where Promoters Increased Stake
Here are small-cap stocks, apart from the top 5, where promoters increased their holdings in Q4 FY26.
|
Company |
Promoter Holding (Dec 2025) |
Promoter Holding (Mar 2026) |
Increase in Promoter Holding |
|
Websol Energy |
27.71% |
29.72% |
+2.0% |
|
Raymond Lifestyle |
58.22% |
59.52% |
+1.3% |
|
Inox Green |
54.82% |
56.12% |
+1.3% |
|
JB Chemicals & Pharmaceuticals |
47.55% |
48.80% |
+1.25% |
|
Gujarat Alkalies & Chemicals |
46.28% |
47.28% |
+1.0% |
|
Midwest Gold |
57.91% |
58.78% |
+0.9% |
|
Vardhman Textile |
64.44% |
65.09% |
+0.65% |
|
NCC |
22.25% |
22.81% |
+0.6% |
|
OneSource Specialty Pharma |
29.93% |
30.48% |
+0.55% |
|
Star Cement |
57.62% |
58.12% |
+0.5% |
|
RateGain Travel |
48.55% |
48.77% |
+0.22% |
Source: Screener, JM Financial, ET.
This blog is for informational purposes only.
Stocks That Saw Strong Promoter Buying
Religare Enterprises
Religare Enterprises recorded the biggest jump in promoter holding among the companies listed in the report. Promoter stake increased from 26.27% in December 2025 to 30.27% in March 2026.
However, Religare stock performance remained weak in the short term:
-
Down nearly ~8% in YTD
-
132% return in five years (19 May 2021-19 May 2026)
Electrosteel Castings
The promoter holding in Electrosteel Castings stock increased by 3.9% during Q4 FY26.
However, Electrosteel Castings stock performance remained weak in the short term:
-
Down nearly 2% in YTD
-
132% return in 5 years (19 May 2021- 19 May 2026)
Websol Energy Remains a Multibagger
Websol Energy continued to attract attention after promoters increased their stake by 2% during the quarter. The company, which manufactures solar cells and solar modules, has delivered exceptional long-term returns.
Websol Energy Returns
-
Up over 1,000% in 3 years
-
Up more than 2,315% in 5 years (19 May 2021 - 19 May 2026)
PC Jeweller
PC Jeweller promoters raised their stake by 3.5% in Q4 FY26. While the stock has fallen 35% in one year (19 May 2025- 19 May 2026), it has still delivered over 201% returns in 5-year periods (19 May 2021-19 May 2026).
Suven Life Sciences
Promoters increased their stake by 2.8%. The stock jumped 64% in 2026 so far and has gained 205% in 5 years (19 May 2021-19 May 2026).
Gujarat Alkalies & Chemicals
Promoter stake rose 1% during the quarter. The stock has gained 39% in 2026 despite recent short-term weakness.
Conclusion
Promoter stake increases are often seen as a positive signal by the market, especially when buying happens during periods of volatility. JM Financial’s report showed that several small-cap companies witnessed promoter accumulation in Q4 FY26, including stocks from pharma, renewable energy, retail, chemicals, and financial services sectors. Investors may continue tracking these companies closely in the coming quarters.