Foreign institutional investors (FIIs) have reduced shareholding in all prices in Shriram City Union Finance, the non-banking financial company, specialized in retail finance.
FIIs shareholding decreased 40 basis points to 25.31% at the end of March 2014 quarter from 25.71% as on Dec. 31, 2013.
On the other hand, domestic institutional investors' (DIIs) shareholding went down to 2.98% at the end of March 2014 quarter from 2.99% as on Dec. 31, 2013.
Under DIIs, mutual funds / UTI held maximum stake of 2.82%, followed by financial institutions / banks (0.16% stake).
Meanwhile, promoter and promoter group shareholding went down to 37.56% at the end of March 2014 quarter from 37.57% as on Dec. 31, 2013.
Shares of the company gained Rs 3.25, or 0.27%, to trade at Rs 1,206.20. The total volume of shares traded was 1 at the BSE (11.46 a.m., Thursday).