4 Midcap FII Holding Higher Than DII Holding Stocks to Watch for Future Multibagger Potential: Max Healthcare, Phoenix Mills, NALCO and Aegis Logistics

FII holding higher than DII holding stocks to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. Max Healthcare, Phoenix Mills, NALCO and Aegis Logistics meet that test, with market caps from Rs 43,794 crore to Rs 86,889 crore and Max Healthcare offering the largest market cap at Rs 86,889 crore. Each of these companies has a market capitalisation between Rs 30,000 crore and Rs 1,00,000 crore and a foreign institutional holding at least 3 percentage points above the domestic institutional holding, a return on equity of at least 10 per cent and profit growth in FY26 and in the latest quarter, and net profit rose in FY26 and in the latest quarter.

This list covers companies with a market capitalisation between Rs 30,000 crore and Rs 1,00,000 crore and a foreign institutional holding at least 3 percentage points above the domestic institutional holding, a return on equity of at least 10 per cent and profit growth in FY26 and in the latest quarter, rising profit in FY26 and the latest quarter, and complete, verifiable financials, ranked by market capitalisation. Each company has a market cap between Rs 30,000 crore and Rs 1 lakh crore. Investors screening FII holding higher than DII holding stocks usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 29 October 2026 and are drawn from NSE and BSE data and company filings.

Click Here – Get Free Investment Predictions

What Are FII Holding Higher Than DII Holding Stocks and Why Do They Attract Multibagger Interest?

FII holding higher than DII holding stocks are shares of mid sized companies in which foreign funds own clearly more than domestic funds, a sign that global investors have picked these businesses as favourites. The four here cover hospitals, retail malls, aluminium and gas logistics.

Foreign funds study companies across many countries, so a bigger foreign stake than a domestic stake shows that global money sees value in the business, and rising profit supports that view. Within FII holding higher than DII holding stocks, the four companies show rising profit. For FII holding higher than DII holding stocks, both FY26 and the latest quarter showed growth. Whichever way you read FII holding higher than DII holding stocks, the common thread is rising profit backed by complete financial data. For FII holding higher than DII holding stocks, checking each result against the latest quarter matters more than any single ratio. The next sections explain what stands out in each of FII holding higher than DII holding stocks, using FY26 and latest quarter data. Prices move daily, so recheck the figures for FII holding higher than DII holding stocks before you decide.

FII Holding Higher Than DII Holding Stocks at a Glance: Price, Market Cap, PE and ROE

Prices are closing prices as of 29 October 2026. NALCO combines the lowest PE of the group, 9.06, with the highest return on equity, 26.83%.

Stock	CMP (Rs)	Market Cap (Rs Cr)	PE	Industry PE	ROE	Debt to Equity	52-Week Range (Rs)
Max Healthcare Institute	851.15	86,889	59.63	60.75	13.42%	0.32	815.00 to 1,221.90
Phoenix Mills	1,969.90	71,341	43.76	31.56	11.14%	0.48	1,465.60 to 2,169.80
National Aluminium Company	323.50	61,109	9.06	12.46	26.83%	0.00	222.71 to 445.15
Aegis Logistics	1,178.70	43,794	29.68	54.37	14.83%	0.69	576.10 to 1,528.70

Max Healthcare: 24.26% Profit CAGR Since FY22

Max Healthcare Institute runs a network of multi-speciality hospitals in Delhi NCR, Mumbai and other cities. It reported FY26 revenue of Rs 8,536.07 crore, up 18.82% year on year, and net profit of Rs 1,442.41 crore, up 34.07%. Net profit has compounded at 24.26% a year since FY22, while revenue has grown 20.42% a year. Operating margin was 28.15% in FY26. The debt-to-equity ratio is 0.32.

In the June 2026 quarter, revenue rose 16.60% to Rs 2,406.69 crore and net profit grew 4.87% to Rs 322.96 crore. The share price has gained 149.91% over five years. Domestic institutions raised their holding from 17.42% in June 2025 to 29.96% in June 2026. The stock trades at a PE of 59.63 against an industry PE of 60.75, below the sector average, with a return on equity of 13.42%.

