So far, 81 per cent of companies on the BSE 500 index have declared their fourth quarter 2013/14 shareholding details. A few interesting trends have emerged.
A close look at the shareholding patterns of promoters, their pledged shares and the foreign institutional investors community reveals that around four per cent of companies saw a consistent increase in their promoter and promoter group holdings, whereas almost double that (around eight per cent) saw a consistent decline. Nearly 23 per cent companies consistently witnessed a rise in foreign institutional investors (FIIs) holdings whereas around 12 per cent companies saw it reducing. The details:
United Spirits saw the maximum increase of 17.5 percentage points whereas Gitanjali Gems witnessed the sharpest fall in promoter and promoter group holdings over the last four quarters.
Promoter & promoter group holdings
Foreign Institutional Investors
Page Industries was the most favored stock among the FIIs community with a percentage growth of 12.6 and the least favored was HCL Infosystems with a decline of 17.6 percentage points over the last four quarters.
Promoter and promoter group pledged shareholdings
Nine companies saw an increase in the promoter and promoter group pledged share holdings while six companies saw a decrease.