4 Largecap Stocks With Under 10 Per Cent DII Holding to Watch for Future Multibagger Potential: Adani Power, Hindustan Zinc, Pidilite and Lodha Developers

Stocks with under 10 per cent DII holding to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. Adani Power, Hindustan Zinc, Pidilite and Lodha Developers meet that test, with market caps from Rs 1.06 lakh crore to Rs 3.79 lakh crore and Adani Power offering the largest market cap at Rs 3,78,559 crore. Each of these companies has domestic institutional holding below 10 per cent in the latest shareholding data, and net profit rose in FY26 and in the latest quarter.

This list covers companies with domestic institutional holding below 10 per cent in the latest shareholding data, rising profit in FY26 and the latest quarter, market capitalisation above Rs 1,00,000 crore, and complete, verifiable financials, ranked by market capitalisation. Each company has a market cap above Rs 1 lakh crore. Investors screening stocks with under 10 per cent DII holding usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 20 October 2026 and are drawn from NSE and BSE data and company filings.

Click Here – Get Free Investment Predictions

What Are Stocks With Under 10 Per Cent DII Holding and Why Do They Attract Multibagger Interest?

Stocks with under 10 per cent DII holding are shares where mutual funds and insurers hold a small share, which leaves room for more buying. The four here cover zinc, power generation, real estate and adhesives.

Low institutional ownership can change quickly when funds build positions. For stocks with under 10 per cent DII holding, rising profit gives them a reason. With stocks with under 10 per cent DII holding, comparing valuation, growth and balance sheet strength together works better than relying on one number. Every company in the table below passed a rising-profit check, and the figures for stocks with under 10 per cent DII holding are complete. Read each company's latest results and exchange filings before acting on stocks with under 10 per cent DII holding.

Stocks With Under 10 Per Cent DII Holding at a Glance: Price, Market Cap, PE and ROE

Prices are closing prices as of 20 October 2026. Hindustan Zinc combines the lowest PE of the group, 13.12, with the highest return on equity, 61.13%.

Stock	CMP (Rs)	Market Cap (Rs Cr)	PE	Industry PE	ROE	Debt to Equity	52-Week Range (Rs)
Adani Power	194.08	3,78,559	26.03	22.18	19.76%	0.84	194.08 to 463.25
Hindustan Zinc	538.40	2,23,984	13.12	12.27	61.13%	0.39	412.25 to 609.05
Pidilite Industries	1,482.60	1,53,351	57.31	36.15	22.61%	0.04	1,259.00 to 1,707.50
Lodha Developers	1,030	1,06,038	25.68	31.94	14.72%	0.42	650.80 to 1,344.95

Adani Power: 27.48% Profit CAGR Since FY22

Adani Power is one of the largest private thermal power producers in India. It reported FY26 revenue of Rs 57,865.28 crore and net profit of Rs 12,971.08 crore, up 1.74%. Net profit has compounded at 27.48% a year since FY22, while revenue has grown 16.25% a year. Operating margin was 43.20% in FY26.

In the June 2026 quarter, revenue rose 32.58% to Rs 19,322.30 crore and net profit grew 47.24% to Rs 4,866.60 crore. Domestic institutions raised their holding from 2.69% in September 2025 to 4.47% in September 2026. The stock trades at a PE of 26.03 against an industry PE of 22.18, with a return on equity of 19.76%.

Hindustan Zinc: Return on Equity of 61.13%

Hindustan Zinc is among the world's largest integrated zinc producers and also produces lead and silver. It reported FY26 revenue of Rs 41,934 crore, up 19.59% year on year, and net profit of Rs 13,832 crore, up 33.60%. Net profit has compounded at 9.48% a year since FY22, while revenue has grown 8.15% a year. Operating margin was 56.75% in FY26. The debt-to-equity ratio is 0.39.

The stock trades at a PE of 13.12 against an industry PE of 12.27, with a return on equity of 61.13%. The dividend yield is 1.89%. In the June 2026 quarter, revenue rose 74.70% to Rs 14,063 crore and net profit grew 144.81% to Rs 5,469 crore. Foreign investors raised their holding from 1.31% in September 2025 to 2.36% in September 2026.

