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FIIs hike shareholding in Redington sharply in March quarter
Source: IRIS | 09 Apr, 2015, 12.27PM
Rating: NAN / 5 stars.
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Foreign institutional investors (FIIs) have raised shareholding in Redington (India) over the last three months. FIIs' shareholding increased by 211 basis points to 39.38 percent at the end of March 2015 quarter from 37.27 percent as on Dec 31, 2014.

On the other hand, domestic institutional investors (DIIs) shareholding increased by 5 basis points to 12.64 percent at the end of March 2015 quarter from 12.59 percent as on Dec 31, 2014.

Non Institutions were holding 34.65 percent stake at the end of March 2015 quarter, down 216 basis points from 36.81 percent as on Dec 31, 2014.

Corporate bodies were holding 5.89 percent stake at the end of March 2015 quarter, down 146 basis points from 7.35 percent as on Dec 31, 2014.

Shares of the company gained Rs 0.25, or 0.19%, to trade at Rs 130.35. The total volume of shares traded was 33,573 at the BSE (12.21 p.m., Thursday).



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