Foreign institutional investors (FIIs) have raised shareholding in Suzlon Energy, the largest wind turbine supplier. FIIs shareholding increased 13 basis points to 6.44% at the end of March 2014 quarter from 6.31% as on Dec. 31, 2013.
On the other hand, domestic institutional investors' (DIIs) shareholding went down to 22.82% at the end of March 2014 quarter from 22.85% as on Dec. 31, 2013.
Under DIIs, financial institutions/ banks held maximum stake of 19.04%, followed by insurance companies (2.62% stake) and mutual funds / UTI (1.16% stake).
Meanwhile, promoter and promoter group shareholding was unchanged at 39.19% at the end of March 2014 quarter.
Shares of the company gained Rs 0.12, or 0.92%, to trade at Rs 13.23. The total volume of shares traded was 2,719,298 at the BSE (1.31 p.m., Thursday).