Pidilite: Return on Equity of 22.61%

Pidilite Industries makes Fevicol, Dr. Fixit and other adhesives and construction chemicals. It reported FY26 revenue of Rs 14,867.01 crore, up 11.05% year on year, and net profit of Rs 2,470.72 crore, up 17.87%. Net profit has compounded at 19.62% a year since FY22, while revenue has grown 10.54% a year. Operating margin was 25.81% in FY26. The debt-to-equity ratio is 0.04, which keeps interest costs low.

In the June 2026 quarter, revenue rose 20.96% to Rs 4,643.55 crore and net profit grew 30.29% to Rs 883.51 crore. Domestic institutions raised their holding from 9.15% in June 2025 to 9.88% in June 2026. The stock trades at a PE of 57.31 against an industry PE of 36.15, with a return on equity of 22.61%.

Lodha Developers: 29.80% Profit CAGR Since FY22

Lodha Developers (formerly Macrotech Developers) is a leading residential developer in the Mumbai Metropolitan Region, with projects in Pune and Bengaluru. It reported FY26 revenue of Rs 17,119.50 crore, up 20.82% year on year, and net profit of Rs 3,430.70 crore, up 24.00%. Net profit has compounded at 29.80% a year since FY22, while revenue has grown 15.79% a year. Operating margin was 32.23% in FY26. The debt-to-equity ratio is 0.42.

The stock trades at a PE of 25.68 against an industry PE of 31.94, below the sector average, with a return on equity of 14.72%. In the June 2026 quarter, revenue rose 40.61% to Rs 5,096.70 crore and net profit grew 103.39% to Rs 1,373.10 crore. The share price has gained 78.95% over five years. Domestic institutions raised their holding from 2.20% in June 2025 to 3.57% in June 2026.

Stocks With Under 10 Per Cent DII Holding: Financial Comparison on Growth and Margins

The table compares scale and growth across these stocks with under 10 per cent DII holding. Latest quarter means the most recent reported quarter for each company, and only metrics that are positive for every company are shown.

Stock	Revenue (Rs Cr)	Net Profit (Rs Cr)	4-Year Revenue CAGR	4-Year Net Profit CAGR	Latest Quarter Revenue Growth	Operating Margin (Latest Quarter)
Adani Power	57,865.28	12,971.08	16.25%	27.48%	32.58%	44.90%
Hindustan Zinc	41,934	13,832	8.15%	9.48%	74.70%	64.19%
Pidilite	14,867.01	2,470.72	10.54%	19.62%	20.96%	28.62%
Lodha Developers	17,119.50	3,430.70	15.79%	29.80%	40.61%	40.51%

Check the Univest Screener for live data on these stocks with under 10 per cent DII holding

Institutional Holding in Adani Power, Hindustan Zinc, Pidilite and Lodha Developers

Institutional holding shows who is backing these stocks with under 10 per cent DII holding alongside the promoter. The table uses the latest reported quarter for each. Lodha Developers has the deepest institutional backing, with FII and DII together holding 27.22% as of June 2026. Domestic institutions increased their holding over the past year in Adani Power (from 2.69% to 4.47%), Pidilite (from 9.15% to 9.88%) and Lodha Developers (from 2.20% to 3.57%).

Stock	Promoter	FII	DII	Public	Quarter
Adani Power	74.96%	11.03%	4.47%	9.54%	September 2026
Hindustan Zinc	60.71%	2.36%	4.85%	32.07%	September 2026
Pidilite	69.24%	11.69%	9.88%	9.18%	June 2026
Lodha Developers	70.31%	23.65%	3.57%	2.47%	June 2026

Risks to Weigh in Stocks With Under 10 Per Cent DII Holding

Being careful with stocks with under 10 per cent DII holding means looking at what can slow the story as well as what can speed it up. Four points matter most:

• Past growth may not repeat.
• Share prices can move sharply in either direction.
• Valuation: Pidilite trades at a PE of 57.31 against an industry PE of 36.15, so earnings need to keep growing to support the price.
• Concentration: Holding all 4 names puts the allocation in one sector, so size each position to match your risk appetite.

How to Choose Between Stocks With Under 10 Per Cent DII Holding

Picking from stocks with under 10 per cent DII holding comes down to four checks, applied in order.

1. Check balance sheet strength first, and prefer a debt-to-equity ratio below 1 for non-financial companies.
2. Compare each PE with the industry PE (12.27 to 36.15) and ask whether the growth rate justifies any gap.
3. Track net profit growth, the operating margin and the return on equity in every quarterly result.
4. Stagger entries across quarters and review institutional holding every reporting season.

