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DIIs cut exposure in Indiabulls Power
Source: IRIS | 08 Oct, 2014, 10.38AM
Rating: NAN / 5 stars.
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Promoters have reduced shareholding in Indiabulls Power over the last three months. Promoters have reduced shareholding by 33 basis points to 57.49 percent at the end of September 2014 quarter from 60.79 percent as on Jun 30, 2014.

Indian promoters have reduced shareholding in Indiabulls Power over the last three months. Indian promoters have reduced shareholding by 33 basis points to 57.49 percent at the end of September 2014 quarter from 60.79 percent as on Jun 30, 2014.

Foreign institutional investors (FIIs) have raised shareholding in Indiabulls Power over the last three months. FIIs' shareholding increased by 05 basis points to 2.55 percent at the end of September 2014 quarter from 2.5 percent as on Jun 30, 2014.

Domestic institutional investors (DIIs) have reduced shareholding in Indiabulls Power over the last three months. DIIs' shareholding decreased by 144 basis points to 15.3 percent at the end of September 2014 quarter from 16.74 percent as on Jun 30, 2014.

Non Institutions were holding 24.66 percent stake at the end of September 2014 quarter, up 469 basis points from 19.97 percent as on Jun 30, 2014.

Corporate bodies were holding 10.3 percent stake at the end of September 2014 quarter, up 722 basis points from 3.08 percent as on Jun 30, 2014.

Foreign promoters' shareholding was unchanged at percent at the end of September 2014.

Shares of the company declined Rs 0.38, or 2.89%, to trade at Rs 12.75. The total volume of shares traded was 337,093 at the BSE (10.26 a.m., Wednesday).

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