Domestic institutional investors (DIIs) have raised shareholding in Hero Motocorp over the last three months. DIIs' shareholding increased by 346 basis points to 10.89 percent at the end of March 2015 quarter from 7.43 percent as on Dec 31, 2014.
On the other hand, foreign institutional investors (FIIs) shareholding increased by 143 basis points to 40.77 percent at the end of March 2015 quarter from 39.34 percent as on Dec 31, 2014.
Non Institutions were holding 13.7 percent stake at the end of March 2015 quarter, up 39 basis points from 13.31 percent as on Dec 31, 2014.
Corporate bodies were holding 1.76 percent stake at the end of March 2015 quarter, down 2 basis points from 1.78 percent as on Dec 31, 2014.
Promoters have reduced shareholding in Hero Motocorp over the last three months. Promoters have reduced shareholding by 528 basis points to 34.64 percent at the end of March 2015 quarter from 39.92 percent as on Dec 31, 2014.