Download the Univest iOS App or Univest Android App to track Adani Power, Hindustan Zinc, Pidilite and Lodha Developers live prices.

Conclusion

Among stocks with under 10 per cent DII holding, Adani Power stands out for the largest market cap at Rs 3,78,559 crore, Hindustan Zinc for the highest return on equity at 61.13%, Pidilite for a nearly debt-free balance sheet, with a debt-to-equity ratio of 0.04 and Lodha Developers for the fastest profit growth, 29.80% a year since FY22. Which one suits a portfolio depends on how much valuation risk it can carry, so staggering entries and reviewing each quarterly result is a sound habit. Investors comparing stocks with under 10 per cent DII holding should rank them on growth, financial strength and the price paid, and anyone who wants personalised guidance can consult a SEBI-registered advisor before acting.

Frequently Asked Questions on Stocks With Under 10 Per Cent DII Holding to Watch

Which are the best stocks with under 10 per cent DII holding to watch for multibagger potential?

Ans. Adani Power, Hindustan Zinc, Pidilite and Lodha Developers are the 4 names this list highlights, with market caps of Rs 3,78,559 crore, Rs 2,23,984 crore, Rs 1,53,351 crore and Rs 1,06,038 crore respectively. Adani Power is notable for the largest market cap at Rs 3,78,559 crore. Hindustan Zinc stands out for the highest return on equity at 61.13%. Pidilite offers a nearly debt-free balance sheet, with a debt-to-equity ratio of 0.04. Lodha Developers brings the fastest profit growth, 29.80% a year since FY22. These are watchlist names for stocks with under 10 per cent DII holding, not recommendations, so match each one to your own risk profile and time horizon.

Is Hindustan Zinc a good stock for long-term investors?

Ans. Hindustan Zinc has a return on equity of 61.13%, a PE of 13.12 against an industry PE of 12.27 and a market cap of Rs 2,23,984 crore. Net profit has compounded at 9.48% a year since FY22, and FY26 revenue rose 19.59% while June 2026 quarter net profit grew 144.81%. Long-term returns in stocks with under 10 per cent DII holding depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.

Can Lodha Developers become a multibagger from here?

Ans. Lodha Developers has already gained 78.95% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in stocks with under 10 per cent DII holding requires earnings to keep growing faster than the market for several years. Net profit has compounded at 29.80% a year since FY22, and FY26 revenue rose 20.82%. At a PE of 25.68 against an industry PE of 31.94, valuation should be checked against that growth before investing.

What is the market cap of Adani Power, Hindustan Zinc, Pidilite and Lodha Developers?

Ans. As of 20 October 2026, Adani Power has a market cap of Rs 3,78,559 crore, Hindustan Zinc has a market cap of Rs 2,23,984 crore, Pidilite has a market cap of Rs 1,53,351 crore and Lodha Developers has a market cap of Rs 1,06,038 crore. All of them qualify as largecaps. Market cap changes daily with the share price, so check the latest figure on the Univest Screener or on NSE before taking a decision on stocks with under 10 per cent DII holding.

What are the risks of investing in stocks with under 10 per cent DII holding?

Ans. The main risks are market swings, slower growth than expected and valuations that already reflect good news. Companies with strong balance sheets and steady earnings handle these better. Pidilite trades at a PE of 57.31 against an industry PE of 36.15, so earnings growth needs to hold up.

Why is Pidilite trading at a PE of 57.31?

Ans. Pidilite's PE of 57.31 compares with an industry PE of 36.15. The market is paying a premium for a return on equity of 22.61%, profit growth of 19.62% a year since FY22 and latest-quarter profit growth of 30.29%, which also means the stock is more sensitive if growth slows. Investors in stocks with under 10 per cent DII holding who are comfortable with higher valuation risk may prefer to stagger purchases instead of investing in one go.

How much do institutions hold in Adani Power, Hindustan Zinc, Pidilite and Lodha Developers?

Ans. As of the latest reported quarter, FII and DII together hold 15.50% of Adani Power (11.03% and 4.47%), 7.21% of Hindustan Zinc (2.36% and 4.85%), 21.57% of Pidilite (11.69% and 9.88%) and 27.22% of Lodha Developers (23.65% and 3.57%). Rising institutional holding is a useful signal in stocks with under 10 per cent DII holding, though it should be read with earnings trends rather than on its own.