Volume Shocker: MFs add 1 crore+ shares to 5 stocks in September; shares tumble up to 43%
Physicswallah moved higher.
· Economic Times Markets, ET Stocks
Mutual funds significantly increased stakes in 45 stocks in September 2026 despite market volatility. While gainers like PhysicsWallah and Meesho rallied up to 21%, heavy institutional buying in stocks like PB Fintech, Swiggy, and L&T Finance failed to stem steep price declines of up to 43%.
The analysis
Physicswallah reported movement of 43% and 21%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -3.9% on the day at ₹135.46, and has returned +0.7% over three months. It sits 13% below its 52-week high. The consumer & retail sector has moved -4.6% over the same period, so Physicswallah is running 5.3 points ahead of its peers.
With Physicswallah, Meesho and PB Fintech all implicated, this reads as a Consumer & Retail-level move rather than a company-specific one, which is the more durable kind of signal.
Market context
- It touches several names at once (PWL, MEESHO, POLICYBZR, SWIGGY), which points to a sector-level rather than company-specific driver.
- Sector exposure: Consumer & Retail, Insurance, Hotels & Restaurants.
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