The Economic Times

FIIs cut stakes in 14 smallcap stocks after 2 quarters of buying; shares fall up to 55%

FIIs reduced their holdings in 93 smallcap stocks in the June quarter after increasing stakes for two consecutive quarters. Among them, 14 stocks have declined 1555% over the past six months, including HEG, GRM Overseas, Alok Industries, Natco Pharma and JK Tyre.