Phoenix Mills: 58.28% Profit CAGR Since FY22

Phoenix Mills owns and runs large retail malls across India under the Phoenix Marketcity and Palladium brands, along with offices, hotels and residences. It reported FY26 revenue of Rs 4,593.55 crore, up 15.87% year on year, and net profit of Rs 1,556.61 crore, up 19.60%. Net profit has compounded at 58.28% a year since FY22, while revenue has grown 31.04% a year. Operating margin was 62.83% in FY26. The debt-to-equity ratio is 0.48.

The stock trades at a PE of 43.76 against an industry PE of 31.56. In the June 2026 quarter, revenue rose 13.27% to Rs 1,115.15 crore and net profit grew 23.02% to Rs 393.55 crore. The share price has gained 303.49% over five years and 11.92% over the past year. Domestic institutions raised their holding from 15.47% in September 2025 to 17.31% in September 2026.

NALCO: Return on Equity of 26.83%

National Aluminium Company is a government-owned, integrated bauxite-to-aluminium producer with operations in Odisha. It reported FY26 revenue of Rs 18,508.88 crore, up 7.96% year on year, and net profit of Rs 5,797.01 crore, up 10.04%. Net profit has compounded at 18.38% a year since FY22, while revenue has grown 6.33% a year. Operating margin was 48.16% in FY26. The debt-to-equity ratio is 0.00, which keeps interest costs low.

In the June 2026 quarter, revenue rose 39.31% to Rs 5,475.68 crore and net profit grew 90.87% to Rs 2,003.14 crore. The share price has gained 160.35% over five years and 39.86% over the past year. Foreign investors raised their holding from 15.06% in June 2025 to 21.99% in June 2026. The stock trades at a PE of 9.06 against an industry PE of 12.46, below the sector average, with a return on equity of 26.83%. The dividend yield is 3.45%.

Aegis Logistics: 30.21% Profit CAGR Since FY22

Aegis Logistics stores and handles liquid and gas products at port terminals and distributes LPG. It reported FY26 revenue of Rs 8,659.79 crore, up 24.21% year on year, and net profit of Rs 1,106.63 crore, up 40.54%. Net profit has compounded at 30.21% a year since FY22, while revenue has grown 16.70% a year. Operating margin was 21.34% in FY26.

The stock trades at a PE of 29.68 against an industry PE of 54.37, below the sector average, with a return on equity of 14.83%. In the June 2026 quarter, revenue rose 38.23% to Rs 2,463.17 crore and net profit grew 210.70% to Rs 544.84 crore. The share price has gained 505.66% over five years and 70.64% over the past year. Foreign investors raised their holding from 16.88% in September 2025 to 19.13% in September 2026.

FII Holding Higher Than DII Holding Stocks: Financial Comparison on Growth and Margins

The table compares scale and growth across these FII holding higher than DII holding stocks. 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)	Revenue Growth (YoY)	4-Year Revenue CAGR	4-Year Net Profit CAGR	Operating Margin (Latest Quarter)
Max Healthcare	8,536.07	1,442.41	18.82%	20.42%	24.26%	27.00%
Phoenix Mills	4,593.55	1,556.61	15.87%	31.04%	58.28%	63.42%
NALCO	18,508.88	5,797.01	7.96%	6.33%	18.38%	54.34%
Aegis Logistics	8,659.79	1,106.63	24.21%	16.70%	30.21%	34.79%

Check the Univest Screener for live data on these FII holding higher than DII holding stocks

Institutional Holding in Max Healthcare, Phoenix Mills, NALCO and Aegis Logistics

Institutional holding shows who is backing these FII holding higher than DII holding stocks alongside the promoter. The table uses the latest reported quarter for each. Max Healthcare has the deepest institutional backing, with FII and DII together holding 71.74% as of June 2026. Domestic institutions increased their holding over the past year in Max Healthcare (from 17.42% to 29.96%) and Phoenix Mills (from 15.47% to 17.31%).

