Foreign Institutional Investors (FIIs) have reduced shareholding in all prices in Indraprastha Gas, a natural gas distribution company.

FIIs shareholding decreased 406 basis points to 15.52% at the end of March 2014 quarter from 19.58% as on Dec. 31, 2013.

On the other hand, domestic institutional investors' (DIIs) shareholding went up to 23.12% at the end of March 2014 quarter from 18.74% as on Dec. 31, 2013.

Under DIIs, Insurance companies held maximum stake of 8.87%, followed by mutual funds / UTI (8.32% stake), Central Government / State Government (5% stake) and financial institutions / banks (0.93% stake).

Meanwhile, promoter and promoter group shareholding was unchanged at 45% at the end of March 2014 quarter.

Shares of the company gained Rs 1.55, or 0.53%, to trade at Rs 292.50. The total volume of shares traded was 15,544 at the BSE (1 p.m., Thursday).