Five-Quarter FPI Buying Spree Continues in Healthcare, Chemicals and FMCG Stocks in Q2 FY26

Foreign Portfolio Investors (FPIs) have continued their strong buying momentum across select Healthcare, Chemical, and FMCG companies for five consecutive quarters, reflecting growing confidence in India’s defensive growth sectors, export-driven businesses, and high-margin models. The latest Q2 FY26 shareholding data shows a clear shift toward companies with consistent earnings, innovation-led portfolios, and long-term visibility.

The rising FPI ownership highlights increasing global interest in CRAMS players, speciality chemical manufacturers, and stable FMCG brands, sectors considered resilient amid global uncertainty.

Healthcare Sector: Sai Life Sciences Leads with the Highest FPI Accumulation

Healthcare remained a top FPI favourite, supported by strong demand visibility and export-linked revenue streams.

• Sai Life Sciences recorded the sharpest jump in FPI holding—from 7.63% in Q2 FY25 to 22.49% in Q2 FY26.
  This surge reflects growing confidence in its CRAMS strengths, R&D capabilities, and expansion across regulated markets.
  
  
• Gland Pharma and Caplin Point Labs also witnessed consistent inflows, supported by improving product mix, margin recovery and strong international order books.
  
  

With global outsourcing demand rising, FPIs appear to be accumulating high-quality healthcare names with scalable business models.

Chemicals Sector Remains a Strong FPI Magnet

Chemical companies continued to attract solid foreign buying due to India’s cost advantage, product diversification, and innovation-led growth trajectory.

• Navin Fluorine maintained steady inflows with FPI shareholding rising to 22.15% in Q2 FY26, supported by expectations of a revival in speciality and fluorochemical segments.
  
  
• Coromandel International and Clean Science & Tech also saw healthy additions as FPIs positioned themselves ahead of sector recovery and structural growth in agri-inputs and speciality intermediates.
  
  

The consistent five-quarter uptrend signals long-term confidence in companies with strong export footprints and value-added portfolios.

FMCG Stocks Attract Stable FPI Buying on Strong Cash Flows

FMCG companies saw continued foreign interest led by:

• AWL Agri, where FPI shareholding climbed to 14.11%, driven by improving rural demand and strong brand positioning.
  
  
• Gillette India, known for premium products and steady cash flows, also reported a rise in foreign ownership.
  
  

FPI preference for FMCG names underscores their focus on stable margins, pricing power, and low earnings volatility.