Stock	Promoter	FII	DII	Public	Quarter
Max Healthcare	23.71%	41.78%	29.96%	4.56%	June 2026
Phoenix Mills	47.24%	31.62%	17.31%	3.83%	September 2026
NALCO	51.28%	21.99%	11.22%	15.51%	June 2026
Aegis Logistics	58.10%	19.13%	4.01%	18.77%	September 2026

Risks to Weigh in FII Holding Higher Than DII Holding Stocks

Being careful with FII holding higher than DII holding stocks 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: Phoenix Mills trades at a PE of 43.76 against an industry PE of 31.56, 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 FII Holding Higher Than DII Holding Stocks

Picking from FII holding higher than DII holding stocks 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 (12.46 to 60.75) 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 Max Healthcare, Phoenix Mills, NALCO and Aegis Logistics live prices.

Conclusion

Among FII holding higher than DII holding stocks, Max Healthcare stands out for the largest market cap at Rs 86,889 crore, Phoenix Mills for the fastest profit growth, 58.28% a year since FY22, NALCO for the highest return on equity at 26.83% and Aegis Logistics for the biggest five-year price gain at 505.66%. 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 FII holding higher than DII holding stocks 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 FII Holding Higher Than DII Holding Stocks to Watch

Which are the best FII holding higher than DII holding stocks to watch for multibagger potential?

Ans. Max Healthcare, Phoenix Mills, NALCO and Aegis Logistics are the 4 names this list highlights, with market caps of Rs 86,889 crore, Rs 71,341 crore, Rs 61,109 crore and Rs 43,794 crore respectively. Max Healthcare is notable for the largest market cap at Rs 86,889 crore. Phoenix Mills stands out for the fastest profit growth, 58.28% a year since FY22. NALCO offers the highest return on equity at 26.83%. Aegis Logistics brings the biggest five-year price gain at 505.66%. These are watchlist names for FII holding higher than DII holding stocks, not recommendations, so match each one to your own risk profile and time horizon.

Is NALCO a good stock for long-term investors?

Ans. NALCO has a return on equity of 26.83%, a PE of 9.06 against an industry PE of 12.46 and a market cap of Rs 61,109 crore. Net profit has compounded at 18.38% a year since FY22, and FY26 revenue rose 7.96% while June 2026 quarter net profit grew 90.87%. Long-term returns in FII holding higher than DII holding stocks depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.

Can Phoenix Mills become a multibagger from here?

Ans. Phoenix Mills has already gained 303.49% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in FII holding higher than DII holding stocks requires earnings to keep growing faster than the market for several years. Net profit has compounded at 58.28% a year since FY22, and FY26 revenue rose 15.87%. At a PE of 43.76 against an industry PE of 31.56, valuation should be checked against that growth before investing.

What is the market cap of Max Healthcare, Phoenix Mills, NALCO and Aegis Logistics?

Ans. As of 29 October 2026, Max Healthcare has a market cap of Rs 86,889 crore, Phoenix Mills has a market cap of Rs 71,341 crore, NALCO has a market cap of Rs 61,109 crore and Aegis Logistics has a market cap of Rs 43,794 crore. All of them qualify as midcaps. 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 FII holding higher than DII holding stocks.

What are the risks of investing in FII holding higher than DII holding stocks?

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. Phoenix Mills trades at a PE of 43.76 against an industry PE of 31.56, so earnings growth needs to hold up.

Why is Phoenix Mills trading at a PE of 43.76?

Ans. Phoenix Mills' PE of 43.76 compares with an industry PE of 31.56. The market is paying a premium for profit growth of 58.28% a year since FY22, latest-quarter profit growth of 23.02% and FY26 revenue growth of 15.87%, which also means the stock is more sensitive if growth slows. Investors in FII holding higher than DII holding stocks who are comfortable with higher valuation risk may prefer to stagger purchases instead of investing in one go.

How much do institutions hold in Max Healthcare, Phoenix Mills, NALCO and Aegis Logistics?

Ans. As of the latest reported quarter, FII and DII together hold 71.74% of Max Healthcare (41.78% and 29.96%), 48.93% of Phoenix Mills (31.62% and 17.31%), 33.21% of NALCO (21.99% and 11.22%) and 23.14% of Aegis Logistics (19.13% and 4.01%). Rising institutional holding is a useful signal in FII holding higher than DII holding stocks, though it should be read with earnings trends rather than on its own.